On February 21, US industrial giant Honeywell announced that it has signed a MoU with The Green Solutions Group Corporation (TGS) for the Tra Vinh Green Hydrogen Project, Vietnam s first green hydrogen plant in the Mekong Delta.
Gregory Testerman, chairman of the American Chamber of Commerce for Ho Chi Minh City and the central city of Danang, gave VIR’s Bich Ngoc his assessment on US investor interest in the Vietnamese energy market.
In addition to appropriate policies, the establishment of objectives and strategic plans is a prerequisite for the development and completion of the hydrogen value chain in Vietnam.
Promoting a green hydrogen ecosystem has the potential to annually contribute over $40 billion to GDP and generate over 40,000 jobs for the Vietnamese economy.