Economists and industry insiders have long called for measures to address the country’s infrastructure and policy-related issues to meet objectives set in the Power Plan VIII.
Vietnam moves into gear to ensure petroleum supply vir.com.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vir.com.vn Daily Mail and Mail on Sunday newspapers.
Current obstacles in liquefied natural gas import costs and electricity selling prices mean it will be difficult for Vietnam to achieve its set targets for gas power capacity.
VN’s draft Hydrogen Production Strategy by 2030, with a vision towards 2050, aims is to strive for hydrogen production capacity from renewable energy processes, producing green hydrogen and other processes with carbon capture reaching 100 - 500 thousand tonnes by 2030 and targeting around 10 - 20 million tonnes by 2050.
Vietnam remains committed and focused on enhancing the development of hydrogen energy production and hydrogen-source fuels in regions with potential and advantages in renewable energy, close to major consumer markets.