Vietnam holds the highest wind power potential in Southeast Asia. The long coastline provides the country with a promising offshore wind power market; all while, wind development is also an important pillar for Vietnam to achieve its 2050 net-zero strategy and reduce the country's dependency on imported fuels.

According to GWEC’s forecast, if Vietnam completes 7GW of offshore wind power installations by 2030, the domestic market will attract more than US$20 billion in investment, create 126,000 jobs, and save US$2 billion in foreign energy imports. But the key question is how can we translate this plan into actual operational capacity over the next 5-10 years.
 

Bearing in mind the question, we held the IMPACT Webinar and asked industry experts for advice:

• Mr. Phat Nguyen, Counsel, Rajah & Tann LCT Lawyers

• Mr. Alban d'Hautefeuille, Head of Development Asia, TotalEnergies

• Mr. Kei Saiki, Executive Officer, Co-head of Global Business, RENOVA, Inc.

• ​Mr. Trung Tran Van, Director & Lead of Power Sector, KPMG Vietnam (Moderator)

• Mr. Oman Singh, Regional Director, Hero Future Energies

• Mr. Bui Van Thinh, CEO, Thuan Binh Wind Power Joint Stock Compan

• Mr. Hoang Nghiem, Investment Director - Energy, Saigon Asset Management (SAM)

• Dr. Nguyen Dinh, Head of Hydrogen and Principal in Vietnam & Ireland, OWC

• Mr. Thanh Hai Nguyen, Partner, Baker McKenzie Vietnam