Vietnam could lead SE in renewable energy development: German newspaper
Vietnam will soon lead Southeast Asia in renewable energy development, Germany’s Energiezukunft highlighted in its latest article, describing the country’s energy transition as very impressive.
A field of solar power panels in An Giang (Photo: VNA)
Berlin (VNA) – Vietnam will soon lead Southeast Asia in renewable energydevelopment, Germany’s Energiezukunft highlighted in its latest article, describingthe country’s energy transition as very impressive.
Vietnam is experiencing a solar boom, with 11.6 GW of power of this kind added to thenational grid last year, according to the International Renewable Energy Agency.
Only 105 MW of solar electricity was installed in the country in 2018, and thefigure rose to 5 GW in only a yearlater, and even to 16.5GW in 2020, the article said, adding this is aconsiderable increase as compared to other nations at the same time.
As demand for energy in this Southeast Asian country is forecast to shoot updramatically in the coming time, big players in the field have invested heavilyin solar energy plants. Last summer, a 45 MW plant was put into operation inthe central province of Ninh Thuan by Sharp Energy Solutions Corporation,contributing some 76 MWh per year. The firm is carrying out another five 245MW plants in the country.
The successful solar energy story in Vietnam was sparked by a special marketmechanism, which drew much interest from investors. Under the purchasing powerat fixed prices, investors would sell the renewable energy they create to thegrid at a fixed price – one that would more than cover the cost of investingin renewable energy facilities.
Vietnam could carry out more bidding mechanisms for solar projects, in whichall renewable energy projects which are not subject to the fixed pricemechanism are able to join.
The Vietnamese Government is planning to double the power capacity in the next 10 years. Accordingly, 29 percent of the nation’s electricity will come fromrenewable energy source by 2030, and 18 percent from hydropower.
Capacity of renewable energy is envisioned at 45 GW, much higher than theprevious plan of 27 GW – the level which is achievable within 2021 or next yearas the latest.
Although the energy transition is taking place rapidly, coal-generated electricityaccounted for 28 percent of the nation’s total power. However, renewable energywill take the lion's share by 2045./.
Vietnam and Sweden have nurtured long-standing energy cooperation and now the scope of cooperation has expanded from hydropower in the past to safe and sustainable energy development at present.
Experts discussed the opportunities and challenges in sustainable energy transition at a Hanoi forum held by Vietnam Energy magazine on April 20, which focused on the development of green, clean, and renewable energy against the backdrop of international capital movement into the country.
The UK’s Financial Times on April 26 ran an article highlighting that the expansion of Vietnam’s wind and solar farms is proving crucial to powering its economic growth.
VietNEST (Vietnamese Nurturing Education for Science & Traditions) is a mobile app and digital platform for Vietnamese language learning among overseas children.
The networks bring together universities, research institutes and domestic and foreign businesses. Members will work closely in training, research, and technology transfer by sharing curricula, improving faculty capacity, providing access to laboratories and research facilities, and jointly implementing science and technology projects.
The Better Choice Awards (BCA) 2025 is a key highlight in the lead-up to Vietnam Innovation Day that falls on October 1, an annual event expected to attract hundreds of innovative enterprises, research institutions, investment funds, and startups from both Vietnam and abroad.
The new line serves as a critical backup route, strategically complementing existing submarine cables and enhancing the resilience, proactivity, and security of Vietnam’s telecommunications infrastructure.
Vietnam is actively yet cautiously preparing for the construction of its first nuclear power plant in Ninh Thuan (now the south-central coastal province of Khanh Hoa). The resumption of the programme after years of suspension carries considerable significance for the nation’s development in a new era as it strives to gradually reduce and ultimately phase out coal-fired power to realise the Government’s commitment to Net Zero by 2050.
The government leader reaffirmed Vietnam’s goal of achieving self-reliance in the design, manufacturing, and test of necessary semiconductor chips by no later than 2027.
With the launching of its two-tier local administration model, the city is incorporating technologies such as artificial intelligence (AI) and blockchain to enhance service delivery for citizens and businesses, aligning with the Politburo’s Resolution 57-NQ/TW on breakthroughs in science, technology, innovation, and national digital transformation.
Vietnam has issued many key policies to support semiconductor development, notably the Politburo’s Resolution 57 on science, technology, innovation, and digital transformation. Other initiatives include the Semiconductor Industry Development Strategy to 2030, with a vision to 2050, and the Human Resources Development Programme for the Semiconductor Industry.
Vietnam is no longer just an emerging blockchain market, it is stepping into a leadership role, with global investors, developers, and experts recognising its growing potential to become a leading hub for digital assets in the region.
Taking place on August 1–2, the event features more than 20,000 attendees and over 200 speakers from Vietnam, the h Korea, Singapore, the UAE, Hong Kong (China) and the US.
Dung directed the Ministry of Science and Technology to revise the national startup scheme, ensuring it clearly defines the scope and content, grounded on strong political and legal foundations, international best practices, and well-reasoned arguments for submission to the Government.
The two-day academic forum, themed “Resilience, Sustainability & Digital Transformation in a Changing World: Perspectives from Southeast Asia”, aims to share interdisciplinary research insights, focusing on adaptive capacity, sustainable development, and digital transformation amid evolving global and regional landscapes.
With such a rapid economic growth, Vietnam must diversify energy sources and nuclear power is a rational choice to ensure the national energy security, said Associate Professor Kei Koga from the Nanyang Technological University (Singapore).
Deputy Prime Minister Nguyen Chi Dung emphasised that Vietnam has a clear strategy and ambition in this field, and is rapidly emerging as a central hub and key link in the regional and global semiconductor value chains.
According to Cushman & Wakefield’s latest Asia-Pacific Data Centre Investment Landscape report, Vietnam now ranks second in the region for data centre investment returns, with a yield on cost (YoC) of 17.5–18.8%, just behind Singapore’s 21–23%.
Vietnam is taking drastic yet cautious steps in building a culture of nuclear safety and security, with the aim of having its first nuclear power plant operational by the end of 2030 and using this specific energy source effectively and sustainably.
Vietnam’s 5G strategy has been clearly outlined in national digital technology and infrastructure policies. A wide range of solutions is being vigorously implemented to achieve the target of an average internet speed of 100 Mbps by 2025 and full nationwide 5G coverage by 2030.
The visit aimed to assess the new two-tier local government model, preparations for upcoming Party congresses at levels, and implementation of the Politburo’s Conclusion on school construction in border areas.
Under the theme “Breakthrough Era with the Development of Industrial Internet”, the event gathered over 400 delegates, including senior officials, leading Internet experts, and technology engineers from Vietnam and abroad.
A field of solar power panels in An Giang (Photo: VNA) 
