Under Viet Nam’s Power Development Plan 8 (PDP8), Viet Nam aims to establish Renewable Energy (RE) industrial and service centres. These hubs are envisioned to integrate RE power generation, manufacturing of RE equipment, logistics infrastructure for offshore wind, potentially green hydrogen production as well as R&D and training. 

To advance this vision, MOIT launched a JETP working group in 2024. Co-chaired by the Electricity Authority of Viet Nam (EAV) and Germany, the group is driving forward the strategic planning and development of RE Centres.  

As an initial step, GIZ ESP conducted an international review of existing RE hubs to inform Viet Nam’s approach. In consultation with EAV, Petrovietnam (PVN), and Vietnam Electricity (EVN), the study places particular emphasis on localizing the offshore wind value chain as a catalyst for building strong and sustainable RE hubs. 

Key points of the study discussed at the sub-working group meeting on 11 June 2025 include: 

Unlock RE Centre potential with Offshore Wind at the core 

• With 600 GW in technical potential, Viet Nam leads ASEAN. 
• The revised PDP8 sets ambitious targets: Up to 17 GW by 2035, 139 GW by 2050, and 240 GW for green hydrogen by mid-century. 
• Offshore wind offers long-term jobs, national value creation, and leverages Viet Nam’s oil & gas legacy infrastructure. 

Apply a comprehensive planning based on all RE Hub features  

 RE Hubs are regional industrial ecosystems that often integrate two or more of the following: 

• Large-scale RE manufacturing, especially near ports for offshore wind, 
• Electricity generation, like solar + storage or offshore wind farms for proximate producing industries (also via DPPA) 
• Workforce training and R&D facilities, aligned with local needs. 
• Industrial policies fostering regional investment  

Think clusters, not single sites 

• Global experience shows that RE manufacturing is rarely centralized. Successful hubs form flexible regional clusters – with OEMs at the center and Tier 2/3 suppliers growing organically. 

Going global with local strengths 

• Viet Nam must integrate into global offshore wind value chains – not duplicate them.
• Focus on segments with competitive advantage. 
• Ensure RE electricity supply for export-facing industries to meet carbon standards  

Policy actions that matter

• Use industrial policy (e.g., SEZs, tax incentives, grid support) to catalyze investment. 
• Ensure a long-term, stable project pipeline to justify manufacturing commitments. 
• Plan flexibly – RE Hubs grow best as regional clusters, not single centralized zones.