Vietnam has a long coastline and great potential to generate
energy from offshore wind. This is especially true in the South,
South Central and Mekong Delta regions. But serious interest
in the development of offshore wind power has only recently
begun. The industry holds great promise. This Article sets
out Vietnam's current policy and its plan to develop offshore
wind power.
Overview. We start with Decision
391 that provides the encouragement to develop offshore
wind projects. It provides general policies to develop offshore
wind projects (including favorable conditions and incentives).
Now, both local and foreign investors are able to develop
offshore wind projects. About 36 GW have been registered for
development, but no development plan has been approved. The
targets are mainly situated in Binh Dinh, Phu Yen, Khanh Hoa,
Ninh Thuan, Binh Thuan, Ba Ria–Vung Tau, Ben
Tre, and Bac Lieu provinces where wind speed is constant. The
Ministry of Trade and Industry