The Government of Vietnam has announced plans to develop two renewable energy industry and service hubs by 2030 under its revised Just Energy Transition Partnership (JETP) roadmap.
Under the updated strategy, renewable energy is expected to account for around 47% of total installed power capacity by 2030, while emissions from the power sector will be capped at approximately 170 million tonnes of CO₂ equivalent. The plan aligns with the country’s broader power development framework for 2021–2030 and its long-term energy transition vision.
The government aims to establish a comprehensive regulatory and policy framework to attract investment across key segments such as offshore wind, solar power, and energy storage. It also plans to collaborate with international partners to upgrade transmission infrastructure and deploy smart grid systems to support large-scale renewable integration.
Looking ahead, Vietnam has set a long-term target of increasing renewable energy’s share to as much as 85 per cent of total primary energy by 2050. This will be supported by the gradual phase-out of ageing coal-fired power plants and continued policy reforms to accelerate clean energy deployment.