The Government of Vietnam is accelerating the development of its wind energy sector under the National Power Development Plan VIII (PDP8), targeting between 26 GW and 38 GW of onshore wind capacity and approximately 6 GW of offshore wind capacity by 2030. The expansion forms part of the country’s strategy to achieve net-zero emissions by 2050 while strengthening long-term energy security and attracting renewable energy investment.
According to the Global Wind Energy Council (GWEC), Vietnam has an estimated 600 GW of offshore wind potential, much of it located in shallow coastal waters that are suitable for fixed-foundation wind turbine technology, offering lower development costs compared to floating offshore wind systems.
Vietnam currently has more than 5.5 GW of operational onshore and nearshore wind projects following rapid deployment under the Feed-in Tariff (FiT) programme introduced in 2018. While sector growth slowed amid regulatory uncertainty and delays in introducing new policy mechanisms, investor confidence is gradually improving as authorities begin issuing offshore wind survey permits and advancing regulatory frameworks. Industry participants continue to call for clearer licensing procedures, electricity pricing mechanisms and power purchase agreement structures to support future investments. If these challenges are addressed, Vietnam is expected to enter a new phase of large-scale wind energy development, supporting rising electricity demand and the country’s clean energy transition.
