Vietnam’s Ministry of Industry and Trade aims to produce up to 20 million tonnes of hydrogen a year by 2050.
According to Vietnam Plus, the plan emerged after a 22 February conference in Hanoi called to consider the problems of production, storage, and distribution for domestic use and export.
The conference concluded that it would be possible to achieve a production capacity of up to 500,000 tonnes a year by 2030, and to scale this up to between 10 and 20 million tonnes by the year 2050.
The country wants hydrogen to meet around 10% of the country’s energy needs by then.
Vietnam’s trade and industry minister, Nguyen Hong Dien, asked all government branches to integrate their policies into the national hydrogen strategy.
He also called on businesses to make their development plans comply with the strategy, and to mobilise domestic and foreign capital to finance projects.
In 2022, Vietnamese clean energy company TGS Green Hydrogen began work on an $840m green hydrogen plant in Ben Tre Province, the first of its kind in the country.
This will have a capacity of 24,000 tonnes of hydrogen, 150,000 tonnes of ammonia and 195,000 tonnes of oxygen (see further reading).
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