The Government of Vietnam is targeting to achieve 6GW of wind energy by 2030, which may be increased to 11GW by 2025
Asia’s fast-growing offshore wind market has been drawing significant interest amongst developers, investors and financiers from across the world. At the centre of this dynamic region, Vietnam, with more than 3,000 kilometres of coast line and huge unexploited wind power potential, is emerging as a prospective new hot spot for the global offshore wind industry.
This report, co-authored with our integrated alliance firm Linklaters, sets out a brief overview of the Vietnam wind market, the opportunities and challenges, as well as key legal considerations investors need to be aware of when investing in offshore wind in Vietnam.
Publication Date: May 2020