On 7 February 2024, the Prime Minister issued Decision No. 165/QD-TTg to approve Vietnam’s hydrogen energy development strategy until 2030, with a vision to 2050. Following "National Power Development Plan VIII", the strategy sets out a roadmap and policy directions for the country's development and push in enhancing its hydrogen energy capacity and use.
Under this strategy, Vietnam will target a production of 100,000 - 500,000 tonnes of clean hydrogen annually by 2030, and 10 - 20 million tonnes by 2050. Furthermore, by 2050, the strategy targets to have around 10% of Vietnam’s final energy consumption demands generated by hydrogen energy and hydrogen-derived fuel.
