Renewable Energy and Energy Efficiency in Viet Nam – Assessment of green hydrogen export potential of Viet Nam
Keywords: Green hydrogen, hydrogen export, Viet Nam, hydrogen market, hydrogen shipping cost | Study published: April 2022
Green hydrogen (GH2) and its derivatives are widely recognized as critical components of the energy transition, moving away from fossil fuels and embracing cleaner, renewable energy (RE) sources. These technologies play a pivotal role in decarbonizing hard-to-abate sectors such as steel, cement, chemicals, long-haul road transport, maritime shipping, and aviation.
To establish a strong foundation for hydrogen development and bolster its contribution to carbon neutrality, many nations have formulated or are in the process of developing mid- and long-term hydrogen strategies.
In this context, GIZ, on the behalf of the Government of Viet Nam, has commissioned the study “Assessment of Green Hydrogen Export Potential of Viet Nam.” The study aims to conduct both quantitative and qualitative analyses to assess Viet Nam's potential as a GH2 and green ammonia exporter. It focuses on identifying opportunities to supply international markets, with particular emphasis on Europe, South Korea, Japan, and Germany.
With the right policy framework and financial support, Viet Nam has the potential to emerge as a key exporter of GH2, meeting the demands of regional markets across Asia and global markets.
- Viet Nam has strong GH2 export potential but faces intense competition. Robust policies are needed to enhance competitiveness.
- Developing a domestic GH2 market is essential to strengthen global market readiness.
- International cooperation is key for accessing advanced technologies, investment, and markets, enabling Viet Nam to position itself as a competitive player in the green hydrogen industry.
