On February 22, 2024, in Hanoi, the Ministry of Industry and Trade organized a conference (in-person and online with other localities) to implement Vietnam’s Hydrogen Energy Development Strategy until 2030, with a vision to 2050 (Hydrogen Energy Strategy), which was approved by the Prime Minister in Decision No. 165/QD-TTg on February 7, 2024.
The strategy sets a general goal to develop a hydrogen energy ecosystem that includes production, storage, transportation, distribution, and use of hydrogen with synchronized, modern infrastructure, based on renewable energy, contributing to energy security, achieving the national goals on climate change, green growth, and net-zero emissions by 2050.
The strategy also aims to deploy advanced technology in the production of green hydrogen energy and other hydrogen energy production technologies using CCS/CCUS from various fuel sources in Vietnam by 2030. It is expected that the production capacity of hydrogen from renewable energy processes and other processes with carbon capture will reach about 100,000 – 500,000 tons per year by 2030.
Thus, if the goal of building infrastructure for the production, use, storage, transportation, and distribution of hydrogen energy becomes a reality, it would be entirely feasible for automobile manufacturers to introduce hydrogen-powered vehicles to Vietnam. This is because they would then benefit from government incentives and have the necessary conditions to operate. Fuel for hydrogen vehicles would also not be as expensive as it is now.
Keith Wipke, the program director for hydrogen and fuel cell technology testing at the U.S. National Renewable Energy Laboratory, predicts: “In just a few decades, hydrogen stations and hydrogen vehicles will have a bright future everywhere, not just in the United States.”
BIGNANOTECH is looking for partners to co-develop this highly potential field.
To discuss collaboration opportunities, please contact:
BIGNANOTECH Company
Hotline: (+84) 879 808 080 – (+84) 868 939 595
Email: sales@bignanotech.com
