Vietnam aims to increase hydrogen output
Vietnam sets challenging hydrogen targets
Prime minister approves strategy aimed at ramping up production of green and blue hydrogen by 2030
Vietnam could be at risk of missing near- and long-term clean hydrogen production targets set out in a national industry strategy approved in February due to unattractive conditions that include a lack of funding to incentivise producers and relatively high production costs. Vietnam’s Ministry of Industry and Trade held a conference in Hanoi on 22 February to outline the hydrogen production strategy that was formulated in summer 2023. The policy document calls for green and blue hydrogen output to reach a combined 100,000–500,000t/yr by 2030, rising to 10–20mt/yr by 2050. A first draft of the strategy was prepared last summer and then circulated to ministries, departments and groups for comm
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