Norway and Vietnam continues cooperation on energy

Saturday, 05/10/2024 10:07
(CPV) - The Norwegian Embassy in Hanoi launched the Report "Offshore Wind Supply Chain for Fast Track Scenario in Vietnam" and handed it over to Vietnam’s Ministry of Industry and Trade (MOIT) on October 4.

The Norwegian Embassy in Hanoi launched and handed the Report "Offshore Wind Supply Chain for Fast Track Scenario in Vietnam" over to the MOIT. (Photo: Norwegian Embassy in Vietnam)

The launch was hosted by the Norwegian Ambassador to Vietnam Hilde Solbakken in the presence of the Guest of Honour, Deputy Minister of Industry and Trade Nguyen Hoang Long. The event is also attended by representatives from relevant departments under MOIT including the Electricity and Renewable Energy Authority (EREA), Electricity Regulatory Authority, Department of Oil, Gas and Coal, Department of Industrial Safety Engineering and Environment, Department of Science and Technology, Department of Financial Planning, Department of Energy Conservation and Sustainable Development, Institute of Energy, Vietnam Oil and Gas Group (PVN), Vietnam Electricity Group (EVN).... The Embassy also welcomes representatives from the international stakeholders including members of the Global Wind Energy Council, the Development Partners Group (DPG) in Vietnam, Just Energy Transition Partnership (JETP) member countries, private companies and other stakeholders in the energy sector. 

"We are very honored to launch this Report with the presence of MOIT Deputy Minister Nguyen Hoang Long", said Ambassador Hilde Solbakken. "Norway is proud of the cooperation with Vietnam and MOIT in the renewable energy sector, both as a bilateral partner and a JETP member. We hope this Report will be useful to Vietnam and MOIT in designing a roadmap for developing the country’s offshore wind industry and its local supply chain. I believe this would also open new cooperation opportunities for Norwegian and Vietnamese companies", Ambassador Solbakken continued.

"We are very honored to launch this Report with the presence of MOIT Deputy Minister Nguyen Hoang Long", said Ambassador Hilde Solbakken. "Norway is proud of the cooperation with Vietnam and MOIT in the renewable energy sector, both as a bilateral partner and a JETP member. We hope this Report will be useful to Vietnam and MOIT in designing a roadmap for developing the country’s offshore wind industry and its local supply chain. I believe this would also open new cooperation opportunities for Norwegian and Vietnamese companies", Ambassador Solbakken continued.

With high appreciation of the Report, Deputy Minister Nguyen Hoang Long said, “This is an important source of information for the Government and the Ministry of Industry and Trade in our planning activities for the offshore wind industry”.

He also stressed Vietnam’s potential in the development of the local supply chain for this industry leveraging the experience from a well-established oil and gas industry, which helps to save time and cost. He also expressed hope that Norway, with its long- and well-estalished oil and gas and maritime industries, could assist Vietnam in the development of the offshore wind industry in general and the local supply chain for this industry in particular.

At the event (Photo: Norwegian Embassy in Vietnam)

The Report was commissioned by the Norwegian Embassy in Hanoi in December 2023 and outlines the steps to develop a well-functioning supply chain for Vietnam’s emerging offshore wind industry. As for the two pilot projects for offshore wind decided by the Government of Vietnam, the Report illustrates the potential supply chain for the development of 1 GW in the North and 1 GW in the South of Vietnam (1GW completed and Commercial Operation Date (COD) by 2030 and an additional 1GW COD by 2035).

This is the second offshore wind supply chain report that the Norwegian Embassy has commissioned in Vietnam. The first one provided an overview of the entire supply chain for Vietnam’s offshore wind industry and was handed over to MOIT Minister Nguyen Hong Dien in 2021 when the two countries celebrated the 50th anniversary of bilateral diplomatic ties./.

Bich Lien

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