Vietnam is working towards 6,000 MW of installed offshore wind capacity by 2030 and 17,000 MW by 2035 under the revised Power Development Plan VIII.

On October 18, Deputy Minister of Industry and Trade Luong Hoang Thai asked Norway to encourage Norfund and Norwegian businesses to invest more in offshore wind, storage batteries and smart grids.

The World Bank estimates Vietnam's technical offshore wind potential at 600 GW, among the highest in Asia-Pacific.

PetroVietnam can cooperate with Norway on project development models, marine surveys, offshore engineering, port infrastructure, logistics and human resource training.