Viet Nam, with its abundant offshore wind resources and manufacturing capabilities, Viet Nam is well-positioned to be a regional offshore wind hub. Despite initial interest from international developers in Viet Nam, many investors withdrew while awaiting policy clarity.This report aims to inform industry stakeholders about Viet Nam’s current offshore wind policies and regulations and provide recommendations to the government for framework improvements that will support project success and help achieve national targets. For Viet Nam to realize its offshore wind potential and meet national energy targets, a balanced approach that leverages both state and private sector capabilities while providing a stable, attractive investment environment is essential.
A Framework for Private Sector-Led Offshore Wind Projects in Viet Nam: Next Steps for Advancing Viet Nam’s Offshore Wind Journey
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2025
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World Bank Group
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