Vietnam has approved a new national hydrogen strategy that aims to produce 100,000-500,000 tonnes of clean H2 annually by 2030, rising to 10-20 million tonnes by 2050.

As part of the strategy, the government is seeking foreign investors to help produce green and blue hydrogen in the country, which will either be exported or used domestically for transport, heavy industry and power generation, meeting about 10% of the nation’s final energy demand by 2050.

“The overall goal of the strategy is to develop Vietnam’s hydrogen energy ecosystem based on renewable energy, including production, storage, transportation, distribution, domestic use and export to downstream countries,” the Ministry of Industry and Trade said in a statement.