Prospects for Hydrogen Energy in Vietnam

Galina Mikhailovna Kostyunina
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Galina Mikhailovna Kostyunina: MGIMO-University, Moscow, Russia

Russian Foreign Economic Journal, 2025, issue 5, 94-109

Abstract: The goal of decarbonizing the economy, achieving regional leadership in the production and export of environmentally friendly hydrogen by 2050, and the dynamic growth of energy consumption require the development of hydrogen energy in Vietnam. The present study aims to assess the potential role of hydrogen in the development of the Vietnamese economy, the formation of the hydrogen market, the essence and measures of government policy in the field of hydrogen energy, as well as to identify the main problems and prospects for its development in Vietnam. The latter are mainly related to the advantages of having large reserves of renewable energy, low financial risks, favorable geographical location and proximity to potential markets, opportunities to reduce capital costs, and well-thought-out government policies and measures to promote hydrogen energy.

Keywords: : Vietnam; decarbonization of economy; hydrogen; green hydrogen; grey hydrogen; blue hydrogen; hydrogen energy; renewable energy sources; sole energy; wind energy (search for similar items in EconPapers)
JEL-codes: L6 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:alq:rufejo:rfej_2025_05_94-109

DOI: 10.24412/2072-8042-2025-5-94-109

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