Vietnam Embraces a Journey Towards Sustainability, and There is No Turning Back

Vietnam is an inspiring example in the context of renewable energy transition. It has become one of the clean energy leaders in the world and has a bright future in this regard. This is because the growth of renewable energy in Vietnam is expected to be exponential due to natural endowments, strong national policies, and continuously increasing investments. Vietnam is among the ten countries with the biggest installed solar power energy capacity and has topped the growth-rate charts of solar energy. Throughout 2020, rooftop solar installations grew by over 2,400% compared to 2019. Due to this, the country achieved its 2025 target five years early. Vietnam’s proactive approach and innovative spirit, paired with its strong ties with clean energy leaders like Sweden and Germany, allow it to speed up its renewable energy transition while also open up opportunities to foreign investors.


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