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Viet Nam to export renewable energy to Malaysia, Singapore

VGP - Viet Nam has reached an agreement to export renewable energy via submarine cables to Singapore and Malaysia.

Posts Kim Loan

May 27, 2025 6:28 AM GMT+7

Vietnamese Prime Minister Pham Minh Chinh, Malaysian Prime Minister Anwar Ibrahim and Singaporean Prime Minister Lawrence Wong witness the signing ceremony of the trilateral agreement on cooperation in exporting renewable energy, in Kuala Lumpur, Malaysia, May 26, 2025. Photo: VGP

The agreement was signed on the sidelines of the 46th ASEAN Summit in Kuala Lumpur, Malaysia on May 25 under the presence of Vietnamese Prime Minister Pham Minh Chinh and his Malaysian and Singaporean counterparts Anwar Ibrahim and Lawrence Wong.

This event marks the first step in the implementation of the tripartite cooperation, affirming the common commitment to promoting cross-border clean electricity trade.

  • between 5 and 10 GW to countries like Singapore and Malaysia by 2035. These plans align with the ASEAN Power Grid initiative, aiming to enhance regional energy security and integration.

    Viet Nam boasts significant offshore wind resources including over 470 GW within 200 km of the coast, offering substantial opportunities for both domestic use and exports. PDP8 targets 6 GW of offshore wind capacity by 2030, with a long-term vision exceeding 70 GW by 2050./.