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Vietnam's green hydrogen market attracts FDI | Vietnam Today - Video học tiếng Anh

Vietnam's green hydrogen market attracts FDI | Vietnam Today

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0:01As one of the world's largest privately

0:03owned industrial gases companies with

0:05more than 125 years of experience,

0:08Messer is expanding its investment in

0:10Vietnam. The company's first commercial

0:12scale green hydrogen production project

0:14in Vietnam, developed in partnership

0:16with Enterpo, is expected to begin

0:18operations in September this year.

0:23>> Uh with a GDP growth of 8 to 10%

0:26investment of new companies in the

0:30electronics, in automotive, in many many

0:33industry where you need more and more

0:35quality, so you need more and more high

0:37purity gas, but also hydrogen is part of

0:40of this mix. So,

0:42all that makes that the industrial gas

0:44will continue to grow and that with

0:47company like Messer, we will continue to

0:49to develop and to bring more expertise

0:51and and

0:53low carbon gases.

0:56>> Since May 2026, the power to liquid

0:59pilot project, which studies the use of

1:01green hydrogen combined with a

1:03sustainable carbon sources to produce

1:05fuel, has been underway. This is a

1:07collaboration between the Vietnam

1:09Petroleum Refining and Petrochemical

1:11Corporation and the German International

1:13Cooperation Organization. Though still

1:15in the pre-feasibility study phase, the

1:18project is expected to lay the

1:19foundation for a low emission fuel chain

1:22serving aviation and maritime transport.

1:28>> To commercialize and produce green

1:30hydrogen on a large scale, first, a

1:32stable supply of renewable electricity

1:35is needed, which requires very large

1:38scale wind power projects.

1:41Second, the quality of hydrogen must be

1:43consistent. Third, production costs must

1:46be competitive and commercially viable.

1:52>> At present, there is already strong

1:54demand for hydrogen across a range of

1:57industries. Current demand is estimated

2:00at about 500,000 tons per year.

2:03Compared with other countries in

2:04Southeast Asia, Vietnam has a

2:06competitive advantage in developing

2:09low-emission hydrogen industries.

2:13>> According to experts, the increased

2:15investment by foreign businesses is seen

2:17as a strategic leverage for Vietnam's

2:19green hydrogen sector. It can also

2:22address bottleneck in capital, cost,

2:25and output markets, while accelerating

2:28the commercialization and completion of

2:30the value chain from production and

2:33storage to distribution of green

2:35hydrogen.