Call for increased use of hydrogen energy


Renewable sources: The hustle and bustle of a busy road in Hanoi. Experts say that Vietnam has a formidable national hydrogen strategy, but the absence of a sound system for storing, transporting and distributing is stalling its development. — AFP

HANOI: Despite the government’s recognition of hydrogen energy’s potential and the launch of a national strategy, experts say the adoption of hydrogen in Vietnam remains limited.

According to the Industry and Trade Ministry (MoIT), the majority of domestic hydrogen demand in Vietnam is sourced from fertiliser factories, which account for approximately 316,000 tonnes per year, as well as the Dung Quat oil refinery (39,000 tonnes) and the Nghi Son oil refinery and petrochemical complex (139,000 tonnes).

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Oil heads for first weekly gain in three as US-Iran tensions brew
Bursa Malaysia lower at midday amid hawkish US Fed cues
I-Bhd delivers higher FY25 earnings of RM55.74mil
Malaysia's Jan exports jump 19.6% as E&E demand climbs
Nestle Malaysia rises on ice cream business sale talk
Stocks dip and oil climbs as Trump ramps up Iran threats
Ringgit opens higher vs US$ amid geopolitical tensions
FBM KLCI lift slightly amid higher crude oil prices
Trading ideas: Nestle, MISC, IHH, Atlan, FBG, Bina Puri, Jentayu, Cape EMS
Nestle to explore sale of ice cream business

Others Also Read