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Deputy Prime Minister and Acting Prime Minister Pham Gia Tuoc met Laurent Cohu, Vice Chairman of Qair International (France), at the Government Headquarters on the afternoon of June 9 to discuss the company’s renewable energy investments, with a focus on offshore wind.
The Deputy PM noted that Qair International has invested in the Cat Hiep Solar Plant in Gia Lai with a capacity of 50 MW. The group is also studying offshore and nearshore wind opportunities in Vietnam, including a nearshore wind farm near Phu Loc Tho in Quang Tri with about 700 MW, as well as the Rach Goc wind project in Ca Mau.
Mr. Cohu said the company wants to expand investment and cooperation in offshore wind, share experience, and participate in developing integrated energy complexes that include offshore wind, hydrogen production, and energy storage systems. He said these efforts are intended to contribute to Vietnam’s energy development goals.
The meeting also highlighted Vietnam’s expectation of continued rising energy demand in the near term to support double-digit growth and to develop data centers, promote science and technology, innovation, and digital transformation, while shifting from fossil fuels to renewable energy.
The Deputy PM said the group’s proposals align with Vietnam’s energy development direction and the adjustments to Power Planning VIII. He noted that offshore wind is a new field for Vietnam, and the country will continue completing institutions, standards, technical regulations, and legal provisions. The government will push administrative reform, create a favorable investment environment, and develop standards and regulations in line with international practices and Vietnam’s conditions.
Vietnam will prioritize facilitating enterprises with technology, credibility, financial strength, and long-term commitments to offshore wind. The Deputy PM also reaffirmed that Vietnam’s success is the country’s success and urged Qair International to continue working with relevant ministries, agencies, and localities to finalize proposals.
For offshore wind projects in the 2026–2030 period, Vietnam has a special mechanism to streamline procedures to accelerate zone surveys, investor selection, and project deployment for qualified firms. The group’s proposals will be studied and handled by competent authorities, while issues beyond their authority will be reported to higher authorities.
A Global Market Insights report cited in the meeting materials said the offshore wind market was valued at $76.9 billion in 2025, with projections to reach $109 billion in 2026 and $307.5 billion by 2035, representing a CAGR of 12.2%.