Signing of the Vietnam–Germany Joint declaration on Energy partnership

Vice President Vo Thi Anh Xuan witnessed the signing of the Joint Declaration establishing the Vietnam–Germany Energy Partnership on July 3, 2025, by Deputy Minister of Industry and Trade Nguyen Hoang Long and State Secretary of the German Federal Ministry for Economic Affairs and Energy, Stefan Rouenhoff.

The Joint Declaration is an important document that officially elevates Vietnam–Germany energy cooperation to the level of an Energy Partnership. This document establishes a comprehensive cooperation framework aimed at promoting energy transition, reducing emissions towards carbon neutrality, strengthening energy security, and expanding business-to-business collaboration. The priority areas include:

1. Improvement of energy policy frameworks.

2. Development of renewable energy sources (including offshore wind, solar power, and green hydrogen).

3. Digitalization of the power sector.

4. Enhancement of energy efficiency.

5. Modernization of the power grid.

6. Support for decarbonization in hard-to-abate sectors.

The Energy Partnership will be implemented through an annual High-Level Steering Committee, technical working groups, and the promotion of training, research, and business engagement. This framework aims to deepen bilateral energy cooperation and contribute to the Sustainable Development Goals.

Bilateral meeting between the Ministry of Industry and Trade of Vietnam and the Federal Ministry for Economic Affairs and Energy of Germany.

Immediately following the signing of the Joint Declaration, the Ministry of Industry and Trade of Vietnam and BMWK held a bilateral meeting to review the state of trade, industry, and energy relations between the two countries. Both sides acknowledged that the partnership is developing positively, with significant potential for expansion in the context of the green transition. Germany is currently Vietnam's second-largest trading partner in Europe and serves as a key gateway for Vietnamese goods to access the EU market, aligning with Germany’s strategy of supply chain diversification.

"The Ministry of Industry and Trade shared Vietnam’s long-term energy development vision under Power Development Plan VIII (PDP8), which sets the target for renewable energy to account for 47–53% of total installed capacity by 2030. This includes 46–73 GW of solar power and 32–55 GW of wind power, with offshore wind reaching 6 GW by 2030 and 17 GW by 2035. Vietnam expressed its desire to deepen cooperation with Germany in key areas such as green hydrogen, workforce training, and the development of a Vietnam–Germany energy ecosystem, with active participation from small and medium-sized enterprises (SMEs) of both countries.

BMWK affirmed that the EU–Vietnam Free Trade Agreement (EVFTA) has contributed to elevating bilateral trade relations and pledged to coordinate its effective implementation, while also supporting the early completion of the agreement. Both sides agreed to strengthen cooperation in human resource training, particularly in the energy sector, and reached a consensus to hold the third session of the Vietnam–Germany Joint Committee on Economic Cooperation in Vietnam by the end of 2025.

Roundtable on Germany’s Support for the Development of Renewable Energy Hubs in Vietnam.

Also in Berlin, the Ministry of Industry and Trade of Vietnam, in collaboration with the German Development Cooperation Organization (GIZ), organized a roundtable on supporting the development of renewable energy hubs in Vietnam. The event was attended by energy companies such as Enertrag, Enercon, RENAC, Neuman & Esser, GEO, and WPD. During the discussion, German enterprises shared updates on project progress, outlined future cooperation directions, and proposed solutions to address existing challenges and obstacles.

The Ministry of Industry and Trade shared Vietnam’s vision for renewable energy development and reaffirmed its commitment to supporting cooperation in this sector. It also addressed proposals from German enterprises and discussed the potential establishment of renewable energy hubs in Vietnam with the involvement of German partners shortly.