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๐๐๐ฆ๐ฌ๐ฎ๐ง๐ โ๐ฌ ๐๐๐๐ ๐๐ข๐ฅ๐๐ฌ๐ญ๐จ๐ง๐ ๐๐ง๐ ๐ ๐จ๐ฑ๐๐จ๐ง๐งโ๐ฌ ๐๐๐ง๐๐ฐ๐๐๐ฅ๐ ๐๐ง๐ฏ๐๐ฌ๐ญ๐ฆ๐๐ง๐ญ ๐๐ฅ๐๐ง ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ ๐๐ข๐๐ญ๐ง๐๐ฆโ๐ฌ ๐๐ฅ๐๐๐ง ๐๐ง๐๐ซ๐ ๐ฒ ๐๐ซ๐๐ง๐ฌ๐ข๐ญ๐ข๐จ๐ง
Samsung Electronics Vietnam Thai Nguyen has become the first company in Vietnam to officially purchase renewable electricity through the Direct Power Purchase Agreement (DPPA) mechanism. Under the agreement, Samsung will purchase solar power generated from the Duc Hue 2 Solar Power Plant in Tay Ninh, which has a designed capacity of 49 MWp.
The momentum is also broadening. Foxconn, an Apple supplier and key AI server manufacturing partner for Nvidia, plans to invest in 1GW of solar and wind power in Vietnam, including battery storage and direct power purchasing arrangements, to secure stable and cost-effective energy for its local factories and suppliers.
These developments underscore the growing role of clean energy access in industrial competitiveness. As global companies place greater emphasis on security of supply, sustainability, and supply chain resilience, renewable electricity is becoming more relevant for higher-value manufacturing.
This transition is also aligned with Vietnamโs broader direction to strengthen power supply self-sufficiency by accelerating renewable energy development alongside transmission grid upgrades. This is becoming more important as Vietnam seeks to ensure sufficient and reliable electricity supply for manufacturing, particularly given rising demand from more energy-intensive industries.
Vietnamโs growth story is increasingly shaped not only by supply chain repositioning and industrial upgrading, but also by the countryโs ability to strengthen energy resilience for global manufacturers amid heightened uncertainty in global energy markets. Our recent power sector note provides further context on this transition, highlighting Vietnamโs accelerating shift toward a more resilient, non-fossil energy mix.
Read more from our latest Energy Sector Outlook here.
