October 1, 2022
  • October 1, 2022

U.S. and Vietnam continue cooperation on energy security

By on August 11, 2022 0

The text of the following statement was released by the Governments of the United States of America and the Socialist Republic of Vietnam at the conclusion of the Fourth United States-Vietnam Energy Security Dialogue.

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Delegations from Vietnam and the United States gathered in Washington, D.C. for the fourth annual U.S.-Vietnam Energy Security Dialogue July 26-28. Vietnamese Vice Minister of Industry and Commerce Dang Hoang An and senior official of the State Department’s Bureau of Energy Resources (ENR) Harry Kamian led the delegations.

Delegations discussed key areas for further bilateral clean energy cooperation, such as electricity market development; energy conservation and efficiency; transmission; energy storage; and the steps needed for an energy transition that will reach net zero emissions by 2050.

Vietnam and the United States discussed the future of advanced clean energy technologies such as offshore wind, nuclear, hydrogen, electric vehicles and battery energy storage, as well as Vietnam’s review of the role of liquefied natural gas. Delegations welcomed the participation of private sector representatives from CLASP, the American Council for an Energy-Efficient Economy and the Regional Greenhouse Gas Initiative.

ENR’s Energy Sector Program highlighted ongoing technical and regulatory commitments in support of the Japan-US-Mekong Energy Partnership. In addition, ENR invited Vietnam to two study tours on the electricity market and renewable energies in the United States. The tours will take place later this year and will be led by the National Association of Regulatory Utility Commissioners and the US Energy Association, with participation from other partners. Representatives from Dominion Energy shared valuable information with the delegations about the company’s experience in offshore wind development in the United States. ENR also highlighted AES Corporation’s intention to pursue the development of offshore wind in Vietnam, another reflection of the growing commercial ties between the United States and Vietnam in the clean energy sector.

The United States Trade and Development Agency (USTDA) announced a grant to the National Power Transmission Corporation of Vietnam (NPT) for technical assistance to advance the deployment of smart grid technologies in Vietnam. NPT has selected Connecticut-based Actionable Strategies LLC to provide the support.

Also during the visit, on July 26, Vice Minister An chaired a roundtable on sustainable energy development organized by the US-ASEAN Business Council.

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