PRESS RELEASE
VAHC and Indel Petro Sign MoU to Promote Hydrogen, LNG Projects and Domestic Wind Supply Chain Development in Vietnam
Ho Chi Minh City, September 26, 2025 – The Vietnam ASEAN Hydrogen Club (VAHC) and Indel Petro have signed a Memorandum of Understanding (MoU) to jointly advance hydrogen, LNG, and wind turbine component manufacturing projects in Vietnam. The signing ceremony was held during the international workshop “United Hydrogen – Bringing Hydrogen into Industrialization of Vietnam and ASEAN.”
The MoU was signed by Mr. Nguyen Anh Tam, Vice Chairman of VAHC, and Dr. Pham Duc Vinh, Representative of Indel Petro.
Scope of Collaboration
Under the agreement, the two parties will:
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Promote Hydrogen and LNG Projects: collaborate to connect investors, enterprises, and regulatory bodies to accelerate project implementation.
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Develop Local Wind Component Manufacturing: build a domestic supply chain to strengthen Vietnam’s production capacity and reduce import dependency.
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Train and Upskill Workforce: Indel Petro will invest in workforce training and technology transfer, while VAHC will serve as a bridge between members, government agencies, and industry stakeholders to create favorable conditions for projects.
Strengthening the Green Supply Chain
At the signing ceremony, Mr. Nguyen Anh Tam, Vice President of VAHC, stated:
"This MoU confirms VAHC’s role in connecting stakeholders—from regulators and investors to the scientific community. Our goal is to turn project ideas into reality, making hydrogen and LNG key pillars in Vietnam’s emission reduction efforts."
Promoting a Sustainable Energy Future
The MoU is effective for five years, opening opportunities for long-term cooperation in green energy infrastructure development and supporting Vietnam in achieving its greenhouse gas reduction commitments.
About Indel Petro
Indel Petro is a multi-sector energy company that operates in traditional petroleum while pioneering renewable energy sources such as green hydrogen and LNG. The company currently manages retail fuel stations and invests in strategic projects including:
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Green hydrogen & green ammonia: Deployed at Van Phong Economic Zone using wind and solar power.
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LNG & gas-fired electricity: Developing large-scale LNG receiving terminals serving gas power plants.
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Wind power: Partnering in wind turbine production and localizing components to reduce costs.
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Infrastructure & related services: Building fuel stations, retail systems, LNG ports, providing energy logistics services, and participating in large infrastructure projects such as Ninh Co Economic Port Zone.
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Human resource development: Establishing the Renewable Energy Academy (RE Academy) to train engineers and technicians for the new energy sector.
