Vietnam has introduced Decree No. 58/2025/ND-CP to promote renewable energy projects, particularly focusing on wind and solar power. The decree offers incentives for developers using green hydrogen or green ammonia, including fee exemptions for up to 12 years. Projects generating electricity through 100% green hydrogen or green ammonia and supplying it to the national grid can benefit from fee exemptions for maritime area use and land-related fees. The decree also emphasizes the importance of domestic participation in offshore wind projects, with requirements for Vietnamese ownership in both local and export-oriented projects. While Vietnam aims for a significant increase in offshore wind power capacity by 2030 and 2050, there have been delays in project implementation. Despite the setbacks, the government remains committed to gradually expanding renewable energy capacity in the country.