NMDC, Vingroup to develop offshore wind in Vietnam

Other renewable energy sources will also be developed.

NMDC Group and Vingroup have signed a memorandum of understanding that covers strategic partnerships in various areas, including the development of offshore wind in Vietnam.

In a social media post, NMDC said other renewable energy technologies will also be developed in the country under the agreement.

The two parties will also collaborate on large-scale coastal protection, and land reclamation, deploying advanced marine engineering solutions to promote environmental sustainability and enhance long-term coastal resilience.