The commitment was made by the Singaporean government delegation during a visit to PetroVietnam Technical Services Corporation's (PTSC) facilities in the southern province of Ba Ria-Vung Tau on March 4.

Representatives from the Singaporean Embassy in Hanoi, the Singapore Consulate in Ho Chi Minh City, the Ministry of Trade and Industry, the Energy Market Authority, and PTSC's partner Sembcorp Utilities all joined the delegation.

PTSC and Sembcorp Utilities were awarded the Survey Permit and Conditional Approval to import clean electricity from Vietnam to Singapore by the authorities of the two countries at the end of 2023. The two sides are pushing implementation of additional work to successfully implement the project.

During the working visit, the Singapore government authorities witnessed modern synchronous infrastructure, facilities, and equipment in the Asia-Pacific region, invested by PTSC to serve offshore renewable energy projects around the world, including this transnational project.

This has improved Singapore authorities' confidence in the Vietnam offshore wind project jointly developed by Sembcorp Utilities and PTSC, as part of the objective to import 4GW of renewable electricity to Singapore by 2035.

PTSC and its partner Sembcorp Utilities also presented the project's implementation strategy, as well as proposed mechanisms. With the goal of commercial power generation by 2033, PTSC and its partners have laid out a specific roadmap that includes a survey, an investment plan, and the development of offshore wind farms in Vietnam to produce and export approximately 1.2GW of clean electricity from Vietnam to Singapore via high-voltage submarine cable.

Through the meeting, the authorities of the Singapore affirmed that they would continue to support PTSC and its partners during the implementation of the project, which will help Singapore soon achieve its goal of bringing net emissions to zero by 2050.

The progress made on this project is also a positive development arising from the MoU on Energy Cooperation between Vietnam and Singapore, signed in October 2022, which reaffirmed both countries' commitment to support and facilitate clean energy transition efforts and regional decarbonisation, including greater cross-border electricity trading.