Vietnam pushes ahead with battery storage market plans
Experts meet in Hanoi as Vietnam steps up plans to build one of Southeast Asia''s largest battery storage markets.
Notably, T&T Group, a major renewable investor with a portfolio of over 2,800MW across wind, solar, and LNG-to-power projects in Vietnam, recently announced a plan to launch joint-venture battery storage products in 2026, aiming to build Vietnam into a manufacturing and technology hub for renewable energy equipment. 5
Development of domestic battery manufacturing capacity is therefore critical. Vietnam has significant nickel and cobalt reserves, making the country well poised to become a key player in the global battery supply chain with government support and international cooperation.
Connection to the Power Grid: Grid connectivity requirements for power projects in Vietnam are governed by Circular No. 05/2025/TT-BCT, issued by the MOIT. This circular sets out the technical requirements applicable to the electricity transmission and distribution systems.
Battery technology Lithium-ion batteries are the dominant type of rechargeable batteries used for BESS projects, including those currently in operation in Vietnam.
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