Song Hau Offshore Wind Power JSC has proposed a 20-gigawatt offshore wind project in southern Vietnam. The venture estimates the total investment for the massive farm will reach $57.05 billion. The company submitted a formal request to conduct research and surveys off the coast of Can Tho city.
Hoa Phat Group established Song Hau Offshore Wind Power JSC in June 2026. Hoa Phat Group maintains a 30% stake in the newly formed entity. Chairman Tran Dinh Long personally holds an additional 20% stake in the venture.
The project represents one of the largest renewable energy developments ever proposed in Vietnam. Development will occur in two distinct phases. The first 10,000 MW phase targets completion by 2030. The second 10,000 MW phase aims for completion before 2035.