In January this year, REE signed a wind turbine supply contract with Envision Energy for 128 MW of nearshore wind projects in Vinh Long Province. The new projects include the 48 MW V1-3 Phase II and 80 MW V1-5&6 Phase II nearshore wind farms. Featuring 16 EN-226/8.XMW offshore wind turbines, the two developments will become the nearshore wind projects with the largest single-turbine capacity in Vietnam and Southeast Asia, according to Envision Energy .

According to the Global Wind Energy Council (GWEC), under its revised Power Development Plan VIII, Vietnam is targeting between 6 GW and 17 GW of offshore wind capacity by the 2030–2035 period, and between 113 and 139 GW by 2050.