Hanoi, April 12, 2025 - HDF Energy, leading developer of large-scale hydrogen infrastructure and manufacturer of high-power fuel cells, has signed a Memorandum of Understanding (MoU) with the Academy of Construction Strategy and Cadres Training (ACST), an affiliate of the Ministry of Construction of Vietnam. This agreement aims to foster the development of green hydrogen technologies in order to decarbonize heavy rail and maritime mobility in Vietnam . The MoU was signed during a formal ceremony in Hanoi, held in conjunction with the official visit of the French Minister Delegate for Foreign Trade, Lauren Saint-Martin, and was attended by distinguished representatives from the Ministries, State-Owned Enterprises and private sector entities.

Over the past decade, Vietnam has experienced rapid economic and industrial growth, leading to a substantial increase in transportation demand across all sectors, including road, rail, maritime, and aviation. The transport sector is currently one of the largest contributors to the country's greenhouse gas emissions, with a heavy reliance on fossil fuels such as diesel and gasoline. Recognizing the urgent need for decarbonization, Vietnam is taking bold and strategic steps to transition toward a cleaner, more efficient transport system. With a focus on green infrastructure investment, including electrification and emerging technologies like green hydrogen, the country is working to align its transport development with its ambitious national goal of achieving net-zero emissions by 2050.

The collaboration between HDF Energy and the ACST, an affiliate of the Ministry of Construction of Vietnam, aims to position hydrogen as a key pillar of this sustainable transport reform, by supporting policy research, pilot projects, projects implementation and infrastructure planning.

Both partners will focus on advancing the research and development of green hydrogen applications in heavy rail and maritime transport, with the goal of reducing greenhouse gas emissions across these critical sectors. In the railway sector, the partners will focus on retrofitting diesel-powered into to zero-emission hydrogen-powered locomotives by implementing HDF's high-power fuel cells. In the maritime sector, the partners will focus on retrofiting diesel ferries with green hydrogen-powered propulsion systems including HDF's fuel cells.

The MoU was officially signed by Ms. Nguyen Thi Phuong Hien, Deputy Director of the Academy of Construction Strategy and Cadres Training, and Mr. Mathieu Geze, Director for APAC at HDF Energy, in the presence of Mr. Le Van Dat, Deputy Director of the Academy, Mr. Nguyen Vu Phuong, Deputy Director of the Academy, and Ms. Chu Thi Yen, Deputy Director of the Institute of International Cooperation.

Speaking at the MoU signing ceremony, Ms. Nguyen Thi Phuong Hien, Deputy Director of the Academy of Construction Strategy and Cadres Training expressed enthusiasm about the partnership, stating: “This agreement not only marks a significant milestone in advancing green energy development in Vietnam, but also demonstrates the strong commitment of both parties to reducing greenhouse gas emissions and promoting sustainability in the transportation sector. It also serves as a testament to the spirit of cooperation and shared determination between Vietnam and France in striving toward a sustainable future.”

Mathieu Geze, HDF Energy's Director for APAC, emphasized “We are thrilled to announce our partnership with Academy of Construction Strategy and Cadres Training, Ministry of Transportation, Vietnam. This collaboration represents a significant step towards sustainable energy solutions for the country's rail and maritime transport, leveraging Ministry of Construction's strategic advantages to drive innovation and environmental stewardship in the hydrogen sector.” 

ABOUT ACADEMY OF CONSTRUCTION STRATEGY AND CADRES TRAINING

The Academy of Construction Strategy and Cadres Training is a key institution under the Ministry of Construction of Vietnam, specializing in strategic research, policy advisory, and high-level human resource development for the construction and infrastructure sectors. With decades of experience in national planning and training, the Academy plays an essential role in shaping Vietnam's long-term development vision, particularly in urbanization, sustainable infrastructure, and green innovation.

In recent years, the Academy has expanded its focus to include climate-resilient infrastructure, low-carbon development, and sustainable transportation systems, in line with the country's net zero goals. By integrating scientific research, international cooperation, and practical training, the Academy serves as a bridge between policy, academia, and industry-supporting Vietnam's transition to a greener, more inclusive, and innovation-driven economy.

With a growing emphasis on cross-sector collaboration and global best practices, the Academy continues to lead strategic initiatives that contribute to national policy, while building capacity for future leaders in infrastructure planning and environmental stewardship.

More information, visit: moc.gov.vn

ABOUT HYDROGÈNE DE FRANCE (HDF Energy)

HDF Energy is a leading global player in the hydrogen industry, dedicated to developing large-scale hydrogen infrastructure and advanced multi-megawatt fuel cell technology.

These fuel cells generate electricity from hydrogen, driving the decarbonization efforts across the power generation, heavy maritime and rail mobility sectors. Set to commence mass production in 2025 at HDF Energy's facility near Bordeaux, these fuel cells serve as the cornerstone of the power plants and heavy mobility solutions developed by HDF Energy.

HDF Energy's Renewstable® power plants deliver non-intermittent renewable, stable and baseload power by seamlessly integrating intermittent renewable energy sources with substantial on-site energy storage in the form of green hydrogen. HDF Energy is also developing extensive infrastructure for the mass production of carbon-free hydrogen.

Backed by a team of over 150 hydrogen experts boasting more than a decade of operational experience across the value chain, HDF Energy is currently developing a portfolio of advanced projects valued at over €3 billion.

Headquartered in France, HDF Energy has regional offices in Latin America, the Caribbean, Africa, and the Asia-Pacific region with 35+ nationalities among its staff. Since 2021, the Group has been listed on the Euronext Paris stock market.

More information, visit: www.hdf-energy.com

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