Hero Future Energies (HFE), based in India, has signed a Memorandum of Understanding (MoU) with the Binh Dinh Provincial Department of Finance in Vietnam to explore the development of a $200 million green hydrogen project. Announced during the 2025 Binh Dinh Investment Promotion Conference on March 28, which was attended by Vietnam’s Deputy Prime Minister Nguyễn Chí Dũng, the project aims to position Binh Dinh as a hydrogen export and industrial hub.
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