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Vietnam Can’t Beat China With the Lights Out

The world’s attempts to reduce its reliance on China’s juggernaut manufacturing sector depend to an outsized extent on just one country: Vietnam. The nation’s efforts to meet those expectations, in turn, may come down to the fate of a handful of mothballed wind farms. With energy costs soaring, the

Vietnam Can’t Beat China With the Lights Out

The world’s attempts to reduce its reliance on China’s juggernaut manufacturing sector depend to an outsized extent on just one country: Vietnam. The nation’s efforts to meet those expectations, in turn, may come down to the fate of a handful of mothballed wind farms. With energy costs soaring, the government is warning of blackouts looming as soon as next year. A fix is long overdue.

Geopolitics Bloomberg Sep 24, 2026

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