US EditionVietnam, Russia agree to quickly sign nuclear power plant deal
- Vietnam and Russia agreed on May 11, 2025, to quickly negotiate and sign deals for building nuclear power plants in Vietnam.
- Vietnam has revived its nuclear power development plans, which had been on hold for almost ten years, to expand its electricity generation capacity and support rapid economic growth.
- The joint statement also outlined cooperation on oil and gas, including Russian crude oil and LNG exports to Vietnam and mutual expansion of energy companies.
- The first nuclear plants are expected between 2030 and 2035, with up to 6.4 GW capacity and technology compliant with nuclear safety regulations.
- This agreement marks an effort to advance Vietnam's socio-economic development and diversify its energy partnerships amid ongoing geopolitical tensions involving Russia.
22 Articles
22 Articles
Russian Coal Reserves to Last Five Centuries, Sees Vast Potential for Cooperation with India
Get latest articles and stories on World at LatestLY. Russia's coal reserves are enough to meet demand for more than five centuries and the country sees vast potential for cooperation with India, Russian Energy Ministry Officials here have said. World News | Russian Coal Reserves to Last Five Centuries, Sees Vast Potential for Cooperation with India.
Contract negotiations announced: Russia wants to build nuclear power plants in Vietnam
In order to satisfy the energy hunger of the growing economy, the government in Vietnam is making a turnaround in nuclear power. The know-how should come from abroad, Russia is also in the race.
Moscow, Hanoi agree to negotiate agreement to build nuclear power plants in Vietnam
Moscow and Hanoi agreed to negotiate and sign agreements to construct nuclear power plants in Vietnam, the two countries said in a joint statement on May 11."The development of the plants with advanced technology will strictly be compliant with nuclear and radiation safety regulations and for the benefit of socio-economic development," they said in the statement, Reuters reported.Vietnam and Russia have long had close relations, dating back to t…
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