To alleviate energy shortages and promote the transition to clean energy, Vietnam is accelerating negotiations on nuclear energy cooperation with the Russian State Atomic Energy Corporation, striving to sign an investment agreement in August this year. According to the latest plan, the first nuclear power plant in Nanshun Province, Vietnam is scheduled to be put into operation in 2031, marking a crucial step in the country's nuclear power development.

The project schedule is tight

Vietnam plans to build its first nuclear power plant in Nam Thuan Province, with the goal of putting it into operation by the end of 2031; The second nuclear power plant is expected to be built between 2036 and 2040. According to Bloomberg, the current negotiation progress is lagging behind and has not met the expected requirements of the Vietnamese government.

Project planning details

The Vietnamese government's official website released a statement requesting relevant departments to "urgently organize negotiations" to promote the signing of an investment cooperation agreement with the Russian State Atomic Energy Corporation. According to the plan, Ninh Thuan Province in Vietnam will construct two nuclear power plants, each containing two units with a total installed capacity of 4000MW. The project was first proposed in 2009, but was rejected by the Vietnamese parliament in 2016 due to cost issues.

National Energy Strategy Adjustment

In April 2025, the Vietnamese government approved the revised version of the National Electricity Development Plan, which explicitly includes nuclear power in the energy structure and plans to put the first batch of nuclear power plants into operation between 2030 and 2035. The total investment of this plan is 136 billion US dollars (approximately 119 billion euros), aimed at ensuring long-term energy security. Vietnam plans to achieve a nuclear power installed capacity of 4-6.4GW (equivalent to 4-6 large nuclear power plants) by 2035 and add 8GW nuclear power units by 2050 to reduce dependence on fossil fuels. (This article is from the official website of Jian Dao www.seetao.com. Reproduction without permission is prohibited, otherwise it will be prosecuted. Please indicate Jian Dao website+original link when reprinting.) Jian Dao website Southeast Asia column editor/Yang Beihua