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Vietnam Plans Nuclear Power Partner by Q3

Summary

  • Vietnam will select a foreign partner for its second nuclear power plant.
  • The selection process is scheduled to conclude in the third quarter.
  • Nuclear power is planned to contribute to Vietnam's energy mix by 2035.

Vietnam is actively seeking a foreign partner for the development of its second nuclear power plant, with a decision anticipated in the third quarter. The Ministry of Industry and Trade confirmed this timeline.

This initiative underscores Vietnam's commitment to enhancing its energy infrastructure. The Southeast Asian nation aims to significantly increase its power generation capabilities to fuel its fast-growing economy.

Nuclear power is slated to play an integral role in Vietnam's energy strategy, with expectations for it to be incorporated into the national energy mix by the year 2035.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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