Why did Japan withdraw from Vietnam's nuclear project?

Japan withdrew because the government's target of having the plant online by 2035 was considered too ambitious.

What is Vietnam's Prime Minister Pham Minh Chinh's goal for nuclear power?

Prime Minister Chinh wants to finalize talks with Russia this month and find new partners for a second project, aiming for two plants online after 2031.

Why is Vietnam pursuing nuclear power?

Vietnam is pursuing nuclear power to meet increasing energy demands from its industrial sector and growing population, and to diversify its energy sources.

Home / Business and Economy / Vietnam Seeks Russian Nuclear Talks, Eyes New Partners After Japan Exit

Vietnam Seeks Russian Nuclear Talks, Eyes New Partners After Japan Exit

8 Jan

•

Summary

Vietnam's PM wants Russia nuclear plant talks finished this month.
Japan has withdrawn from a second planned nuclear power project.
Prime Minister urges officials to find new partners for nuclear energy.

Vietnam Seeks Russian Nuclear Talks, Eyes New Partners After Japan Exit

Vietnam's Prime Minister Pham Minh Chinh has set a deadline for January to conclude negotiations with Russia regarding the construction of a nuclear power plant. This initiative aims to accelerate Vietnam's nuclear energy program, which was previously halted in 2016. The Prime Minister emphasized the need for decisive action to overcome obstacles and dependency on foreign partners.

Following Japan's withdrawal from a second major nuclear power project due to ambitious timelines, Chinh instructed officials to actively seek new international collaborators. The government aims to have two nuclear power plants operational after the year 2031, addressing growing energy demands driven by industrial expansion and a rising middle class.