Vietnam considers nuclear power revival for energy security
17 September 2024
Vietnam is considering the revival of its nuclear power development plans to bolster national energy security and support economic growth, according to a government document reviewed by Reuters.
The country, which depends heavily on coal for power generation, aims to enhance cleaner energy production to achieve its net zero target by 2050.
According to the document, the Ministry of Industry and Trade is to conduct research on the nuclear power development experience of other countries and make a proposal to develop nuclear power in Vietnam.
The document states that Vietnam has a target of raising its power generation capacity by between 12% and 15% a year to “ensure national energy security… and support an annual economic growth of 7%.”
The proposal for nuclear power development will be presented to the Politburo, Vietnam’s top decision-making body, for consideration.
In 2009, Vietnam approved the construction of its first two nuclear power plants, expected to have a combined capacity of 4GW.
Related
-
Malaysian utility launches rebate program for residential PV
24 September 2025
-
Philippines updates net-metering rules to ease adoption for 17,000 users
16 September 2025
-
Brazil solar curtailment hits 20% as renewables strain grid infrastructure
13 September 2025
-
Hyundai Rotem keen on developing high-speed railways in Vietnam
12 September 2025
-
Hanoi approved plan to build the fifth metro line
12 September 2025
-
Vingroup to develop 20 GW of renewable energy in central Vietnam
10 September 2025