Vietnam’s government announced on Tuesday that it plans to sign an agreement with Russia in August to build the country’s first nuclear power plant.
Vietnam’s government said on Tuesday it aims to finalise an agreement with its Russian counterpart this August to construct the Southeast Asian nation’s first nuclear power plant.
According to a government statement, site clearance for the plant - located in Ninh Thuan province - is expected to be completed by the end of this year.
The announcement marks a major step in Vietnam’s renewed efforts to develop nuclear energy. The country had suspended its original nuclear plans nearly a decade ago, but is now reviving the project to help meet rising electricity demand driven by its rapidly growing economy.
Vietnam previously outlined targets to bring its first nuclear power plants online between 2030 and 2035, with a combined capacity of up to 6.4 gigawatts.
The government also said on Tuesday it has instructed the finance ministry, central bank, state energy company Petrovietnam, and utility provider EVN to coordinate with relevant parties to arrange financing for the project.
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Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 3rd of September, covering the latest developments.
U.S. negotiators Steve Witkoff and Jared Kushner will visit Russia then Ukraine over the weekend, Russian state news agency TASS has reported, citing an unnamed source. Ukrainian President Volodymyr Zelenskyy has also said American envoys will visit the capitals of both countries.
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U.S. negotiators Steve Witkoff and Jared Kushner will visit Russia then Ukraine over the weekend, Russian state news agency TASS has reported, citing an unnamed source. Ukrainian President Volodymyr Zelenskyy has also said American envoys will visit the capitals of both countries.
Southern Chinese provinces were bracing for more torrential rain on Friday after Typhoon Saudel triggered severe flooding, swamping vehicles, collapsing at least one building and forcing mass evacuations.
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Pacific Island leaders expressed concern about China's Pacific missile test at their annual summit, though Nauru formally dissented, in a meeting largely overshadowed by Beijing's objections to Taiwan's presence.
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