Vietnam pushes to build nuclear reactors

Nuclear powerVietnam, the country with the most ambitious nuclear power programme in Southeast Asia aiming to build no less than ten nuclear power plants by 2030, on September 9 has inked an agreement with South Korea for nuclear power development.

A statement said that “the two sides shared an understanding that sharing South Korea’s nuclear power development experiences and technologies would contribute to fostering Vietnam’s nuclear power industry,” and that “the two sides agreed to continue to cooperate for nuclear power development in Vietnam.”

The agreement brightens the prospects of Korean firms winning nuclear power plant contracts after Samsung, one of the companies with a nuclear power division,  has already been studying possible locations for power generation facilities.

South Korea hopes to take at least part in the construction of two of the ten planned reactors in Vietnam, producing some 1,000 megawatts each. The two-reactor projects are worth about $10 billion.

Russia, Japan, China, the US and Europe are also vying for participation. Atomstroyexport, Westinghouse, EdF, Kepco and China Guangdong Nuclear Power Group all expressed strong interest in supplying Vietnamese nuclear power plants.

Nukes in Vietnam

Source: World Nuclear Association

 



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Vietnam, the country with the most ambitious nuclear power programme in Southeast Asia aiming to build no less than ten nuclear power plants by 2030, on September 9 has inked an agreement with South Korea for nuclear power development. A statement said that "the two sides shared an understanding that sharing South Korea's nuclear power development experiences and technologies would contribute to fostering Vietnam's nuclear power industry," and that "the two sides agreed to continue to cooperate for nuclear power development in Vietnam." The agreement brightens the prospects of Korean firms winning nuclear power plant contracts after Samsung, one of...

Nuclear powerVietnam, the country with the most ambitious nuclear power programme in Southeast Asia aiming to build no less than ten nuclear power plants by 2030, on September 9 has inked an agreement with South Korea for nuclear power development.

A statement said that “the two sides shared an understanding that sharing South Korea’s nuclear power development experiences and technologies would contribute to fostering Vietnam’s nuclear power industry,” and that “the two sides agreed to continue to cooperate for nuclear power development in Vietnam.”

The agreement brightens the prospects of Korean firms winning nuclear power plant contracts after Samsung, one of the companies with a nuclear power division,  has already been studying possible locations for power generation facilities.

South Korea hopes to take at least part in the construction of two of the ten planned reactors in Vietnam, producing some 1,000 megawatts each. The two-reactor projects are worth about $10 billion.

Russia, Japan, China, the US and Europe are also vying for participation. Atomstroyexport, Westinghouse, EdF, Kepco and China Guangdong Nuclear Power Group all expressed strong interest in supplying Vietnamese nuclear power plants.

Nukes in Vietnam

Source: World Nuclear Association

 



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

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Donation Total: $10.00

 

 

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