Vietnam, Russia to build US$350 million nuclear research center
In the early 2000s, Vietnam planned to carry out nuclear power projects with Russian involvement, which were expected to begin construction in the Vietnamese central province of Ninh Thuan.
Vietnam and Russia have agreed to build a nuclear technology research center worth US$350 million, during the visit to Hanoi on November 18-19 by Russian Prime Minister Dmitry Medvedev.
Vietnamese Prime Minister Nguyen Xuan Phuc and his Russian counterpart on November 19 witnessed the exchange of decisions on the center construction.
In the early 2000s, Vietnam eyed nuclear power projects with Russian involvement, which were expected to begin construction in the Vietnamese central province of Ninh Thuan. In 2011, the Russian government pledged to lend Vietnam US$8-US$9 billion for the construction of the power plants.
In November 2016, the Vietnamese National Assembly cancelled the nuclear power projects over the concerns of rising public debt, and priority given to other key programs like the north-south express railway, urban railways, coastal infrastructure, and airports. The Vietnamese government affirmed that construction technologies or safety were not among reasons for the halt of the nuclear power projects.
At the working session in Hanoi, the two leaders reached a consensus to boost cooperation in energy, industry, transport, agriculture, IT, digital technologies, and e-government, affirming that oil and gas industry is one of key pillars in the cooperation.
Vietnamese PM Nguyen Xuan Phuc (right, back) and his Russian counterpart in Hanoi on November 19. Photo: Chinhphu.vn
|
In the early 2000s, Vietnam eyed nuclear power projects with Russian involvement, which were expected to begin construction in the Vietnamese central province of Ninh Thuan. In 2011, the Russian government pledged to lend Vietnam US$8-US$9 billion for the construction of the power plants.
In November 2016, the Vietnamese National Assembly cancelled the nuclear power projects over the concerns of rising public debt, and priority given to other key programs like the north-south express railway, urban railways, coastal infrastructure, and airports. The Vietnamese government affirmed that construction technologies or safety were not among reasons for the halt of the nuclear power projects.
At the working session in Hanoi, the two leaders reached a consensus to boost cooperation in energy, industry, transport, agriculture, IT, digital technologies, and e-government, affirming that oil and gas industry is one of key pillars in the cooperation.
20:47, 2025/01/22
Vietnam news in brief - January 22
Stay up to date with the latest news from The Hanoi Times.
20:53, 2025/01/21
Vietnam news in brief - January 21
Read The Hanoi Times for more updates about Vietnam and its capital.
08:58, 2025/01/21
Vietnamese leaders congratulate President Donald Trump on inauguration day
Vietnamese leaders expressed confidence that, under Trump's leadership, the partnership would continue to grow based on mutual respect for independence, sovereignty, and political systems.
23:10, 2025/01/20
Vietnam, Czech Republic issue Joint Statement on elevating ties to Strategic Partnership
Prime Minister Pham Minh Chinh and Prime Minister of the Czech Republic Petr Fiala have issued a Joint Statement, upgrading Vietnam-Czechia relations to a Strategic Partnership during the Vietnamese Prime Minister's official visit to the Czech Republic, from January 18 to 20.
21:52, 2025/01/20
Vietnam news in brief - January 20
Read The Hanoi Times news in brief to get the latest updates on the country.
06:05, 2025/01/20
President calls for overseas Vietnamese to join hands in nation-building efforts
The president said Vietnam will strengthen efforts to promote patriotism, fulfill aspirations, preserve the Vietnamese language, and uphold the nation’s cultural heritage among overseas Vietnamese.
- General Secretary acknowledges overseas Vietnamese’ contributions
- Vietnam news in brief - January 19
- Homeland Spring 2025: Overseas Vietnamese explore investment opportunities
- PM calls for Polish businesses to seize opportunities in Vietnam’s market
- Vietnam news in brief - January 17
- Vietnam to have five international tech giants by 2030: General Secretary