Log in
Business

Vietnam capable of running nuclear power plants

Hanoi Times - Vietnam is capable of operating nuclear power plants, and the plan to run its first nuclear reactor in 2020 is of great significance in the situation of power shortage. The Vice Chairman of the NA’s Committee for Science, Technology and Environment, Nguyen Dang Vang, made the statement regarding the controversial issue while meeting with the press o­n the sidelines of the o­ngoing NA session in Hanoi .

Hanoi Times - Vietnam is capable of operating nuclear power plants, and the plan to run its first nuclear reactor in 2020 is of great significance in the situation of power shortage.

The Vice Chairman of the NA’s Committee for Science, Technology and Environment, Nguyen Dang Vang, made the statement regarding the controversial issue while meeting with the press o­n the sidelines of the o­ngoing NA session in Hanoi .

He said the country’s energy demand sees an annual growth rate of 17 percent while the energy production annually increases by o­nly 13-14 percent, adding that some 32 months are enough for Vietnam to prepare personnel for the industry.
As Vietnam is facing insufficiency of hydro-electric and thermo-electric sources, the nuclear power solution will supply power at a low cost, equal to 60-65 percent as compared with other solutions, with limited impacts o­n the environment.
According to a draft prepared by the Ministry of Industry and Trade to be submitted to the NA, Vietnam will build two nuclear power plants in the central coastal province of Ninh Thuan, with four 1,000 MW nuclear reactors.
It is expected that the first reactor will be put into operation in 2020 to meet 1 percent of the total national consumption. o­nce completed, the two plants will be able to contribute an increasing power volume, satisfying from 6 percent by 2030 to 20-25 percent of the national demand by 2050.
Many nuclear power experts supported the project, seeing it proper in the context that the world is facing energy crisis and help reduce exhaust fumes.
However, experts also recommended attention to issues of personnel training, nuclear waste treatment, environmental protection and radiation safety.
Prof. Pham Duy Hien, former director of the Vietnam Nuclear Energy Institute, suggested the operation of o­ne reactor to withdraw practical experiences for further developing personnel, infrastructure, and laws for the nuclear energy industry.
Sharing Hien’s view, Prof. Chu Hao, former Deputy Minister of Science and Technology, also underlined the importance for nuclear power production in Vietnam though it required time to improve personnel, technology and management capacity.
To meet the demands of human resource for the industry, the Ministry of Education and Training will start enrolling students as from 2009. The ministry has set to work o­n the project and chose universities for nuclear electricity training.
The Ministry of Industry and Trade predicts Vietnam will need about 294 billion kWh by 2020 and 562 billion kWh by 2030, while primary sources are estimated to be capable of producing o­nly 230 billion kWh, and 293 billion kWh by the time

Reactions:
Share:
Trending
Most Viewed
Vietnam honors 50 transparent listed companies as stock market reaches new milestones

Vietnam honors 50 transparent listed companies as stock market reaches new milestones

Vietnam honored 50 listed companies for excellence in transparency at the 2025 Vietnam Listed Company Awards, which spotlighted standout annual reports, corporate governance and sustainability disclosures amid rising foreign investor interest and growing alignment with international reporting standards.

Vietnam to tighten biometric authentication for new bank cards next year

Vietnam to tighten biometric authentication for new bank cards next year

Bank card issuers must conduct a face-to-face meeting and match the biometric data of individual customers or the legal representative of organizational customers with their identity documents.

Make in Vietnam forum spotlights breakthroughs shaping digital future in the country

Make in Vietnam forum spotlights breakthroughs shaping digital future in the country

Vietnam will host the seventh National Forum on Vietnamese Digital Technology Enterprises on December 25 in Hanoi, highlighting policy directions, strategic technologies and progress under the “Make in Vietnam” initiative as the country pushes toward a stronger digital economy.

Hanoi and Moscow seek new economic momentum as partnership marks 75 years

Hanoi and Moscow seek new economic momentum as partnership marks 75 years

At the Moscow–Hanoi Business Forum, leaders from both capitals said 75 years of Vietnam–Russia ties provide a strong foundation to deepen economic and investment cooperation, especially in technology, trade and urban development.

Vietnam manufacturing maintains strong momentum despite storms disrupting supply chains

Vietnam manufacturing maintains strong momentum despite storms disrupting supply chains

Vietnam’s manufacturing sector continued to expand in November, marking the fifth straight month of improvement, even as severe storms caused supply-chain delays and slowed production, according to S&P Global.

Techfest 2025 returns to Hanoi, spotlighting Vietnam’s vibrant startup community

Techfest 2025 returns to Hanoi, spotlighting Vietnam’s vibrant startup community

Hanoi’s Hoan Kiem pedestrian street will host Techfest Vietnam 2025 from December 12 to December 14, welcoming entrepreneurs, investors and the public to explore emerging technologies and celebrate the country’s growing culture of innovation.

Vietnam expands major entrepreneurship program to unlock opportunities for women nationwide

Vietnam expands major entrepreneurship program to unlock opportunities for women nationwide

The Vietnam Women’s Entrepreneurship Support Program has surpassed nearly every target set for 2017–2025, empowering more than 118,000 women to launch new ventures and laying the groundwork for a stronger, more inclusive entrepreneurial ecosystem in the next decade.

HHTIP accompanies businesses in efficient energy use for sustainability

HHTIP accompanies businesses in efficient energy use for sustainability

As green transition becomes a decisive factor shaping future growth, Hanoi is intensifying efforts to push energy efficiency across its industrial zones. The city’s management board is building a development model centered on clean energy, responsible production and sustainable operations.