Vietnam, Russia sign nuclear power dealRussian Prime Minister Mikhail Mishustin, Vietnamese Prime Minister Pham Minh Chinh and Director General of Russia's State Atomic Energy Corporation Rosatom Alexei Likhachev take part in a signing ceremony of an agreement on cooperation in the construction of a nuclear power plant on the territory of Vietnam, in Moscow, Russia, on Monday. (Photo via Reuters)HANOI — Vietnam, Russia signed an agreement on the construction of the Southeast Asian nation’s first nuclear power plant as Hanoi moves to bolster energy security amid Middle East disruptions that are disrupting global fuel supplies. During the trip, Russia’s largest liquified natural gas (LNG) producer Novatek also signed a preliminary deal to supply Vietnam, news website Tass reported Monday. Vietnam had been pushing Russia to accelerate the development of the Ninh Thuan 1 nuclear power plant, which it’s seeking to have online before the end of 2031 at the latest. Vietnam and Russia have extensive energy cooperation ties going back decades, including joint ventures between PetroVietnam and Russian state-owned firms including Zarubezhneft and Gazprom.

Source: Bangkok Post March 24, 2026 05:12 UTC