return icon Vietnamnet.vn

Vietnam settles amicably with Russia, Japan after canceling nuclear power project

Japan and Russia, partners with Vietnam in the Ninh Thuan nuclear power project, said they regret Vietnam’s decision to stop the project.

The government has reported the results of the implementation of the National Assembly’s Resolution on canceling the Ninh Thuan nuclear power project.

 

{keywords}



On March 30, 2017, the Ministry of Industry and Trade (MOIT) sent an official letter to Rosatom State Nuclear Energy Corporation and the Japanese Ministry of Economy, Trade and Industry (METI), about Vietnam’s decision to stop the Ninh Thuan nuclear power project.

The Ministry of Foreign Affairs (MoFA) issued a diplomatic note to the Russian and Japanese Governments about the decision by the Vietnamese Government.

In general, the Russian and Japanese sides understand Vietnam’s decision though they regret the revocation of the project. They wish to see all issues settled through negotiations and look forward for cooperation in the future.

In general, the Russian and Japanese sides understand Vietnam’s decision though they regret the revocation of the project. They wish to see all issues settled through negotiations and look forward for cooperation in the future.

As for the Russian side, the government said Russia wants to settle all existing issues via negotiations. The partner may require compensation, but this would depend on Vietnam’s decision related to the the development of the Center for Nuclear Energy Science and Technology.


The Ministry of Science and Technology (MST) and ROSATOM signed an MOU on the plan to implement the Center for Nuclear Energy Science and Technology project on June 29, 2017, during a working visit to Russia by President Tran Dai Quang.

On November 19, 2018, the Vietnamese government released Decision No 75, assigning MST to cooperate with ROSATOM to carry out the project. MST is working with Dong Nai provincial authorities on issues related to the location for the plant.

MOIT, MOFA and relevant ministries followed necessary procedures to terminate the validity of the agreement signed with Russia on the cooperation to build the nuclear power plant the Vietnamese territory in 2018.

Meanwhile, the Japanese side praised Vietnam’s goodwill and cooperation after the National Assembly passed a resolution on canceling the project.

Japanese partners require no compensation if Vietnam commits to keep the feasibility study and the location for Ninh Thuan 2 project if it resumes the nuclear power program in the future.

Regarding payment for consultancy contracts, the Electricity of Vietnam (EVN) has made payment and liquidated contracts with Russian consultants related to Ninh Thuan 1 nuclear power plant.

In 2020-2030, Vietnam will need to supplement 6,000 MW of coal- and LNG-fired power to replace 4,600 MW of planned nuclear power.

Vietnam will call for investments from different sources under the BOO and BOT modes, so that the power projects will not lead to an increase in public debts.

Linh Ha 

 

Nuclear research group gathers in Hanoi

Nuclear research group gathers in Hanoi

Representatives of member states of the Joint Institute For Nuclear Research (JINR) gathered in Hanoi on Monday to review its activities and discuss long-term plans.

As coal and water sources decline, Vietnam thinks of nuclear power again

As coal and water sources decline, Vietnam thinks of nuclear power again

Solar power is booming in Vietnam, but the output is not high enough to satisfy domestic demand.

MORE NEWS

Ancient town’s full moon festival named intangible heritage

The annual Nguyên Tiêu Festival on the 15th of lunar January in Hội An has been recognised as a National Intangible Heritage by the Ministry of Culture, Sports and Tourism.

Ha Long Bay, Mu Cang Chai among most colourful places in the world

Vietnamese destinations Ha Long Bay and the Mu Cang Chai terraced fields during the ripening season have been selected as the most colourful destination in the world in 2023 following a vote conducted by travel magazine Condé Nast Traveler.

Hailstorm poured on Fansipan peak

A hailstorm accompanied by whirlwinds slammed on Fansipan peak in Sa Pa township in the northern mountainous province of Lao Cai in the early morning of February 5, according to the provincial hydro-meterological station.

Vietnam expects to send 10,000 guest workers to RoK this year

Vietnam’s relevant agencies have stepped up training since mid-2022 in an effort to increase the number of workers sent to the Republic of Korea (RoK).

Vietnamese PM to pay official visits to Singapore, Brunei

Prime Minister Pham Minh Chinh, his spouse and a high-ranking delegation of Vietnam will pay official visits to the Republic of Singapore and Brunei Darussalam from February 8-11.

In search of internal strength

Vietnam’s economy still relies heavily on the agro-forestry-fishery sector, as the trade surplus of this group accounted for over 75% of the national figure in 2022.

VIETNAM BUSINESS NEWS FEBRUARY 5/2023

Vietnam’s airports serve more than 9.8 million passengers in January

The credit growth puzzle

The fact that banks have refrained from lending does not result from their concerns over the credit growth cap since it has already been revised up without any abrupt surge in new loans. There are other factors influencing how banks lend.

VIETNAM NEWS HEADLINES FEBRUARY 5/2023

State Audit official named as deputy minister of health

Egg coffee – the unforgettable taste of Hanoi

Coffee, enjoyed any time of the day, now comes in different variants. Of them, egg coffee in Hanoi is one of the most popular.

Transport Ministry asked to disburse huge public investment capital in 2023

The Ministry of Transport's Department of Planning and Investment Director Bui Quang Thai said the plan on disbursing VND94.14 trillion for projects with completed procedures has been determined.

Runner Chinh back on track for SEA Games

Sprinter Le Tu Chinh has been back in action after months of absence because of injury.

Women’s football season begins with two events in February

Woman footballers will take part in the National Women’s Cup to warm up for the World Cup later this year.

Multilateral diplomacy hoped to help Vietnam become modern industrial country by 2045

Deputy Minister of Foreign Affairs Do Hung Viet has highlighted the role of multilateral diplomacy in realising the dream of building Vietnam into a modern industrial country by 2045.

Vietnam faces huge inflationary pressure in 2023: expert

The demand-pull and cost-push inflation will put pressure on the country's efforts to control inflation amid surging demand and strengthening of the US dollar which yields increased import prices.
back_to_top