Rosatom may build 2,400 MW NPP in Vietnam - statement

MOSCOW. March 23 (Interfax) - An intergovernmental agreement signed between Russia and Vietnam on Monday provides for the construction of a 2,400 MW Ninh Thuan-1 nuclear power plant in Vietnam, Russia's Rosatom state atomic energy corporation said in a statement.

The agreement regulates the terms and key areas of cooperation between the parties in implementing the project, the statement said.

The document sets up the necessary legal framework for the plant's construction and will determine the course of Russian-Vietnamese nuclear cooperation for decades to come, Rosatom said.

The Leningradskaya NPP-2 (power units No. 1 and No. 2) has been selected as the reference project, it said.

It was reported in May 2025 that Rosatom was willing to offer to build two VVER-1200 nuclear power units in Vietnam. The parties then agreed to sign an intergovernmental agreement within a short timeframe on building a nuclear power plant in the country.

Rosatom also signed a roadmap at the time for the development of a civilian nuclear power industry in Vietnam in the period up to 2030. As Rosatom CEO Alexei Likhachev said previously, Vietnam had decided to reopen the Ninh Thuan-1 NPP project, which it had suspended in 2016.

Following talks between Russian Prime Minister Mikhail Mishustin and Vietnamese Prime Minister Pham Minh Chinh in March 2026, Russia and Vietnam signed an intergovernmental agreement on the construction of Vietnam's first nuclear power plant.