Hanoi is seeking to revive its nuclear programme in order to achieve energy self-sufficiency and meet its 2050 greenhouse gas emissions goals.
Publish dateWednesday 15 January 2025 - 10:59
Story Code : 304752
Afghan Voice Agency (AVA) - Monitoring: Vietnam and Russia signed an agreement on Tuesday to increase their cooperation on nuclear energy during Russian Prime Minister Mikhail Mishustin’s two-day visit to Hanoi.
The deal was signed between Russia’s state-owned nuclear energy firm Rosatom and Vietnam’s state power utility EVN at a time when the Southeast Asian nation is seeking to revive its nuclear energy plans.
Vietnam shelved the construction of two nuclear power plants in 2016 due to rising costs and safety concerns but is now revisiting the idea to achieve energy self-sufficiency and meet its target of reducing greenhouse gas emissions by 2050.
Mishustin, who held bilateral talks with his Vietnamese counterpart Pham Minh Chinh, emphasized the strong partnership between the two nations.
“Vietnam is an important partner of Russia in Southeast Asia," Mishustin said. “Today we plan to discuss with you a comprehensive plan for cooperation between Russia and Vietnam, which runs until 2030.”
During his visit, Mishustin also met Vietnam’s Communist Party chief To Lam and National Assembly chairman Tran Thanh Man. He is scheduled to meet the Vietnamese President Luong Cuong on Wednesday.
Alexey Likhachev, Rosatom's director general, arrived in Hanoi on Monday and expressed the company’s readiness to assist Vietnam in building nuclear power plants and research centres, as well as sharing and localising Russian nuclear technology, according to Vietnamese state media.
In addition to the nuclear energy agreement, Russia agreed to provide Vietnam with a scientific research vessel for marine studies.
The visit underscores Russia's efforts to strengthen ties in Asia amid its international isolation following its full-scale invasion of Ukraine in 2022.
Mishustin’s visit follows Russian President Vladimir Putin’s trip to Hanoi in June, during which the two nations agreed to develop a roadmap for a nuclear science and technology centre in Vietnam.
Vietnam and Russia have maintained diplomatic ties since 1950, and have been close allies since the Cold War.
The influence of this long-standing relationship is evident in Vietnamese cities, where Soviet-era apartment blocks stand alongside modern skyscrapers.
Despite their historical ties, bilateral trade between Russia and Vietnam amounted to only $3.6 billion (€3.5 billion) in 2023, a stark contrast to Vietnam’s trade volumes with China, which totalled $171 billion (€167 billion), and the US, which reached $111 billion (€108 billion).
While Russia has supplied 80% of Vietnam’s arms exports since the early 2000s, this share has declined as Vietnam seeks to diversify its military suppliers./Eero News
The deal was signed between Russia’s state-owned nuclear energy firm Rosatom and Vietnam’s state power utility EVN at a time when the Southeast Asian nation is seeking to revive its nuclear energy plans.
Vietnam shelved the construction of two nuclear power plants in 2016 due to rising costs and safety concerns but is now revisiting the idea to achieve energy self-sufficiency and meet its target of reducing greenhouse gas emissions by 2050.
Mishustin, who held bilateral talks with his Vietnamese counterpart Pham Minh Chinh, emphasized the strong partnership between the two nations.
“Vietnam is an important partner of Russia in Southeast Asia," Mishustin said. “Today we plan to discuss with you a comprehensive plan for cooperation between Russia and Vietnam, which runs until 2030.”
During his visit, Mishustin also met Vietnam’s Communist Party chief To Lam and National Assembly chairman Tran Thanh Man. He is scheduled to meet the Vietnamese President Luong Cuong on Wednesday.
Alexey Likhachev, Rosatom's director general, arrived in Hanoi on Monday and expressed the company’s readiness to assist Vietnam in building nuclear power plants and research centres, as well as sharing and localising Russian nuclear technology, according to Vietnamese state media.
In addition to the nuclear energy agreement, Russia agreed to provide Vietnam with a scientific research vessel for marine studies.
The visit underscores Russia's efforts to strengthen ties in Asia amid its international isolation following its full-scale invasion of Ukraine in 2022.
Mishustin’s visit follows Russian President Vladimir Putin’s trip to Hanoi in June, during which the two nations agreed to develop a roadmap for a nuclear science and technology centre in Vietnam.
Vietnam and Russia have maintained diplomatic ties since 1950, and have been close allies since the Cold War.
The influence of this long-standing relationship is evident in Vietnamese cities, where Soviet-era apartment blocks stand alongside modern skyscrapers.
Despite their historical ties, bilateral trade between Russia and Vietnam amounted to only $3.6 billion (€3.5 billion) in 2023, a stark contrast to Vietnam’s trade volumes with China, which totalled $171 billion (€167 billion), and the US, which reached $111 billion (€108 billion).
While Russia has supplied 80% of Vietnam’s arms exports since the early 2000s, this share has declined as Vietnam seeks to diversify its military suppliers./Eero News
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