Russia’s Rosatom is considering building wind power plants in central Vietnam, The Investor is reporting. Evgenii Chivile, the general director of Rosatom’s local subsidiary, NovaWind Vietnam, reportedly met with Ha Tinh authorities Tuesday to discuss opportunities for the firm in wind power in the region.
This is inline with Russia looking to expand on its existing relationship with Vietnam in the context of limited foreign investment options as a result of sanctions applied to the country in most developed markets over the war in Ukraine.
Similarly, when he was in Vietnam in June, Russian President Vladimir Putin oversaw the signing of a memorandum of understanding between Russia’s Rosatom State Nuclear Energy Corporation and Vietnam’s Ministry of Science and Technology. If realised, this agreement would see the former assist the latter to establish a Nuclear Science and Technology Center in Vietnam with a Russian nuclear reactor.
This has given nuclear power a boost in public discourse with nuclear power plants raised as a means to help Vietnam reach its net-zero by 2050 goal. Nuclear power, however, was first raised as an option back in 1995 but nothing, as yet, has come of it.
See also: Nuclear Power in Vietnam: Unpacked 2024