Vietnam NPP

Russia, Vietnam Sign Nuclear Power Plant Agreement

Published on March 24, 2026

Russia and Vietnam have signed an intergovernmental agreement to build the first nuclear power plant in Vietnam. Prime Ministers of Russia and Vietnam Mikhail Mishustin and Pham Minh Chinh took part in the document signing ceremony, in addition to Alexey Likhachev, Rosatom’s CEO.

Prime Ministers Mikhail Mishustin and Pham Minh Chinh

The agreement provides for the construction of a 2,400 MW Ninh Thuan-1 NPP and regulates the terms and key areas of cooperation between the parties in implementing the project. It 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, while the Leningradskaya NPP-2 (power units No. 1 and No. 2) has been selected as the reference project.

Rosatom also signed a roadmap last May for the development of Vietnam’s nuclear power industry up to 2030.

Mishustin said that the creation of the nuclear plant will give a strong impetus to the bilateral development of cooperation in adjacent areas—high technologies and fundamental and applied research. 

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