Vietnam's National Assembly on Monday approved an agreement tied to the
country's first nuclear power project, the most significant step in its nuclear
revival since two reactors were cancelled in 2016 over cost concerns. The
decision accompanies a revised eighth power development plan that raises
national installed capacity to 183.3–236.4 GW by 2030 from 82.4 GW at end‑2024;
nuclear is scheduled to contribute 4–6.4 GW between 2030 and 2035. Vietnam also
targets at least 10% annual economic growth from 2026 and is pushing investment
in manufacturing, AI, semiconductors and data centres, sectors that will
materially raise electricity demand.
