Back Society » Tech » Vietnam’s First Nuclear Power Plant Faces Another Setback

Vietnam’s First Nuclear Power Plant Faces Another Setback

Due to slowing economic growth and safety concerns, the construction of Vietnam’s first nuclear reactor has been delayed yet again. 

Related Articles:

Slow Going for Vietnam’s First Nuclear Plant

Vietnam Pushes Back Construction Of First Nuclear Power Plant

US to Provide Vietnam with Nuclear Fuel

Vietnam’s slowing economic boom and the utmost concern for safety procedures have caused further delays while procedural and processes are finalized, according to a recent piece in the Wall Street Journal.

In October of 2013, an agreement was signed between the United States and Vietnam whereby the U.S. would supply nuclear fuel to Vietnam with the caveat the uranium not be enriched. Further, the U.S. would have control over all nuclear technology and uranium provided to Vietnam. Russia as well as Japan have also put their hats in the ring to provide materials and training for the country’s civilian nuclear program. Vietnam’s first nuclear plant in Ninh Thuận is to be built by Russian energy giant, Rosatom, and Russia has pledged $8 billion in loans to complete the project.

Initially scheduled to begin construction in 2014, the project is now planned to break ground in 2017. Interestingly, this timetable is at odds with previous reports of a 2020-2022 start date.

Presently, Vietnam’s energy infrastructure is tied to coal burning and hydroelectric power. In recent years, Vietnam has gone from a net exporter of coal to an importer, and the opportunities for hydroelectric power are nearly exhausted. A real need for sustainable energy is becoming more and more urgent with rapid growth of urban centers. The economic turndown, however, has given the country a bit of a buffer, but with its population ever increasing, an alternative energy source outside of coal and hydroelectric power seems to be necessary.

[Photo via Jonathan Brennan]

Related Articles

in Tech

‘Flappy Bird’ Maker Ranked One of the World’s Most Influential App Developers

He’s probably sitting in his room, cursing them for it, but Dong Nguyen of ‘Flappy Bird’ fame has made Business Insider’s list of “the world’s 11 most influential people working in apps.”

in Tech

"Fucking Ugly" Websites Plague Vietnam

Design is subjective; ‘good’ design changes by region, city and individual. Design elements that may seem antiquated to one, may be fresh or reinvented by another so we try not to judge - except when ...

in Tech

$1 Billion High-Tech Park Proposed for HCMC

As part of the continuing effort to modernize Vietnam’s workforce, authorities are reviewing a proposal for a massive science and technology park in HCMC.

in Tech

$110m Pledged for Vietnamese Startups

It looks like Vietnamese startups are about to get a boost in funding. The Ministry of Science and Technology has announced a $110 million program called FIRST, designed to breathe financial life into...

in Tech

$189m Plan to Give 300,000 HCMC Students Tablets Draws Criticism

Last week the HCMC Department of Education proposed a plan to equip 300,000 primary students with tablets for the coming school year, reports Thanh Nien. With a pricetag of VND3 million – VND 5 m...

in Tech

'Flappy Bird' Creator To Release New Game Tomorrow

Well, Nguyen Ha Dong, the Vietnamese app developer who at one point was pulling in $55,000 per day, is officially back in the spotlight. After releasing a new version of ‘Flappy Bird’ earlier this mon...

Partner Content