The Vietnamese Government has approved Vietnam’s revised National Electricity Development Plan for 2021-2030, with a vision to 2050 (PDP8), which now integrates the development of nuclear energy. Under the $136bn plan, Vietnam plans to increase total installed capacity to between 183 GWe and 236 GWe by 2030, up from just over 89 GWe at the end of 2023. For 2050, PDP8 plans to increase total installed capacity to between 774.5 GWe and 839 GWe.
By 2030, solar energy is expected to account for more than 25% of Vietnam’s electricity balance while liquefied natural gas (LNG) and coal are expected to account for 12.3% and 16.9%, respectively.
The first nuclear stations are planned to be commissioned from 2030 to 2035. The installed nuclear power is expected to reach from 4-6.4 GWe, equivalent to approximately 4-6 large nuclear plants. By 2050 a further 8 GWe of nuclear power would be added.
The government previously stated that its planned nuclear programme will include the construction of two NPPs with a total capacity of 4,000 MW in the central province of Nin Thuan.
Vietnam had planned the construction of two stations in 2009, but the National Assembly cancelled the plans in 2016 for economic reasons. The proposed plants were planned to be built by Rosatom and Japan Atomic Power Company.
In December 2024, lawmakers asked the government to resume the development of the nuclear energy programme. The Central Committee of the Communist Party of Vietnam has already agreed to resume the nuclear programme.
