“Nuclear Renaissance”: Russia and Vietnam Are Restarting Their Strategic Partnership

... project’s technical parameters. It makes the partnership mutually beneficial and potentially allows the countries to relaunch their comprehensive strategic partnership, bringing the substance in line with its formal status. Strategic benefits for Vietnam First, nuclear power offers a way to significantly reduce the national economy’s exposure to volatility in global fossil fuel markets. Unlike coal- and gas-fired power plants, where fuel can account for up to 70–80% of the cost per kilowatt-hour, in nuclear ...