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

... ambitious: not only two power units with a combined capacity of 2,400 MW, but also the development of full-fledged nuclear power generation , targeting up to 8 GW by the mid-2020s and 15 GW by 2030. Besides, Russia, through its nuclear corporation Rosatom, offered not just construction, but a turnkey solution that encompassed design, financing ( including a loan of up to $8 billion), workforce training and subsequent maintenance. For Vietnam, this meant an opportunity to build a new industry virtually from scratch in a relatively short timeframe. However, in 2016, Vietnam’s National Assembly voted to put the project on hold. Officially, it was down to economic considerations— ...