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Vietnam, Russia to Sign Energy Deal as PM Leaves for Moscow
By AFP
Vietnam's Prime Minister Pham Minh Chinh, left and his wife Le Thi Bich Tran.
Marco Longari / Pool Photo via AP /
Vietnam's prime minister left Sunday for an official visit to Russia during which the two nations will sign several agreements, including on oil and gas cooperation, Hanoi said.
Prime Minister Pham Minh Chinh's trip to the major oil-producing nation from Sunday to Wednesday comes as Vietnam seeks to shore up its fuel reserves amid global supply disruptions due to the war in the Middle East.
His visit will focus on deepening ties with Russia and expanding cooperation in trade, investment and energy, Vietnam's government said in a statement on Sunday.
“During this visit, a series of important agreements related to nuclear power plant projects, as well as cooperation in energy and oil and gas will be signed,” another statement from Hanoi said on Saturday.
“Cooperation in oil and gas energy will be reinforced in all fields of trade, exploration, extraction, and human resource training,” it added.
Since the U.S.-Israel war against Iran began in late February, sparking fuel price hikes and fears of shortages around the world, the cost of 95-octane petrol and diesel in Vietnam, a manufacturing hub, has soared by 50% and 70%, respectively.
Chinh held phone talks recently asking for fuel support from several countries, including Qatar, Kuwait, Algeria and Japan, according to Hanoi.
He is scheduled to meet with his Russian counterpart, Mikhail Mishustin, on Monday, Moscow said.
They will discuss “issues of Russian-Vietnamese trade,” with a focus on implementing joint projects in the energy and other sectors, according to a Russian government statement released Thursday.
During a visit by Mishustin to Hanoi in January 2025, Russia said it was “ready to participate in building a national nuclear power industry in Vietnam,” and the two nations would work together on joint oil and gas projects, according to a joint statement.
The two sides also signed a deal on nuclear energy at the time, with Chinh saying his country would aim to build a nuclear power plant within five years.
Viet
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Most people probably don’t know. Vietnam owns 49% of a giant oil field in Siberia. Ukraine drones seem have not reached yet.
nhandan.vn
Rusvietpetro: Một hình mẫu đầu tư ra nước ngoài
Thực hiện chủ trương đầu tư ra nước ngoài, Tập đoàn Dầu khí Việt Nam (Petrovietnam) đã và đang triển khai các dự án tại nhiều quốc gia. Trong số các dự án thì dự án liên doanh giữa Petrovietnam và Zarubezhneft tại Công ty Liên doanh Rusvietpetro là một hình mẫu trong đầu tư ra nước ngoài của...
Viet
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Rosatom to build a 2400 MW nuclear power plant in Vietnam
On March 23, during the visit of Vietnamese Prime Minister Pham Minh Chinh to Moscow, Russia and Vietnam signed an intergovernmental agreement on the construction of the Ninh Thuan-1 nuclear power plant.
Image source Chatgpt
The document was signed by Rosatom Director General Alexey Likhachev and Minister-Head of the Government Office of Vietnam Tran Van Son. The ceremony was held in the presence of Russian Prime Minister Mikhail Mishustin and his Vietnamese counterpart.
The agreement establishes the rules for joint work. It is planned to build two power units of the Russian project with VVER-1200 reactors. Their total capacity will be 2400 MW. The already operating units No. 1 and No. 2 of the Leningrad NPP-2 were chosen as a model.
Now the project has a full legal basis. The document also sets the direction of Russian-Vietnamese cooperation in nuclear energy for many years to come.
Viet
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The Russians will build the first 2 nuclear reactors.
Once learned how to build Vietnam will build the next 10 or 20 reactors.
www.france24.com
Once learned how to build Vietnam will build the next 10 or 20 reactors.
Russia, Vietnam advance plans for first nuclear power plant
Russia and Vietnam on Monday signed a cooperation agreement on the construction of Vietnam's first nuclear power plant, Russia's Rosatom nuclear agency said on Monday.
www.france24.com
ChineseTiger1986
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They are heavily relied on the US.
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