Vietnam - World Nuclear Outlook Report

Projection of future nuclear capacity in Vietnam in 2050

New capacity

Large-scale reactors

The Vietnamese National Assembly agreed a resolution in November 2024 calling for the resumption of the Ninh Thuan nuclear power project – plans had previously been cancelled in 2016. The project consists of two two-unit plants: Ninh Thuan I and Ninh Thuan II, which would each have a capacity of at least 2000 MWe.

In April 2025 Vietnam revised its National Power Development Plan. This indicated each unit of the Ninh Thuan plants could be up to 1600 MWe in capacity. Additionally, the plan identified that a further 8 GWe of capacity would be needed by 2050, with the potential for further increases.²⁴⁸

Vietnam aims to complete construction of its first two nuclear plants no later than the end of 2031, according to a February 2025 statement by prime minister Pham Minh Chinh, although concomitant reports indicate that Ninh Thuan I would be completed between 2031 and 2035, while Ninh Thuan II is forecast to be operational in 2036 to 2040.²⁴⁹

Vietnam has identified eight potential nuclear power sites across five central provinces, each capable of supporting 4-6 GWe. The designated sites in Ninh Thuan’s Phuoc Dinh and Vinh Hai remain the primary focus, but additional locations under review include Quang Ngai, Binh Dinh, Phu Yen, and Ha Tinh provinces.²⁵⁰

Smale-scale reactors

In February 2025, the Minister of Industry and Trade said that Vietnam’s nuclear energy development would include both centralized nuclear power plants and small modular reactors to diversify the country’s energy supply.²⁵¹