Vietnam's Petrovietnam and Korea Electric Power Corporation Advance Cooperation on Ninh Thuan 2 Nuclear Power Project

en.Wedoany.com Reported - On September 7, 2026, Vietnam's National Industry-Energy Group (Petrovietnam) and Korea Electric Power Corporation (KEPCO) are accelerating cooperation in nuclear power research and development.

On September 8, a delegation led by Petrovietnam General Director Le Manh Hung held a working meeting in Seoul, South Korea, with a delegation led by KEPCO Chairman and CEO Kim Dong-cheol, focusing on the implementation status of the cooperation agreement in the nuclear power sector.

Le Manh Hung stated that Vietnam is taking measures to create conditions for the implementation of nuclear power projects. Previously, Petrovietnam and KEPCO signed a cooperation agreement witnessed by senior leaders of both countries, demonstrating that nuclear power has become one of the promising areas of Vietnam-ROK cooperation.

Regarding the Ninh Thuan 2 nuclear power project, Petrovietnam has been designated as the investor, and the local government is advancing site preparation work. Information disclosed at the meeting showed that approximately 97.5% of the project's land has been cleared, with the remaining work expected to be completed soon. This is considered an important condition for advancing the project to its next phase.

Le Manh Hung emphasized that the Vietnamese government is determined to advance the nuclear power project, and Petrovietnam hopes to work with potential partners to develop effective, feasible cooperation plans with rapid implementation conditions for submission to the two governments for consideration.

Kim Dong-cheol stated that through this exchange, KEPCO has gained a clearer understanding of the direction and preparation work for Vietnam's Ninh Thuan 2 nuclear power project. KEPCO hopes to cooperate with Petrovietnam to study effective implementation plans for nuclear power projects and share its experience participating in the Barakah nuclear power plant project in the United Arab Emirates. KEPCO believes that long-term cooperation, trust between partners, and organizational execution capabilities play an important role in the successful implementation of large-scale nuclear power projects.

At the conclusion of the meeting, Petrovietnam and KEPCO agreed to strengthen communication, conduct coordinated research on technical, investment, and financing solutions, while promoting support from relevant agencies of both countries. The two sides believe that Vietnam's determination to advance the project, combined with KEPCO's experience and capabilities in the nuclear power sector, will lay the foundation for Vietnam-ROK energy cooperation to enter a new phase and contribute to the achievement of Vietnam's energy security and sustainable development goals.