Vietnam adds nuclear to $136bn plan to boost power capacity

The country's first nuclear power plants to come online in 2030-2035

20250417 vietnam electricity

Vietnam wants to raise its total installed power capacity to a range of 183 to 236 gigawatts by 2030, up from more than 80 GW at the end of 2023. © Reuters

HANOI (Reuters) -- Coal-reliant Vietnam aims to significantly ramp up its power generation capacity by 2030, focusing on renewable energy and adding nuclear power to the mix, according to the country's newly amended national power plan.

To meet the targets, Vietnam would need a total investment of $136.3 billion by 2030, the government said, equivalent to more than a quarter of its 2024 gross domestic product.

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