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Vietnam Nuclear — SMR Feasibility Acceleration

Developer
Vietnam Atomic Energy Institute / Multiple SMR developers
Capacity
1000 MWe
Last updated
5/17/2026

Project overview

Reactor type
PWR
Announced
1/1/2023
Projected operational
12/31/2035

Notes

Vietnam has accelerated its nuclear feasibility programme for SMR deployment following its earlier phase-out of a large reactor programme in 2016. Seaborg Technologies signed cooperation agreements with Vietnamese partners for potential CMSR deployment. South Korea's KHNP, Westinghouse, and Russian-backed developers have all expressed interest. Vietnam's rapidly growing electricity demand — driven by manufacturing sector expansion as companies relocate from China — makes it one of the highest-demand nuclear markets in Southeast Asia. The government is targeting SMR deployment by the mid-2030s.

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