The company said Thursday that Park and other top executives joined President Lee Jae-myung’s business delegation during his visit to Vietnam and discussed cooperation on new nuclear power plants with Vietnamese government officials and key figures in the energy industry. Park attended a business roundtable and business forum in person, the company said.
Vietnam plans to build Ninh Thuan nuclear power plant units 1 and 2 by 2035. Russia has won the contract for Unit 1, while bidding for Unit 2 is still underway. The combined project is valued at about 30 trillion won. Vietnam also plans to secure an additional 8 gigawatts of nuclear capacity by 2050.
The company said “Team Korea” — made up of the Ministry of Trade, Industry and Energy, Korea Electric Power Corp. and Doosan Enerbility — is widely seen as a strong contender for Ninh Thuan Unit 2. South Korea and Vietnam signed a memorandum of understanding on nuclear cooperation following the summit, it said.
Yoon Yo-han, head of Doosan Enerbility’s marketing division, attended a business forum in Hanoi and signed separate agreements with local firms PTSC and PETROCONs on cooperation for new nuclear projects and supply chain development, the company said. Both firms are subsidiaries of Vietnam National Oil and Gas Group, or PVN, which is leading the Ninh Thuan project. Doosan said the agreements help lay the groundwork for a local supply chain in nuclear equipment and construction, strengthening its position for participation in the Ninh Thuan Unit 2 project.
“Cooperation between the two countries, expanded through joint public-private efforts to participate in Vietnam’s new nuclear power projects, will lead to meaningful results,” Park said. “Doosan Enerbility will do its utmost in its role so that Team Korea, which has already proven its competitiveness in the UAE and the Czech Republic, can achieve results in Vietnam as well,” he said.
* This article has been translated by AI.
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