Russia’s Top Energy CEO Promises Vietnam Exclusive Access to Unparalleled Technology

Vietnam and the Russian Federation have engaged in technical negotiations to finalize an intergovernmental agreement on the construction of the Ninh Thuận 1 Nuclear Power Plant. During a phone call on the afternoon of December 11th, Prime Minister Phạm Minh Chính directly addressed and resolved outstanding issues with Alexey Likhachev, Director General of the State Atomic Energy Corporation Rosatom (Rosatom).

For his part, Rosatom Director General Alexey Likhachev expressed gratitude to Vietnam for trusting and selecting Russia as a partner in developing the nuclear energy industry. As a leading nuclear energy corporation with a long-standing partnership with Vietnam, Rosatom is committed to advancing cooperation to realize high-level agreements between the two nations.

Mr. Alexey Likhachev also stated that Rosatom will transfer technology and localize nuclear products for Vietnam, supporting the country’s development in nuclear science and industry. This collaboration aims to utilize nuclear energy for peaceful purposes and socio-economic development, including the construction of a state-of-the-art nuclear power plant and other projects.

Benefits of Russian Nuclear Technology

Rosatom is dedicated to sharing its technology with nations worldwide, providing energy solutions and innovations to foster new economic models and enhance quality of life.

Rosatom’s unparalleled global market position is ensured by the complete self-sufficiency of Russia’s nuclear industry. “No other corporation possesses the full range of capabilities, from uranium exploration and mining to decommissioning and environmental projects,” stated Rosatom Director General Alexey Likhachev at an October 2025 meeting.

Russian nuclear engineers have shared nuclear technology since the industry’s inception, building research reactors and power plants globally. “Sharing technology with nations striving for a prosperous future is inherent to our mission,” emphasized Mr. Likhachev.

Currently, Rosatom is constructing 24 nuclear reactors, has secured a contract for a two-reactor nuclear power plant in Kazakhstan, and agreed to expand Uzbekistan’s nuclear project with two large and two small reactors instead of six small modular reactors. Belarus has expressed interest in building a third large reactor, a new nuclear power plant roadmap has been signed with Ethiopia, and negotiations with other countries are in advanced stages.

Continued Technological Innovation

Rosatom is also a leader in small modular reactor (SMR) technology. Russian nuclear engineers were the first—and remain the only ones—to build a floating nuclear power plant, the Akademik Lomonosov.

Rosatom has proposed a concept for a Generation IV reactor system, promising significant safety and efficiency improvements. This system closes the nuclear fuel cycle by recycling spent fuel and reusing depleted uranium from enrichment, maximizing the use of natural uranium’s energy while reducing both new mining needs and radioactive waste volumes.

Since its inception, Russia’s nuclear industry has led in scientific and engineering innovation. Rosatom contributes to advancements in fusion and quantum technologies, supercomputing, artificial intelligence, biomanufacturing of tissues and organs, and Russia’s space programs. Russian nuclear experts are shaping the future of technology both domestically and globally.