Japan will make every effort to obtain orders for Vietnam's nuclear reactor projects, which is crucial for Japan's entry into the nuclear power market and will face fierce competition from other countries in the sector. Minister of Economy, Industry and Commerce Naoshima Shigeki has already gone to Vietnam to negotiate on the 24th.

Comprehensive media reported on August 26 that Japan will launch its nuclear power plant to Vietnam with full force. The success of the nuclear power plant in the market will be crucial for future export business in this field.

Masayuki Naoshima, Japan’s Minister of Economy, Trade and Industry, arrived in Vietnam on the 24th and was joined by eight heads of private companies, including the heads of Tokyo Electric Power and Toshiba Corp. .

On the 25th, Naoki met with Vietnamese Prime Minister Nguyen Tan Dung and senior officials of the Communist Party of Vietnam, urging the Vietnamese government to sign two confirmed orders for nuclear reactors with relevant Japanese companies as soon as possible. Sui Jinyong expressed admiration for Japan’s advanced technology and safety records in this field.

Naoshima Shigetsu said to Niu Jinyong that Japan is willing to provide any type of assistance, including funding and personnel training.

Nguyen Tan Yong said that the Vietnamese side will carefully consider the conditions proposed by the Japanese side. Naotoshima was interviewed by reporters after the meeting and said that he hopes to achieve some progress in this matter at the bilateral summit to be held in October.

The two sides also discussed an agreement to limit the application of nuclear technology to force, which is a prerequisite for Japan’s export in this field. Vietnam has already signed similar agreements with other countries in the field, such as South Korea and France, but this is the first time that Japan has made contacts in this area. As soon as the two sides negotiated as soon as possible between Naoshima’s righteous trip, Nguyen Tan Yong accepted it.

Vietnam plans to establish 14 nuclear reactors by 2030, and Japan hopes to receive orders for two reactors that are scheduled to start operating around 2021. Considering the time required for the construction of nuclear reactors, Vietnam is expected to approve two (0)(0) comments in this article within one year or one year. Other Articles Comments on the topic Related Information Financial Information Forum Please enter verification code

Nuclear reactor orders.

Because Vietnam plans to build a large number of nuclear reactors, the Japanese Ministry of Economy, Industry and Industry is worried that if Japan can not win orders for Vietnam's nuclear reactors, other countries in Southeast Asia will not consider inviting Japan to nuclear power construction. According to the estimation of Japan’s Ministry of Economy and Industry, the nuclear power market, including the construction and operation of nuclear reactors, will increase to 9 trillion yen in Southeast Asia by 2025, and India will grow to nearly 17 trillion yen.

However, Japan is facing fierce competition. State-owned companies in South Korea, France, and Russia often win projects at lower bid prices. Russia has won an earlier nuclear power project in Vietnam by reaching a military electronic components agreement with Vietnam.

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