Vietnam, Russia Sign Nuclear Power Deal Amid Energy Pressure

Vietnam, Russia signed an agreement on the construction of the Southeast Asian nation’s first nuclear power plant as Hanoi moves to bolster energy security amid Middle East disruptions that are disrupting global fuel supplies.

The agreement was signed during Vietnamese Prime Minister Pham Minh Chinh’s visit to Russia, according to a statement on the government’s website, which did not specify when construction will begin. During the trip, Russia’s largest LNG producer Novatek also signed a preliminary deal to supply Vietnam, news website Tass reportedBloomberg Terminal Monday.