nuclear-news

Vietnam nuclear power market eyed by three major countries VietNamNet Bridge 8 July 14  – American firms have urged the US Congress to ratify the Vietnam-US cooperation agreement in the nuclear sector in order to create more jobs, and Russia and Japan have signed nuclear cooperation agreements with Vietnam. Foreign newswires report that US President Barack Obama has submitted to the US Congress the text of the nuclear cooperation agreement, under which the US would transfer nuclear reactors and technologies to Vietnam.

Meanwhile, Vietnam Plus of the Vietnam News Agency reported that the US Congress began considering a cooperation proposal on May 9. It has 90 days to consider the issue before making a final decision.

Prior to that, the Vietnamese and US representatives signed a Vietnam-US nuclear cooperation agreement in Hanoi on May 6 (Agreement 123).

Vietnamese officials and scientists have expressed their satisfaction about the agreement.Minister of Science and Technology Nguyen Quan said at the signing ceremony that the agreement can be seen as an open door for both the US and Vietnam to accelerate projects on nuclear energy development…….

The US Nuclear Energy Institute (NEI) and the US nuclear energy firms have unanimously urged the US Congress to ratify the agreement soon, emphasizing that the strengthened cooperation with Vietnam in the sector would help boost exports and create more jobs.

The US firms can expect to earn $10-20 billion from the deals with Vietnam…..David Durham from GE Hitachi Nuclear Energy (GHE) has warned that if the US Congress does not ratify the agreement, US firms will lose the lucrative market of Vietnam……http://english.vietnamnet.vn/fms/science-it/106944/vietnam-nuclear-power-market-eyed-by-three-major-countries.html