Korea Hydro & Nuclear Power Strengthens Nuclear Cooperation ... - BusinessKorea

Korea Hydro & Nuclear Power Strengthens Nuclear Cooperation with Vietnam - Businesskorea

Korea Hydro & Nuclear Power (KHNP, President Hwang Ju-ho) signed a memorandum of understanding (MOU) on June 22 with Tran Chi Thanh, president of the Vietnam Atomic Energy Institute (VinAtom) in Hanoi, Vietnam to enhance cooperation in the field of nuclear energy and Small Modular Reactors (SMR).

The MOU, linked with the Korea-Vietnam Business Forum, aims to promote cooperation between the two countries, pledges to strengthen collaboration in areas such as nuclear reactor design, technology, safety, next-generation reactor utilization for achieving net-zero emissions, SMR licensing and legal issues, regulatory systems, and workforce training.

The MOU is expected to revitalize the technical and human resources exchanges in the field of nuclear energy between the two countries, which had been dampened by the Vietnamese government's abrupt announcement to cancel the introduction of nuclear power plants in 2016. In the future, through technological advancements for the peaceful use of nuclear energy and collaboration in various fields, both countries are expected to contribute to joint development.

On the same day, the two entities held a technical exchange meeting to share each other’s R&D-related information and the development status and plans of KHNP’s i-SMR, enhancing mutual understanding.