Vietnam abandons plan for first nuclear power plants


  • World
  • Wednesday, 23 Nov 2016

A man sits behind a model of a Japanese Mitsubishi nuclear reactor at the World Nuclear Power 2012 exhibition in Hanoi, Vietnam October 26, 2012. REUTERS/Kham/File Photo

HANOI (Reuters) - Vietnam's National Assembly voted on Tuesday to abandon plans to build two multi-billion-dollar nuclear power plants with Russia and Japan, after officials cited lower demand forecasts, rising costs and safety concerns.

The vote to scrap the country's first atomic energy project deals a blow to the global nuclear business and to Japan's drive to begin exporting reactors after the Fukushima disaster left its nuclear industry in a deep freeze.

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