The government has proposed allowing private firms and state-owned enterprises to invest in, build and operate small modular reactor (SMR) nuclear plants, which the current Electricity Law reserves for the state. Minister of Industry and Trade Lê Mạnh Hùng submitted the draft amendment to the National Assembly on Oct. 20, aiming to institutionalize new energy security policies and remove bottlenecks in planning, investment, and electricity pricing. The draft estimates SMR investment at $7,000–12,000 per kW, or $2.1–3.6 billion for a 300 MW plant built in 2–3 years, compared with $6–9 billion and roughly five years, sometimes over 10, for a standard plant. The National Assembly's science committee largely agreed but asked for clearer conditions and scope for non-state participation, while a deputy warned that long-term obligations on safety, radioactive waste and decommissioning must be defined from the investment approval stage. The draft will be debated on Nov. 3 and voted on Nov. 20.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Đề xuất cho tư nhân làm nhà máy điện hạt nhân module nhỏ
Read the original on VnExpress ↗
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Related tickers and likely impact
NT2
• NeutralNhon Trach 2 Power
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Utilities |
| Industry | Electricity |
| Market cap | 6,722 bn VND |
| P/E | 5.4 |
| P/B | 1.34 |
| Close on 10/20/2026 | 24.10 |
| Change that session | +3.21% |
PC1
• NeutralPC1 Group
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Construction & Materials |
| Industry | Heavy Construction |
| Market cap | 7,629 bn VND |
| P/E | 6.6 |
| P/B | 1.14 |
| Close on 10/20/2026 | 18.60 |
| Change that session | +0.27% |
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