“Korean Companies: Seize the Opportunity in Vietnam’s Thriving Energy Sector”

    The NA Vice Chairwoman applauded KEPCO's enduring commitment to Vietnam's energy sector, emphasizing the company's pivotal role as a prominent investor. She commended KEPCO's contributions, which are instrumental in driving the country's technological progress and energy evolution, and encouraged the company to persist in its endeavors.

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    Vice Chairwoman of the National Assembly, Nguyen Thi Thanh, (R) meets with Chairman and CEO of the Korea Electric Power Corporation (KEPCO), Kim Dong Cheol, in Hanoi on April 15. (Photo: National Assembly Portal)

    Vice Chairwoman of the National Assembly (NA), Nguyen Thi Thanh, met with Chairman and CEO of the Korea Electric Power Corporation (KEPCO), Kim Dong Cheol, in Hanoi on April 15. During the meeting, she emphasized the strong diplomatic relations between Vietnam and the Republic of Korea (RoK), highlighting that Korean businesses are active investors in Vietnam’s energy sector.

    Thanh acknowledged the RoK as one of Vietnam’s largest foreign investors, with involvement in power generation, renewable energy, nuclear power, and oil and gas exploration. She commended KEPCO’s contributions to Vietnam’s energy landscape and encouraged their continued support in technological advancement and energy development.

    The NA Vice Chairwoman suggested KEPCO maintain close collaboration with Vietnam Electricity (EVN) and effectively implement their memorandum of understanding. She also encouraged KEPCO to work with Vietnamese ministries, sectors, and localities on new investment projects that align with Vietnam’s National Green Growth Strategy 2021–2030 and its vision for 2050.

    Thanh shared that Vietnam has resumed preparations for the Ninh Thuan nuclear power project to meet the country’s increasing energy demand. She invited KEPCO to expand its involvement in clean energy development, including solar, wind, and nuclear power.

    In response, Kim Dong Cheol expressed his gratitude for the warm welcome and acknowledged Vietnam’s rapid electricity demand growth. He supported the Vietnamese government’s decision to revisit energy policy and resume the Ninh Thuan nuclear power project. Kim also briefed Thanh on KEPCO’s experience, technological capabilities, and achievements in the energy sector, emphasizing their interest in continuing the close partnership with Vietnam in nuclear energy and new technologies.

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