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Hanoi (VNA) – The National Assembly on June 3 passed a law that encourages research and investment in atomic energy for peaceful purposes.
The Law on Atomic Energy says the State encourages and creates favourable conditions for domestic and foreign organisations and individuals to research and invest in nuclear energy to serve the country’s socio-economic development.
The law bans manufacturing, possessing, using and threatening to use nuclear weapons and the disclosure of confidential information on atomic energy.
Under the law, activities to take advantage of atomic energy to violate national sovereignty, security and benefit are also prohibited.
To implement a strategy on applying atomic energy for peaceful purposes, the government has asked the Electricity of Vietnam Group to map out projects to build two atomic power plants.
The first plant, with a capacity of 4,000 MW, is projected to be built in central Ninh Thuan province in 2015 and is scheduled for completion by 2020.
On the morning of June 3, the legislative body also passed five other laws, namely the Law on Value-Added Tax (revised), the Law on Corporate Income Tax (revised), the Law on Oil and Gas, the Law on Operations of the Vietnam Red Cross, and the Law amending and supplementing some articles to the Law on Drug Prevention and Control.
All the newly-passed laws will take effect as of January 1 of next year.
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