Vietnam and Russia sign nuclear energy cooperation agreement to address energy pressures

```htmlGolden Ten Data reported on March 24 that Vietnam and Russia have signed an agreement to build Vietnam's first nuclear power plant. Amid disruptions to global fuel supply caused by instability in the Middle East, Hanoi is striving to enhance its energy security. According to a statement on the Vietnamese government’s website, the agreement was signed during the Vietnamese Prime Minister’s visit to Russia. The statement did not mention the specific start date for construction. According to TASS on Monday, during this visit, Russia's largest liquefied natural gas producer Novatek also signed a preliminary supply agreement with Vietnam. After the war in Iran led to almost complete interruption of oil and natural gas exports via the Strait of Hormuz, Vietnam has taken measures to strengthen its energy security. This move has triggered a rise in fuel prices and long queues at gas stations. The government has formulated a plan for fuel-saving measures, which includes shifting to electric vehicles and accelerating the use of biofuels.```