In 2010 the Vietnam government arrived at a decision to build the first nuclear power plant in the country Ninh Thuan 1 according to Russian project and with the help of Russian specialists. The construction of NPP in Vietnam will essentially relieve the deficit in energy production. The political leaders of Vietnam reckon upon the further growth of the economy. Energy of Vietnam is now generally held on big HPPs and TPPs. Small hydropower and such renewable energy sources as sun and wind play an important role in energy production. Because of the small amount of falls in the recent years in spite of monsoon climate, HPPs in Vietnam produce energy using not their full capacity. In TPP coal, diesel oil and gas is used as energy resources. The share of coal is still quite big (around 18 %) and coal TPPs have a serious negative impact on the environment. That’s why the specialists count on the development of nuclear energy. The paper presents the plans for the construction of a nuclear power plant "Ninh Thuan" in Vietnam, the alleged NPP project, its advantage over other projects, prerequisites and prospects for cooperation between the Russian and Vietnamese governments in this field.