A spokesperson for the socialist republic said nuclear plants are not economically viable because of other cheaper sources of power
The state-controlled Tuoi Tre newspaper said the lawmaking National Assembly will ratify the government decision later this month.
In 2009, the assembly approved the construction of two nuclear power plants with a combined capacity of 4,000 megawatts. Construction was initially scheduled to start in 2014, but has been delayed several times.
The newspaper quoted the head of the state-run Electricity of Vietnam Group, which was to pay for the plants, as saying they are not economically viable because of other cheaper sources of power.