New Valamo or New Valaam is an Orthodox monastery in Heinävesi, Finland. The monastery was established in its present location in 1940. However, the tradition of the Valamo monastery dates back to 1717. The monastery was then originally established on Valaam which is an archipelago in the northern portion of Lake Ladoga, lying within the Republic of Karelia in the Russian Federation.

Heinävesi is a municipality of Finland. It is located in the North Karelia region. The municipality has a population of 3,001 and covers an area of 1,319.58 square kilometres (509.49 sq mi) of which 288.71 km2 (111.47 sq mi) is water. The population density is 2.91 inhabitants per square kilometre (7.5/sq mi). Neighbouring municipalities are Savonlinna, Varkaus, Leppävirta, Tuusniemi, Outokumpu and Liperi. The city of Joensuu is located 81 kilometres (50 mi) northeast of Heinävesi. The municipality is unilingually Finnish.