Japan Withdraws from Vietnam's Nuclear Ambitions

Japan has exited plans to build a nuclear power plant in Vietnam, citing a tight timeline, which impacts Vietnam's strategy to manage impending power shortages. This development affects bilateral relations, as Vietnam's power demands grow. French, South Korean, and U.S. interests may fill the void left by Japan.

Japan has officially withdrawn from the Ninh Thuan 2 nuclear power plant project in Vietnam, citing an unmanageable timeline for completion. This move was confirmed by Japanese ambassador Naoki Ito, highlighting the challenges now facing Vietnam as it seeks to manage increasing energy demands ahead of forecasted power shortages.

The Ninh Thuan projects were initially expected to significantly boost Vietnam's electricity generation but have been plagued by delays. Vietnam continues to grapple with power blackouts, fueled by rapid industrial growth and adverse weather conditions. Japan's decision to step back marks a potential hurdle in the historically strong Vietnam-Japan relations.

The suspension of Japan's involvement comes despite Vietnam reopening its nuclear program and seeking Japan and Russia's collaboration in recent times. With Japan's withdrawal, attention turns to other international players like France, South Korea, and the United States, who have expressed interest in Vietnam's nuclear energy sector.

(With inputs from agencies.)