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Japan Exits Ninh Thuan 2, Straining Vietnam's Power Plans

12/8/2025

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Story summary
  • Japan has withdrawn from the Ninh Thuan 2 nuclear power plant project in Vietnam due to tight timelines, per Japanese ambassador Naoki Ito.
  • The decision complicates Vietnam’s efforts to address power shortages amid rising industrial and middle-class demand.
  • Ninh Thuan 2 was planned for 2–3.2 GW and to be operational by 2035.
  • Vietnam seeks to boost output through renewables and gas, but faces delays, regulatory challenges, and tensions with Japan.