HANOI (Reuters): Japan has dropped out of plans to build a major nuclear power plant in Vietnam because the time frame is too tight, Japanese ambassador Naoki Ito told Reuters, potentially complicating Vietnam's long-term strategy to avoid new power shortages.
Vietnam, home to large manufacturing operations for multinationals including Samsung and Apple, has faced major power blackouts as demand from its huge industrial sector and expanding middle class often outpaces supplies, strained by increasingly frequent extreme weather, such as droughts and typhoons.
