Russia planned to supply two units for a power plant project in the southern Ninh Thuan province. Its launch was planned for 2020 before Vietnam asked to move the start of construction to that year. In early November, the Vietnamese government announced its decision to withdraw from the contract due to a tight fiscal situation.
Vietnam is the latest in a line of several countries to suspend nuclear development in the wake of the 2011 Fukushima Daiichi accident, which led to an ongoing collapse in uranium prices and skepticism in the nuclear industry.
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