Nyaungshwe Township is a township of Taunggyi District in Shan State, Myanmar. It is located south of Sakangyi and south-west of Taunggyi. The principal town is Nyaungshwe.
Inle Lake, a popular tourist destination and an inland freshwater lake, is located south of Nyaungshwe town. Part of Inlay Lake Wetland Sanctuary lies in Nyaungshwe, Pinlaung and Pekon Township.