remain about its profitability

However, concerns remain about its profitability, feasibility, and socio-economic impacts. Furthermore, the current deliberations are influenced by geopolitics, as Vietnam weighs potential partnerships This essay adopts a political economy perspective to examine Vietnam’s HSR ambition. It starts by providing a brief overview of the HSR plan and i

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Gross Domestic Product (GDP)

Gross Domestic Product (GDP) in 2009.[1] It was approved by the Communist Party of Vietnam (CPV)’s Politburo and Central Committee, the highest decision-making institutions in the one-party state.[2] However, after heated public debates, the National Assembly voted against the project; 37 per cent voted in favour and 41 per cent against, primaril

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Vietnam has had to struggle

Vietnam has had to struggle to develop an efficient railway system due to financial and technical constraints. In 2010, then-Prime Minister Nguyen Tan Dung proposed an ambitious plan to build a 1,500km high-speed rail (HSR) which would connect the two economic centres, Hanoi and Ho Chi Minh City (HCMC), bringing travelling time down to less than si

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