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, primarily based to concerns about its economic feasibility Fourteen years later, the Vietnamese government revived the project, now with an estimated cost of US$70 billion. This time, the project appears more feasible – given the Vietnamese economy’s growing scale, the proven successes of several HSRs in Southeast Asia, and increased support from the public and from policymakers ufabet