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Unlocking Institutional Bottlenecks: Navigating the Complexities for a Smoother Journey Ahead
Speaking at the 8th session of the 15th National Assembly on October 21, 2024, General Secretary To Lam expressed the view that institutional bottlenecks are the main hindrance to progress. He emphasized that addressing these institutional bottlenecks, starting with improvements in law-making, is an urgent task for the National Assembly.
High-Speed Rail Project: Transforming Vietnam with Far-Reaching Impact on 7-8 Key Sectors
Deputy Minister of Planning and Investment Tran Quoc Phuong stated that, based on initial assessments, the high-speed rail project is the largest-scale project to date, with an estimated total investment of nearly $70 billion. If this amount is invested from now until 2035, the project's impact is expected to increase GDP by approximately 0.97 percentage points. Additionally, this project will have a direct impact on 7-8 sectors.
“The Stubborn Stagnation: Inflation’s Persistent Stranglehold on the US Economy”
Inflation in the US has now slowed to just shy of the Fed's target, but this does not mean the issue of inflation in the world's largest economy has been resolved.
