New transport infrastructure poised to drive Vietnam economic growth


A section of the Danang-Quang Ngai Expressway running through central Danang City. — VNA/VNS

HANOI: Major transport infrastructure completed in 2023 is expected to drive GDP growth of 6-6.5 per cent that the Government targets in 2024.

Economists explained that transport infrastructure has a large spillover effect, with investment of VND1 yielding returns of VND1.25 - 1.4 and impacting fields like real estate, education and culture.

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Vietnam , transport , infrastructure , economy

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