Скачать или смотреть • Why Vietnam’s $67B Rail Project Fell Apart After China Pulled Back

• Why Vietnam’s $67B Rail Project Fell Apart After China Pulled Back
Vietnam’s ambitious $67 billion rail project was meant to transform national transportation and boost economic growth.
The plan relied heavily on foreign financing, technology, and construction expertise.
Negotiations stalled after China declined to back key parts of the project.
Cost overruns, debt concerns, and technical standards became major sticking points.
Vietnam faced challenges aligning the railway with long-term fiscal sustainability.
The setback forced Hanoi to reassess partners and scale down expectations.
Geopolitical considerations further complicated infrastructure cooperation.
The episode highlights the risks of mega projects tied to external strategic interests.