Vietnam's parliament approves a $67B high-speed rail project and new data protection laws.

Vietnam's parliament has approved a $67 billion high-speed rail project, a data protection law, and an electricity law during its regular session. The rail project, connecting Hanoi and Ho Chi Minh City over 1,541 km, aims for completion by 2035. The data law tightens rules on personal data, potentially affecting US tech firms, while the electricity law seeks to ease investment barriers in the energy sector.

November 30, 2024
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