Vietnam launches $49bn in projects to boost growth amid US tariff pain

Government aims to spur domestic-led economy by investing 10% of GDP

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The main terminal of Long Thanh International Airport is under construction. It is meant to be an air transport hub for southern Vietnam. (Airports Corporation of Vietnam)

YUJI NITTA and MAI NGUYEN

HANOI -- The Vietnamese government announced Thursday a massive infrastructure development plan equivalent to 10% of the country's gross domestic product.

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