Economy News Singapore Vietnam

Vietnam’s GDP to Surpass Singapore’s in Five Years: CEBR

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According to the UK-based Centre for Economics and Business Research (CEBR), Vietnam’s GDP will surpass Singapore’s in five years, reaching $676 billion by 2029.

By 2039, Vietnam’s GDP could rise to $1.41 trillion, ranking 25th worldwide and becoming Southeast Asia’s third-largest economy, following Indonesia and the Philippines.

Vietnam’s GDP will reach US$450 billion in 2024, placing it 34th globally.

Source: Vietnam News

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