Vietnam's Economy Expected to Grow by 6.8%-7.0%
TMTPOST -- Vietnam's GDP is expected to grow by 6.8% to 7.0%, according to the country’s Prime Minister Pham Minh Chinh.
The gross domestic product is projected to reach US$500 billion in 2025, becoming the 33rd largest economy globally and the 4th in ASEAN, said Pham, adding that the GDP per capita will increase to around US$4,900 in 2025 from US$3,720 in 2021, up 31.7%.
World Bank had forecast that Vietnam’s economic growth would be 5.5% in 2024 and gradually rise to 6.0% by 2025.
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