Vietnam among Asia-Pacific economies with fastest per-capita GDP rise: Bloomberg
Vietnam is projected to be one of the economies posting big gains in the world’s per-capita income rankings during the quarter-century through 2025, according to data analysed by Bloomberg.
Shown are the fastest-growing Asia-Pacific economies, expressed in GDP per capita in purchasing-power-parity terms, from 2000 to 2025 (Photo: IMF World Economic Outlook)
Hanoi (VNA) –ꦫ Vietnam isprojected to be one of the economies posting big gains in the world’s per-capitaincome rankings during the quarter-century through 2025, according to dataanalysed by Bloomberg.
Armenia, Georgia, and Bangladesh were alsonamed in the list. Overall, developing Asian countries will seeper-capita GDP rise six-fold in the period. China’s surging economy is set to overtake56 countries in the rankings, placing 70th in the world on the metric. Turkmenistan is projected to be the onlycountry climbing further up the rankings than China, advancing 58 spots. Vietnam’s economy could grow bigger than Singapore by 2029,the UK-based Global Business Outlook recently cited the Development Bank ofSingapore (DBS)’s report. In its report, the DBS predicts that Vietnam could grow at apace of 6 percent to 6.5 percent in the next 10 years. Currently, the Vietnamese economy is worth 224billion USD. This means it covers 69 percent of Singapore’s economic size whichis worth 324 billion USD./.
Sustainable development was important for Vietnam to recover from the impacts of the COVID-19 pandemic, experts said at a forum in Hanoi on November 10.
Boosting support for Vietnamese enterprises to capitalise on free trade agreements (FTAs) and engage more deeply in global supply chains is an important solution to fuel post-pandemic exports and economic recovery, the Export Forum 2020 held in Ho Chi Minh City on November 18 heard.
Vietnam is shaping up as Southeast Asia's single economic success story in the coronavirus era, maintaining steady positive growth as other economies struggle to recover, Nikkei Asia reported on November 19.
Moody's Analytics, a unit of Moody’s Corporation, has forecast Vietnam, together with China and Hong Kong (China), would see the fastest growth in 2021, thus making the Asia-Pacific region lead the global recovery from the COVID-19 pandemic.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
Shown are the fastest-growing Asia-Pacific economies, expressed in GDP per capita in purchasing-power-parity terms, from 2000 to 2025 (Photo: IMF World Economic Outlook) 
