Viet Nam’s GDP Per Capita is Expected to Increase to Around US$4,700-5,000 in the Next Five Years

Viet Nam expects to move out of the low middle-income status by 2025, according to the Resolution of the 13th National Congress of the Communist Party of Viet Nam. It will become a upper-middle income country by 2030 and gain developed and high-income nation status by 2045. These are the key time milestones as the

By |2021-02-28T12:35:19+03:00February 28th, 2021|Categories: Economy|Tags: , , , |0 Comments

VietNam may Become Upper-Middle-Income Country in 2023

The Japan Centre for Economic Research (JCER) has predicted that Viet Nam will become an upper-middle-income country in 2023, and its GDP going onto surpass Chinese Taipei by 2035. The JCER recently released a medium-term forecast of Asian economies entitled “Asia in the coronavirus disaster: Which countries are emerging?”, which addresses the impact of the

Fifteen Asia-Pacific Countries Sign China-backed Regional Trade Pact

Fifteen countries on Sunday signed a sprawling Asian trade deal seen as a huge coup for China in extending its influence. The china-backed deal excludes the United States, which had left a rival Asia-Pacific grouping under President Donald Trump. The Regional Comprehensive Economic Partnership (RCEP) – which includes 10 Southeast Asian economies along with China, Japan,

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