Vietnam ranked 6th among fastest growing Asian economies in 2024
The US website finance.yahoo.com placed Vietnam 6th among the fastest growing economies in Asia in 2024 in its article published on April 4.
Illustrative image (Photo: VNA)
The article cited projections for Vietnam's real GDP growth to reach 5.8% and per capita GDP growth at 7.41%.
Vietnam found itself positioned behind the Macao Special Administrative Region (China) which claimed the top spot, followed by India, Cambodia, Bangladesh, and the Philippines. Within Southeast Asia, Indonesia followed Vietnam at 10th, Malaysia at 14th, Laos at 18th, and Thailand at 20th.
With a projected expansion of 4.5%, the Asian economies are expected to collectively contribute over 60% of the global economic growth this year.
However, the article highlighted the importance of effective risk management for sustained economic recovery. Key challenges facing the Asian economies include the ongoing real estate crisis in China, potential financial instability in debt-laden nations, inefficiencies within supply chains, and the escalating threat of rising transport costs./.
VNA
Source: https://en.vietnamplus.vn/vietnam-ranked-6th-among-fastest-growing-asian-economies-in-2024/284101.vnp
-
Retailer brings Vietnamese products closer to consumers in Canada
- Diversify goods and agricultural products to serve the Tet market
- Quality varieties spur Vietnamese rice industry's growth: experts
- Launching 1 million hectares of high-quality, low-emission rice project
- Small but quality FDI projects invested in southeastern localities
- In 2024, Long An will change crop structure on rice land with an area of more than 8,500 hectares
- Long An 's industry on the path of recovery and development
- Businesses bullish on Q2 outlook: GSO
- Cryptocurrency is not banned in Vietnam: Ministry
-
Mekong Delta food producers busy with production for Tet
- Tet specialties are in season
- Organic agricultural products are favored by customers during Tet holiday
- Ministry moves to boost domestic consumption during Tet holiday
- Strengthening regional connectivity, promoting economic development
- Vietnam, RoK strengthen friendship, cooperation
- Tet flavor from OCOP products
- Macroeconomic stability, infrastructure – key catalysts for real estate growth
- Connecting and supporting farmers in production and consumption
- Vietnam to become competitive player in global financial market: Minister
