Vietnamese economic growth could surpass Singapore’s by 2029

(VOVWORLD) - The British magazine Global Business Outlook, quoting a report by the Development Bank of Singapore (DBS), said that by 2029, the Vietnamese economy’s growth rate could be higher than that of Singapore.

Illustrative photo by VNA

According to the report, in 10 years, Vietnam’s growth rate could reach 6.5% annually. Irvin Seah, DBS’s executive director, said investors are very interested in Vietnam.

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Vietnamese economic growth could surpass Singapore’s by 2029

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