• An Giang
  • Binh Duong
  • Binh Phuoc
  • Binh Thuan
  • Binh Dinh
  • Bac Lieu
  • Bac Giang
  • Bac Kan
  • Bac Ninh
  • Ben Tre
  • Cao Bang
  • Ca Mau
  • Can Tho
  • Dien Bien
  • Da Nang
  • Da Lat
  • Dak Lak
  • Dak Nong
  • Dong Nai
  • Dong Thap
  • Gia Lai
  • Ha Noi
  • Ho Chi Minh
  • Ha Giang
  • Ha Nam
  • Ha Tinh
  • Hoa Binh
  • Hung Yen
  • Hai Duong
  • Hai Phong
  • Hau Giang
  • Khanh Hoa
  • Kien Giang
  • Kon Tum
  • Lai Chau
  • Long An
  • Lao Cai
  • Lam Dong
  • Lang Son
  • Nam Dinh
  • Nghe An
  • Ninh Binh
  • Ninh Thuan
  • Phu Tho
  • Phu Yen
  • Quang Binh
  • Quang Nam
  • Quang Ngai
  • Quang Ninh
  • Quang Tri
  • Soc Trang
  • Son La
  • Thanh Hoa
  • Thai Binh
  • Thai Nguyen
  • Thua Thien Hue
  • Tien Giang
  • Tra Vinh
  • Tuyen Quang
  • Tay Ninh
  • Vinh Long
  • Vinh Phuc
  • Vung Tau
  • Yen Bai

VN forecast to lead economic growth next decade

VGP - The 2020s are set to be the Asian decade, with the continent dominating an exclusive list of economies expected to sustain growth rates of around 7%, according to a research note on May 12 from Madhur Jha, Standard Chartered’s India-based head of thematic research, and global chief economist David Mann.

May 13, 2019 8:42 AM GMT+7

Illustration photo

That’ll be a boon to per-capita incomes, with Viet Nam’s soaring to US$10,400 in 2030 from about US$2,500 last year, they estimate.

According to the research note, India, Bangladesh, Viet Nam, Myanmar and the Philippines should all meet that benchmark. 

Ethiopia and Côte d’Ivoire are also likely to reach the 7% growth pace, which typically means a doubling of gross domestic product every ten years.

That’ll be a boon to per-capita incomes, with Viet Nam’s soaring toUS$10,400 in 2030 from about US$2,500 last year, they estimate.

That’ll be a boon to per-capita incomes, with Viet Nam’s soaring to US$10,400 in 2030 from about US$2,500 last year, they estimate.

The Asian dominance of the list is a change from 2010, when the bank first started tracking the economies it expected to grow by around 7%. Back then, there were ten members evenly split between Asia and Africa: China, India, Indonesia, Bangladesh, Viet Nam, Nigeria, Ethiopia, Tanzania, Uganda, and Mozambique./. 

By Kim Loan