Vietnam economy to grow 5.1% a year till 2050A report by the prestigious global accounting firm of PricewaterhouseCooper (PWC) predicts continued economic growth for Vietnam until 2050 period, with annual GDP increase of 5.1%, on average. PWC anticipates the country will grow on average 5.1 per cent per annum, making it one the world’s most rapidly progressing countries. The report predicted that by 2030, according to GDP based on PPP, Vietnam would climb up to No. 29 in the world with GDP at $1.3 trillion, and would continue to rise until 2050 to become the 20th largest economy with GDP of $3.17 trillion. Together with Nigeria and the Philippines, Vietnam could make the greatest jumps in the ranking system until 2050.

Source: VietNamNet News February 08, 2017 04:02 UTC