Vietnam and Philippines among world’s top 25 economies by 2038, says British think tank


Illustrative image by Vietnam News/ANN

HANOI (Vietnam News/ANN): Vietnam and the Philippines are the two economies in South-East Asia that are projected to make a big leap in the World Economic League Table (WELT) between 2023 and 2038, according to the Centre for Economics and Business Research (CEBR).

It forecasts that Vietnam will move swiftly up the WELT rankings, from 34th position in 2023 to 24th in 2033 and 21st in 2038 while the Philippines will reach 23rd place by 2038.

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