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.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Aseanplus News

Privatisation must improve workers’ lives, says Anwar
Tighter controls at entry points help curb illegal activities, says IGP
Six arrested over suspected baby trafficking
PLUS expects up to 2.2 million vehicles daily during Merdeka, school holiday peak period
Student dies in collision with ambulance in Jasin
School in Bangkok shifts classes home over threat messages
MAG strengthens safety, reliability with improved operational performance
National Day celebrations may be changed due to haze, says Fahmi
Pink petunias in full bloom delight visitors at Japan farm
Restaurant chef in Singapore sexually assaulted girl, 11, while staff and customers were present

Others Also Read