Posted 4/6/2024, 12:04:00 PM
Vietnam to Rank 6th in Asia's Fastest Growing Economies in 2024, Projected 5.8% Growth Rate
- Vietnam ranked 6th among fastest growing Asian economies in 2024, with 5.8% real GDP growth projected
- Macao topped the list, followed by India, Cambodia, Bangladesh, and the Philippines
- Within Southeast Asia, Indonesia was 10th, Malaysia 14th, Laos 18th, and Thailand 20th
- Asian economies expected to contribute over 60% of global economic growth in 2024
- Key challenges include China's real estate crisis, debt issues, supply chain inefficiencies, and rising transport costs
