Macro Monday 52
Vietnam – A Global Food Supply Giant & Diverse Manufacturer
According to a report by global wealth intelligence firm New World Wealth and investment, Vietnam is forecast to see a 125% increase in wealth over the next 10 years. This would be the largest expansion in wealth of any country in terms of GDP per capita and number of millionaires,...
The relatively small economy is one of the "big" Southeast Asian states in terms of economic growth. The gross domestic product of the Asian developing countries was $ 216 billion in 2017 and is expected to grow by 6.5 percent in 2018.
Despite an authoritarian communist regime, the market is considered open, privatization of state-owned enterprises is progressing...