Vietnam economy could be one of highest performers during 2005-2025 in the world
4/25/2009 11:40:00 AM

VietNam could be one of the countries with a high economic growth in the world during the period of 2005-2025 with an estimated average growth rate of 8% per year, citing a recent report released by Spain’s SEE economic analysis firm.

After analysing key factors such as capital accumulation, population growth, technological reform and transference, SEE confirmed that Vietnam, India, Philippines, China and Turkey are the countries that will achieve a high economic growth in the period. GDP of these nations will increase by 6-8% per annum on an average.

According to SEE, Asia and Latin America will push the global economic growth. Asia could gain an average growth of 5.7% per annum and Latin America can grow by 4.7%.

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