Vietnam to be fastest-growing ASEAN economy in 2022, Cambodia to be top in 2026, says IMF

[geovalin]

Vietnam is forecast to lead the fastest growing ASEAN economies in 2022, according to a recent report of the International Monetary Fund (IMF). In its World Economic Outlook released earlier this week, IMF predicted Vietnam’s 2022 economic growth at 7.2 percent, followed by the Philippines (6.5 percent), and Malaysia and Cambodia (both 6 percent). Cambodia is forecast to become the fastest growing one in the region in 2026, with GDP expansion of 6.8 percent.

 

The regional economies recording high GDP growth this year will be the Philippines (6.9 percent), Malaysia and Vietnam (both 6.5 percent), Singapore (5.2 percent), Laos (4.6 percent), Indonesia (4.3 percent), and Cambodia (4.2 percent).

 

In 2020, some ASEAN economies experienced strong contraction due to the impacts of the COVID-19 pandemic: The Philippines (9.5 percent), Thailand (6.1 percent), Malaysia (5.6 percent), Singapore (5.4 percent), and Cambodia (3.5 percent).

 

read more https://www.khmertimeskh.com/50837425/vietnam-to-be-fastest-growing-asean-economy-in-2022-cambodia-to-be-top-in-2026-says-imf/

[Isaan sailor]

Could be a lesson here for Thailand.  Vietnam regards China as a competitor. Thailand regards China as a benevolent trading partner.

[Destiny1990]

Gosh could be because Vietnam Cambodia and Phillipines happily welcomed  these dissatisfied long term staying foreigners in Thailand.

[bangon04]

"Cambodia is forecast to become the fastest growing one in the region in 2026, with GDP expansion of 6.8 percent."

 

by which time it will have been renamed as a fully integrated province of the PRC...