Viet Nam to become the 4th largest economy in Southeast Asia: IMF


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Viet Nam's GDP is estimated to reach US$340.6 billion this year, making it the fourth-largest economy in Southeast Asia. This is revealed in the International Monetary Fund (IMF) World Economic Outlook released on Tuesday. Accordingly, Viet Nam is the only country in Southeast Asia which is forecasted to have positive growth this year, at 1.6 per cent and will reach 6.7 per cent by 2021. IMF forecasts Viet Nam's economy will rank fourth in Southeast Asia this year, surpassing Singapore and Malaysia. Specifically, the country's GDP is estimated to reach US$340.6 billion, exceeding Singapore with $337.5 billion and Malaysia with...