Vietnam’s China-Linked Growth Brings It Closer to Thailand’s GDP

Vietnam’s economy is growing rapidly through China-linked supply chains and exports, bringing it closer to Thailand’s GDP.
Vietnamese garment factory in Ho Chi Minh City on April 3, 2025. Vietnam’s economy is growing rapidly through China-linked supply chains and exports, bringing it closer to Thailand’s GDP. (Photo by Huu Kha / AFP)

Vietnam’s economy is expanding quickly enough to close on Thailand in nominal gross domestic product, driven by state-led investment and export growth. Thailand is facing slower growth.

Vietnam could potentially overtake Thailand in nominal gross domestic product this year or next, depending on growth outcomes and currency movements, according to projections cited by Nikkei Asia.

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by Edwin Shri Bimo

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