1
Back in 1990, Vietnam’s per capita GDP was $122 — one-thirteenth that of Thailand’s, one-seventh of the Philippines’ and one-sixth of Indonesia’s.
2
After Vietnam’s economy was liberalized and foreign investment flowed in over the following decades, per capita GDP rose to exceed $2,000 in 2012 and $3,000 in 2018.
3
As of 2024, Vietnam’s per capita GDP has overtaken that of the Philippines — and is close to reaching Indonesia’s.
4
Vietnam’s GDP has increased at…