According to a recent press release of the International Monetary Fund (IMF), Vietnam’s gross domestic product (GDP) will reach US$571.1 billion by 2025, surpassing the Philippines and Singapore to become the third largest economy in the Southeast Asia.

The Vietnam Briefing of Dezan Shira & Associates group published an article on December 31 stating that foreign investors continue to be confident about the local economy’s growth prospects ahead in 2022, despite the negative impact of the COVID-19 pandemic