Vietnam among Asia’s 15 largest economies

Vietnam’s economy is rapidly growing due to manufacturing and foreign investment, making it a rising economic force in Southeast Asia. While China, Japan, and India lead in the region, Vietnam’s 7% projected growth in 2024 is among the fastest growing in the region and the world.

   Indonesia leads Southeast Asia with a projected US$1.5 trillion economy in 2025, driven by natural resources and a growing middle class. Singapore, known for finance and location, projects a US$562 billion economy.

Thailand and the Philippines follow with projected economies of US$545 billion and US$508 billion, respectively, fueled by tourism, manufacturing, and a young workforce. Malaysia, Bangladesh, and Iran also rank among the top 15 economies in the region.

 Vietnam’s strong economic performance positions it as a key player in Southeast Asia’s growth trajectory.