"Vietnam is to be the worlds 14th biggest economy by 2050 with GDPs growth rate at 8.8 percent - the highest in the world - when measured against purchasing power parities (PPP), said PricewaterhouseCoopers.
According to a forecast by the UK financial consulting firm, Vietnams GDP is projected at US$3,939 billion by 2050.
The ranking that takes into account price differences among countries means the Vietnamese economy will be bigger than developed nations like Italy, Canada, South Korea, and Spain.
The Southeast Asian countrys average annual real growth rate in GDP between 2009 and 2050 is estimated at 8.8 percent, the highest in world.
Chinas GDP is expected to grow 5.9 percent on the average while its rival India is predicted to achieve an 8.1 percent rise during the same period."
http://english.vietnamnet.vn/en/business/3868/business-in-brief-17-1.html
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