Vietnam’s GDP surpassed Thailand’s by $4 billion on a purchasing power parity (PPP) basis, according to the latest data from Vietnam’s General Statistics Office, highlighting the country’s growing economic strength in the region.

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Vietnam’s GDP surpassed Thailand’s by $4 billion on a purchasing power parity (PPP) basis, according to the latest data from Vietnam’s General Statistics Office, highlighting the country’s growing economic strength in the region.

Vietnam is roaring to life as Asia’s next rising tiger, with the US-China rivalry catapulting its strategic significance. Seizing new economic opportunities and forging powerful diplomatic connections, the nation is rapidly accelerating growth and expanding its influence across the region

Vietnam’s seafood exports surged 13% in January, driven by strong demand from key Asian markets. The growth highlights the sector’s resilience amid global supply chain challenges, boosting the country’s trade outlook.

Vietnam’s Communist Party is actively seeking new ways to ignite economic growth by expanding private enterprise, marking a bold shift toward market-driven reforms in response to global competition and increasing domestic calls for innovation

The new U.S.-Vietnam trade deal signals a shift in economic ties, potentially reshaping Southeast Asia’s trade dynamics and regional influence as Washington seeks to counterbalance China’s dominance.

Weak demand has driven Vietnam’s rice export prices down to nearly a five-year low, highlighting sluggish global buying despite abundant supply. Market analysts caution that this trend could reshape the dynamics of regional rice trade