Hanoi, May 1 -- The Centre for Economic and Business Research (CEBR), in its report "World Economic League Table 2022", forecasts that Vietnam will become the second-largest economy in Southeast Asia after Indonesia and the 20th-largest economy in the world by 2036.

The report pointed out that, as of 2021, Vietnam was estimated to have a purchasing power parity adjusted GDP per capita of 11,608 USD.

It said Vietnam's economic growth story has been nothing short of a miracle, with the doi moi reform in the mid-1980's, coupled with favourable global trends, enabling the nation to achieve rapid economic growth and propelling the country from a poor country to a lower-middle-class country.

Vietnam aspires to attain a high-income status by ...