we can officially say that Vietnam is wealthier than Singapore and Malaysia this year. Probably thanks to the China-US trade war, Vietnam got a boost in GDP. I think Vietnam will surpass Philippines and Thailand in the next 5-10 years. Indonesia will probably always be first because of the sheer size of their population.
Vietnam’s estimated GDP of $340.6 billion this year could exceed that of Singapore by nearly 1 percent for the first time, the IMF says.