Vietnam has surpassed Singapore in GDP. However, only when the Vietnamese income per capita increases will people be able to truly rejoice. SEE MORE Standard Chartered expects Việt Nam’s economy to grow by 3 per cent in 2020 and surge to 7.8 per cent in 2021. Rising consumption on improving sentiment, and faster manufacturing will drive growth in the last quarter of this year. SEE MORE State auditors have found incorrect application of land rent remission policy in some provinces that did not adjust land rents after the rent stabilization period expired. SEE MORE The Vietnam Institute for Economic and Policy Research (VEPR) estimated local GDP growth for this year at between 2.6 per cent and 2.8 per cent at a workshop yesterday in Hanoi, lower than the 3.8 per cent it forecast in July. SEE MORE China’s economic recovery accelerated in the third quarter as consumers shook off their coronavirus caution, although the weaker-than-expected headline growth suggested persistent risks for one of the few drivers of global demand. SEE MORE