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Vietnam’s economic growth races ahead of Thailand’s putting it on track to overtake its net GDP by 2029

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Vietnam’s 9.95% growth puts Thailand’s economic lead in danger. With 31m more people and surging investment, Vietnam could become the larger economy by 2028–29. ( Source: Matichon )

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Summary

### Thailand’s economic lead is under pressure as Vietnam surges 9.95% in Q3 while Thai growth stays below 2%. Vietnam has 31m more people, a younger workforce and powerful investment momentum, putting a net GDP crossover within reach by 2028–29.

Vietnam is racing towards a historic economic reversal with Thailand after growth surged 9.95% in the third quarter. The kingdom remains richer and marginally larger, but its economy is expanding below 2%. Vietnam already has 31 million more people, a younger workforce and surging industrial investment. Now, IMF projections suggest it could overtake Thailand in total GDP by 2028–29.

Thailand’s once-commanding economic lead over Vietnam is disappearing at remarkable speed. Vietnam’s economy surged 9.95% in the third quarter of 2026. Thailand, by contrast, remains stuck below 2% growth. The neighbouring economies are now moving at radically different speeds.

Read full article at Thai Examiner →