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Philippines. Vietnam. The Philippines–Vietnam relations refers to the bilateral relations of the Republic of the Philippines and the Socialist Republic of Vietnam. Since the end of the Cold War, relations between the two countries have warmed significantly. Vietnam is sometimes referred to as the only communist military ally of the Philippines.
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2024, the Philippine economy is estimated to be at ₱26.55 trillion ($471.5 billion), making it the world's 32nd largest by nominal GDP and 13th largest in Asia according to the International Monetary Fund.
GDP per capita development in Vietnam. The economy of Vietnam is a developing mixed socialist-oriented market economy. [ 3 ] It is the 33rd-largest economy in the world by nominal gross domestic product (GDP) and the 26th-largest economy in the world by purchasing power parity (PPP). It is a lower-middle income country with a low cost of living.
The Philippines and Vietnam signed agreements Tuesday to prevent incidents in the South China Sea and broaden cooperation between their coast guards in a growing alliance that will likely be ...
Vietnam and the Philippines on Friday agreed to advance defence and military relations, including deeper collaboration on maritime security, in a significant step by two countries long at odds ...
The Philippines and Vietnam will kick off their first-ever joint coast guard exercise in the Manila Bay this week, in line with a commitment by both countries to boost maritime cooperation. The ...
Rank Country Population in million GDP Nominal millions of USD GDP Nominal per capita USD GDP (PPP) millions of USD GDP (PPP) per capita USD — ASEAN 685.567: 3,862,060
Nominal GDP IMF 2024 [1]; World rank Country GDP (US$ millions) GDP per capita (nominal) 1 16 Indonesia 1,475,690 5,509 2 26 Thailand 548,890 7,557 3 31 Singapore 525,230 ...