Vietnam's growing middle class fueling demand for study abroad Vietnam's middle class population has been expanding massively as well, expectedly climbing to 95 million by 2030, according to predictions by Nielsen. Lost Seoul: South Korean middle-class dreams spoiled by soaring house ... The Boston Consulting Group says Vietnam's "middle and affluent class" is expected to double to 33 million people by 2020. HANOI -- The Communist Party of Vietnam on Tuesday officially kicked off its twice-a-decade National Congress by highlighting a big agenda item -- goals it intends to set that will point the. Some claimed elite backgrounds. MIDDLE CLASS TICKET. Overview: Development news, research, data | World Bank Third of the nation reaching prosperity by 2020 You can also contact us via email, phone or Skype. Vietnam has been a development success story. According to experts, Vietnamese middle class people have monthly income of 15 million VND (equivalent to about 700 USD) or more. Fueled by the rising incomes that result from hard work and ambition, 50 million new consumers will join the ranks of the middle class in Indonesia, Malaysia, the Philippines, Thailand and Vietnam by 2022, contributing to the region's $300 billion middle-class . Upper middle class - Wikipedia In comparison, middle class membership in the Americas is . COVID-19 Shrank India's Burgeoning Middle Class - The Diplomat there are optimistic estimates about the growing middle class, and vietnam is often referred to as the place where this segment is growing the fastest in southeast asia, 1 from 12 million in 2012, it is predicted to reach 33 million in 2020, that is around 1/3 of population which is predicted to reach 97 million by that time. About half of American households, 52%, were considered middle-class, while 29% were lower-class. Market Report - Vietnam - Economics - BMI Structure of Vietnam Middle Class Major social changes by 2035 ¥ The poverty rate will be reduced to 1% ¥ More than half of VietnamÕs population will join the global middle income Global Middle Class: >15.00 USD PPP/day Emerging Consumers: 5.50 - 15.00 USD PPP/day People close to Poverty Lines: 3.10 - 5.50 USD PPP/day Poor: <3.10 USD PPP/day

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