Entrepreneurship model of Vietnam and Singapore

In comparison with the size of Vietnam's and Singapore economies, in terms of the size of Vietnam's economy, it is 27% higher than Singapore, but in terms of per capita income according to purchasing power parity, Singaporeans are high. about 13.3 times higher than Vietnam, and at current prices 24 times higher. Vietnam will surpass Singapore from 2026. According to the rule of economic development, the higher the average income of countries, the slower the growth rate. Low-middle income countries like Vietnam often have higher growth rates than high-income countries. Singapore is now one of the countries with the highest per capita income in the world, while Vietnam is still in the lowest group in the world, so Vietnam's economic growth is much higher than Singapore.