Viet Nam Human Rights
Move forward on global scale
24/10/19
Viet Nam has made it among the 45 largest economies on the globe thanks to tremendous achievements in socio-economic development.
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Current global rankings of Viet Nam's economy size, competitiveness, innovation, cybersecurity, and investment attractiveness
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Average GDP in 2011-2018 was always higher than 6.2%. At the end of last year, the country's GDP reached over US$250 billion while GDP per capita was $2,600.
Global competitiveness index
Viet Nam jumped 10 notches to 67th out of 141 economies on the global competitiveness ranking, according to the 2019 Global Competitiveness Report released by the World Economic Forum (WEF).
With the latest ranking, Viet Nam is the country whose score improves the most globally, says the report.
The Southeast Asian country scored 61.5 points, up 3.5 points compared to 2018. This is Viet Nam's highest ranking so far.
Global innovation index
Viet Nam has jumped three ranks on the 2019 Global Innovation Index (GII) to place 42nd out of 129 economies around the world.
The latest ranking was announced by the World Intellectual Property Organisation (WIPO) in New Delhi, India last month.
With this jump, Việt Nam has leapt 17 spots since 2016. This year’s result is also the highest ranking Việt Nam has ever achieved.
Global cybersecurity index
Viet Nam ranked 50th on the Global Cybersecurity Index (CGI) rankings in 2018, up 50 places from a year earlier, according to a report by the International Telecommunications Union (ITU).
With a score of 0.693, Viet Nam ranked 11th in the Asia-Pacific region, which was topped by Singapore, Malaysia and Australia.
The Southeast Asian country’s outstanding performance has exceeded the initial target of climbing to the 70th position.
Top destinations for investment
U.S. News & World Report released the ranking of the best economies to invest in 2019, in which Viet Nam surpassed its Southeast Asian peers including Malaysia, Indonesia, and Singapore to rank eighth compared to 23rd last year.
According to the report, economic policy reforms initiated in 1986 have helped turn Viet Nam into a more modern, competitive nation.
Viet Nam’s continued efforts to lessen international isolation are shown by joining of the World Trade Organization in 2007 and participation in free trade negotiations with the Trans-Pacific Partnership in 2010./.
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All comments [ 20 ]
Key factors helping us to achieve such economic progress are attributed to the Party and Government’s guidelines and policies.
we’ll continue to achieve remarkable socio-economic success.
Though many difficulties and challenges are still ahead, with firm confidence in the Party and Government’s policies, we will achieve many more successes
I’m confident that with concerted efforts from people of all walks of life, this year will be a successful one for Việt Nam.
Việt Nam had to try harder to match other nations in the region and around the world.
That was the driving force for Việt Nam to exert its efforts to achieve all targets
Việt Nam’s economic picture is very positive
What’s more important is that the achievement is comprehensive in all fields and sectors.
According to the World Bank, Việt Nam is among countries achieving the highest GDP growth
the most impressive point for our national economy is that the resistance of our economy has jumped significantly in the international ranking.
Though we faced many ups and downs in the global economic situation, we were still able to achieve a high and stable growth rate.
the autonomy of our national economy has improved considerably.
Many difficulties and challenges lie ahead, particularly with the global economic experiencing some instability.
the world will experience a slow growth rate, including in international trade. It is projected that the growth of the US and Chinese economies will also slow down compared to previous years.
Though we have achieved remarkable progress in economic development, our economy remains small with low competitiveness and productivity.
climate change, natural calamities and epidemics are still hanging over our economy.
Việt Nam’s achievements demonstrated the country’s economic resilience, thanks to strong growth in its exports, processing and manufacturing industries.
This year is very important for the country to achieve its five year national economic plan in the period 2016-2020 and a firm foundation for the up coming 10 years socio-economic programme towards a goal of a prosperous Việt Nam.
Việt Nam officially became the 7th member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on January 14. This is very important factor for the country to expand and develop its market.
the flow of global investment funds will experience a big change and Việt Nam remain lucrative and attractive venues for investors.
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