Shipping containers are seen at a port in Hai Phong city, Vietnam July 12, 2018. Photo by Reuters/Kham. The Trade20 Index recently released by British lender Standard Chartered Bank ranks 20 economies out of the 66 based on 12 metrics across three pillars: economic dynamism, trade readiness and export diversity. The economic dynamism pillar was measured by inward foreign direct investments (FDI), export volume growth and GDP growth. Trade readiness refers to the market’s foundations to support future trade growth, and was measured by factors such as the quality of trade and transport infrastructure and ease of doing business, while export diversity was measured by export count. Vietnam showed the strongest progress in trade growth potential of all Southeast Asian markets, driven by improvements to its trade readiness and economic dynamism. Its improving strength in trade readiness is due to infrastructure enhancements and improvements to its ease of doing business score, while its economic dynamism is driven by healthy growth, particularly in terms of export volumes, the report said. Ricky Kaura, transaction banking head of East, Standard Chartered, said: “The Vietnamese economy is the fastest-growing in the region, which has benefited from an open economy. The government has reached free… Read full this story
- 1993 World Trade Center Bombing Fast Facts
- Lewis Hamilton: F1 chief makes significant sixth world championship admission
- What are World Trade Organisation terms and what exactly do they mean?
- Trump dines with Kim as world waits on potential deal
- Trump set to dine with Kim as world waits on potential deal
- Standard Chartered takes $900m charge for regulator fines
- World economic growth forecasts cut amid trade concerns
- NY Governor Cuomo Celebrates Allowing Abortion Up Until Birth, Orders World Trade Center Lit Pink
- Explosion, smoke, fire at World Trade Center
- World Trade Center Lit Up In Pink To Celebrate Abortion Bill
Vietnam sixth in world's trade growth potential ranking list: Standard Chartered have 292 words, post on english.vov.vn at September 28, 2019. This is cached page on VietMaz. If you want remove this page, please contact us.