With an overall score of 24.5 out of 100, Vietnam did better than its Southeast Asian neighbors like the Philippines (44th), Cambodia (55th) and Myanmar (58th), according to a report released by U.S. News and World Report, an American media company that publishes news, analysis, consumer advice, and rankings. In Southeast Asia, Vietnam was ranked below Singapore (14th), Thailand (28th), Malaysia (36th) and Indonesia (37th). The report ranked 78 countries and territories around the world based on nine categories: adventure, citizenship, cultural influence, entrepreneurship, heritage, movers (economic growth rate based on 2019 GDP figures), openness for business, power and quality of life that have the potential to drive trade, travel and investment and directly affect national economies. The report used data gathered from a proprietary survey of more than 17,000 business leaders; college educated individuals in America, Asia, Europe, the Middle East and Africa that are middle class or higher; and general citizens who are nationally representative of their country. Vietnam performed best in power, heritage, openness for business and mover categories. The nation was one of the best performing economies in the world with its GDP having grown at 7.02 percent in 2019. Vietnam’s GDP reached an all-time high… Read full this story
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