Vietnam ranks 12th among Asia’s most powerful countries

QNN |

VOV.VN - Vietnam has been ranked 12th out of 26 countries in terms of comprehensive power in Asia, achieving an overall score of 17.5 out of 100, Lowy Institute outlined in its recent report.

The 2023 Comprehensive Power Ranking. (Photo: Lowy Institute's 2023 Asia Power Index)
The 2023 Comprehensive Power Ranking. (Photo: Lowy Institute's 2023 Asia Power Index)
 

According to details in the report, Vietnam represents a middle power in Asia, whilst the country lost 0.8 points in terms of its overall power compared to 2021.

Lowy Institute noted that the country performed best in the diplomatic influence measure, ranking ninth, with this being a result of its proactive diplomatic outreach with a diverse set of partners.

Most notably, resilience remains the country’s weakest measure, with the nation ranking 19th, partially reflecting its contested maritime boundaries in the East Sea, Lowy stated.

Furthermore, institute commented that the country’s most significant declines in 2022 were in terms of the defence networks measure, where the country dropped down to 15th.

“Vietnam exerts more influence in the region than expected given its available resources, as indicated by the country’s positive power gap score, which improved in 2022,” it noted.

Vietnam does most of its trade with China, the United States, the Republic of Korea, the EU, and Japan. In addition, Laos, Cambodia, the Republic of Korea, China, and Thailand were deemed to be the five countries most reliant on trade with the nation.

VOV

TAGS

Vietnam offers US$200,000 in relief aid to Turkey, Syria quake victims

QNN |

VOV.VN - Vietnam will provide Turkey and Syria with US$100,000 each as relief aid to support their recovery efforts following a devastating earthquake that hit both countries on February 6, announced Prime Minister Pham Minh Chinh.

Brunei media highlights PM Chinh's visit as testament to close-knit ties with Vietnam

QNN |

VOV.VN - Brunei media have ran numerous articles highlighting Prime Minister Pham Minh Chinh’s visit to the country as a testament to the close-knit bilateral diplomatic ties with Vietnam.

Red River Delta asked to lead Vietnam’s economic restructuring

QNN |

Hanoi (VNA) - Prime Minister Pham Minh Chinh on February 12 asked to the Red River Delta region to make most of its potential and advantages for rapid and sustainable development so as to lead the country’s economic restructuring and growth model transformation.

Singapore businesses view Vietnam as a rising star in the region

QNN |

VOV.VN - More than 500 executives attended a Vietnam – Singapore business forum on February 10 as part of Vietnamese Prime Minister Pham Minh Chinh’s ongoing visit to Singapore.