GCI - VN

From 2020 until now, because of what problem does GCI assessments and ranking reports have not been published in detail as in previous years?

• financial crisis

• covid 19

• conflict

• war

What are the factors of VN's GCI ranking has steadily improved over the past decade, reflecting its commitment to economic reform and development?

• political stability and social cohesion

• investment in infrastructure, education, and healthcare

• natural resource abundance

• cultural heritage preservation

Vietnam has shown notable improvement in areas such as

• environmental sustainability and conservation efforts

• technological readiness and market efficiency

• international diplomatic relations

• military power and defense capabilities

Key challenges facing Vietnam in enhancing its global competitiveness include

• improving labor productivity and narrowing the skills gap

• expanding military capabilities and territorial defense

• increasing government control over media and information flow

• enhancing cultural heritage preservation efforts

Vietnam's Global Competitiveness Index ranking compares favorably to neighboring countries in Southeast Asia, with Vietnam often outperforming its peers in certain areas such as

• historical landmarks and tourist attractions

• natural disaster preparedness and emergency response

• infrastructure development and market efficiency

• political stability and social cohesion

Government policies and initiatives have played a crucial role in boosting Vietnam's global competitiveness, particularly through

• economic liberalization, trade agreements, and investment incentives

• increasing government regulations and bureaucratic control

• nationalization of key industries and resources

• isolationist policies and restrictions on foreign investment

Vietnam's performance in innovation and technology adoption has been instrumental in enhancing its global competitiveness, driven by initiatives such as

• focus on religious and cultural practices

• promotion of traditional handicrafts and artisanal skills

• increased censorship and restriction of internet access

• national strategy for science, technology, and innovation

Key sectors driving Vietnam's competitiveness include

• manufacturing, agriculture, tourism, and technology

• military defense and arms manufacturing

• heavy reliance on natural resource extraction

• government bureaucracy and administrative services

Vietnam leverages its strategic geographical position as a gateway to Southeast Asia and its participation in regional economic partnerships such as

• increasing isolation from international trade and cooperation

• ASEAN and free trade agreements

• limited engagement in regional affairs and cooperation

• strengthening borders and limiting cross-border trade

Vietnam's improving global competitiveness enhances its attractiveness to foreign investors, stimulates trade relations, and drives economic growth within the region and beyond by

• fostering a competitive business environment

• imposing strict regulations and barriers to entry for foreign investors

• limiting foreign investment and promoting self-reliance

• emphasizing cultural and historical tourism over economic development