Vietnam ranks 25th among most powerful countries globally
The US News & World Report newswire has released a list of the world’s most powerful countries in 2021, with Vietnam being placed at the 25th position in the power rankings.
The top 10 most powerful countries in the list include the United States, China, Russia, Germany, the UK, Japan, France, the Republic of Korea, Saudi Arabia, and the United Arab Emirates (UAE).
The rankings are based on a range of criteria, such as as leadership, economically influential, politically influential, strong international alliances, and possessing a strong military.
Overall, Vietnam ranks 25th in terms of the global power rankings, 10th in Asia, and second in Southeast Asia after Singapore.
According to the US News and World, despite Vietnamese economic influence not being particularly high, the Southeast Asian nation boasts strengths in its export activities.
The most powerful countries rankings are part of the annual Best Countries Rankings report which is compiled by BAV Group in partnership with the Wharton School of the University of Pennsylvania,
The list sees Vietnam rank 21st out of 80 countries in terms of openness for business, 25th in terms of cultural heritage as the nation possesses great food, a rich history, and many cultural attractions of interest.
Furthermore, the country is also in 32nd place in terms of quality of life due to affordable prices, political and economic stability, family-friendliness, and income equality.
Maintaining a high ranking and improving electricity access scores continue to be the mission of the reform program.
The recent recovery signs of domestic and international air routes stir hope of the sector for a strong rebound this year following a bad year in 2021 due to the COVID-19 pandemic.