Vietnam has climbed three places to the 40th in the 2021 Best Countries Report, according to a ranking and analysis project by the US News & World Report.

Vietnam has gained the achievement thanks to power, heritage, and openness for business.

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), the report said.

In Southeast Asia, Vietnam was ranked below Singapore (14th), Thailand (28th), Malaysia (36th) and Indonesia (37th).

Foreigners are excited when walking around Hoan Kiem Lake in Hanoi. Photo: Hanoitimes

In terms of heritage, Vietnam, home to eight world heritage sites recognized by UNESCO, stood at 25th globally while in terms of openness for business, the country ranked 21st.

For the power category that measures a country's political and economic influences, international alliance and military, Vietnam rose six places to 25th, surpassing neighbors in Asia-Pacific like New Zealand, Thailand, Indonesia and Malaysia.

However, it did not fare well in terms of cultural influence, entrepreneurship, social purpose, and quality of life.

This year, the model that powers this report has evolved in response to a transformational year since the start of the Covid-19 pandemic. Cultural, economic, political and technological influences remain important. Two new categories have been added, which are social purpose and agility. Together, this broad range of categories determines how the 78 countries studied are ranked on the world stage.

"Nations are impacted on many critical fronts by how they are perceived globally – from foreign relations to international business to tourism. These perceptions are ever-evolving in a rapidly changing world," said Kim Castro, editor and chief content officer at the US News.

"The 2021 Best Countries analysis combines data and storytelling to explore how countries compare on a host of global issues," he added.

For the first time, Canada takes the top spot overall in the 2021 Best Countries Report. Japan and Germany finish second and third, respectively, while Switzerland, the previous No.1 overall country, falls to No.4. Australia remains as the No.5 overall country followed by the United States, which rises one position to No.6.

Canada ranks No.1 in quality of life and social purpose. It is also perceived as having a good job market, caring about human rights and is committed to social justice. Besides, the country finished No.1 in being viewed as not corrupt and respecting property rights.

Hanoitimes

Vietnam climbs three spots in global soft power rankings

Vietnam has climbed up three spots to rank 47th out of 105 countries in Brand Finance’s Global Soft Power Index Report 2021.