Forbes Israel praises Vietnam’s political, economic and diplomatic achievements

Forbes Israel magazine has ran an article hailing Vietnam’s political, economic and diplomatic achievements and its success in the fight against the COVID-19 epidemic.

The article said Vietnam is one of the countries with the highest economic growth in the world as its GDP reached 7.02 percent last year. Vietnam has also enjoyed export surplus for 4 consecutive years. Forbes said this is attributable to Vietnam’s effort to improve its business environment and restructure its economy. In the Global Competitiveness Index (GCI) 2019, Vietnam jumped 10 places from last year to 67, making it the most improved country of 2019. The World Bank also spoke highly of Vietnam’s progress in improving its business environment in the last decade.

Forbes reported that Viet Nam has signed 12 free trade agreements with external partners so far, of which the Viet Nam-EU free trade agreement (EVFTA) and the comprehensive and progressive agreement for trans-pacific partnership (CPTPP) are the “new-generation” deals with higher and broader commitments.

Source: VOV5

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