• An Giang
  • Binh Duong
  • Binh Phuoc
  • Binh Thuan
  • Binh Dinh
  • Bac Lieu
  • Bac Giang
  • Bac Kan
  • Bac Ninh
  • Ben Tre
  • Cao Bang
  • Ca Mau
  • Can Tho
  • Dien Bien
  • Da Nang
  • Da Lat
  • Dak Lak
  • Dak Nong
  • Dong Nai
  • Dong Thap
  • Gia Lai
  • Ha Noi
  • Ho Chi Minh
  • Ha Giang
  • Ha Nam
  • Ha Tinh
  • Hoa Binh
  • Hung Yen
  • Hai Duong
  • Hai Phong
  • Hau Giang
  • Khanh Hoa
  • Kien Giang
  • Kon Tum
  • Lai Chau
  • Long An
  • Lao Cai
  • Lam Dong
  • Lang Son
  • Nam Dinh
  • Nghe An
  • Ninh Binh
  • Ninh Thuan
  • Phu Tho
  • Phu Yen
  • Quang Binh
  • Quang Nam
  • Quang Ngai
  • Quang Ninh
  • Quang Tri
  • Soc Trang
  • Son La
  • Thanh Hoa
  • Thai Binh
  • Thai Nguyen
  • Thua Thien Hue
  • Tien Giang
  • Tra Vinh
  • Tuyen Quang
  • Tay Ninh
  • Vinh Long
  • Vinh Phuc
  • Vung Tau
  • Yen Bai

VN ranks fifth in global trade connectedness

VGP - Viet Nam was ranked fifth in terms of global trade connectedness, according to the DHL Global Connectedness Index 2020 (GCI 2020) report which was jointly released by the US New York University Stern School of Business and Germany-based DHL Logistics Company.

December 09, 2020 4:40 PM GMT+7

According to the report, Viet Nam was particularly strong in depth as it was the top outperformer, though it also outperformed on breadth.

The country’s best performance was on the trade pillar, ranking fifth overall, the report said, noting that Viet Nam has become a serious competitor to China not only in textiles manufacturing but also increasingly in high tech products.

It also put Viet Nam among the 10 countries with the largest outperformance, adding that half of these top 10 countries are located in Southeast Asia, a region where countries tend to have unusually high trade depth.

Southeast Asian countries benefit from linkages with wider Asian supply chain networks as well as ASEAN policy initiatives promoting regional economic integration, the report says.

Shoeib Reza Choudhury, CEO of DHL Express Viet Nam, said Viet Nam was one of the top destinations of companies seeking to diversify their manufacturing base, drawn by the young labor force, trade pacts and social stability.

The GCI measures each country’s global connectedness based both on the size of its international flows relative to the size of its domestic economy (depth) and the extent to which its international flows are distributed globally or more narrowly focused (breadth).

By Thuy Dung