Region: Asia and Oceania
Global Rank: 76 of 125
Regional Rank: 15 of 19
Vietnam’s IPRI score increased by 0.146 to 5.075 placing it 15th in the Asia and Oceania region and 76th in the world. Vietnam is classified by the IMF as part of the Emerging and Developing Asia group and by the World Bank as Lower middle income country.
Vietnam’s Legal and Political Subindex increased by 0.332 to 4.809 with scores of 4.337 in Judicial Independence, 5.096 in Rule of Law, 5.596 in Political Stability, and 4.207 in Control of Corruption.
Vietnam’s Physical Property Rights Subindex increased by 0.185 to 5.980 with scores of 4.993 in perception of Property Rights Protection, 8.138 in Registering Property, and 4.809 in Ease of Access to Loans.
Vietnam’s Intellectual Property Rights Subindex decreased by -0.07 to 4.437 with scores of 4.263 in perception of Intellectual Property Protection, 6.85 in Patent Protection, and 2.2 in Copyright Protection.
Vietnam is a member of the following regional integration agreements
- Association of Southeast Asian Nations
- Comprehensive and Progresive Agreement for Trans-Pacific Partnership