Vietnam placed fifth in global trade connectedness in 2019
(VOVWORLD) - Vietnam was ranked fifth in terms of global trade connectedness last year, up five places from the previous ranking in 2017, according to a report jointly released by the US’s New York University Stern School of Business and logistics giant DHL.
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 The Tan Cang-Cai Mep International Port in the southern province of Ba Ria-Vung Tau.
(Photo: Shutterstock/Hien Phung Thu)
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Overall, Vietnam was the top ranked lower-middle-income country, at 38th among 169 countries and territories worldwide in the DHL Global Connectedness Index (GCI) 2020.
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 and the extent to which its international flows are distributed globally or more narrowly focused.
It also put Vietnam among the 10 countries with the largest outperformance, which include Cambodia, Singapore, Malaysia, the Netherlands, Malta, the United Arab Emirates, and Thailand.