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Vietnam moves up in Asia Power Index

Vietnam moved up one spot to rank 12th out of 26 countries and territories in the 2020 Asia Power Index conducted by the Lowy Institute, an independent think-tank in Australia.
Vietnam moves up in Asia Power Index ảnh 1Vietnam's rank in the 2020 Asia Power Index (Photo: Lowy Institute)

Sydney (VNA) - Vietnam moved up one spotto rank 12th out of ཧ26 countries and territories in the 2020 Asia Power Index conductedby the Lowy Institute, an independent think-tank in Australia.

Vietnam’s rank improved thanks to gains indiplomatic influence, in which it was placed 9th, up three places against lastyear. The institute noted that Vietnam has effectively takenpart in regional forums and trade initiatives, in promoting talks over theRegional Comprehensive Economic Partnership (RCEP) as Chair of ASEAN this year,and the implementation of the Comprehensive and Progressive Agreement forTrans-Pacific Partnership (CPTPP) with 10 other signatories. The country also saw notable improvements in itsscore for economic capability and jumped three places in defence networksmeasures. Vietnam’s rank in 2019 was also up one place fromthe previous year, attributed to achievements in economic capability and futureresources. The top five remains unchanged from last year, with theUS first, followed by China, Japan, India, and Russia. The annual Asia Power Index, launched in 2018,measures resources and influence to rank the relative power of states andterritories in Asia-Pacific across thematic measures for military capabilityand defence networks, economic capability and relationships, diplomatic andcultural influence, as well as resilience and future resources./.
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