Vietnam is now regarded as one of the five "tiger cup economies" in the region, with bright spots in exports and international integration, said Prof. Dr. Joseph Van Vo, President of the Association of Vietnamese Scientists and Experts (AVSE Global).

Experts in Singapore believe that innovation represents a breakthrough path for Vietnam, which is advancing to the new era - that of the nation's rise.

Vietnam has gained significant achievements in the cause of national development over the years, according to an article by Czech Republic newspaper Halo Noviny.

Vietnam has been appraised for its successful development model thanks to impressive economic growth and radical reform to attract investment, particularly after the country joined APEC forum in 1998, said PhD Arisman, director of the Centre for Southeast Asian Studies (CSEAS).