Vietnam 2011 Infrastructure and Technological Readiness
WEF's Global Competitiveness Report (GCI) for Vietnam:
Infrastructure and Technological Readiness Rankings
(Source: www.weforum.org; table by: Business-in-Asia.com)
The World Economic Forum (WEF)'s Global Competitiveness Report (GCI) is an annual report published by the World Economic Forum since 1979. The 2011-2012 report covers 142 major and emerging economies. The Global Competitiveness Index measures the set of institutions, policies, and factors that set the sustainable current and medium-term levels of economic prosperity, depending on how productively a country uses available resources.
WEF Comments for Vietnam 2011-2012
"..the challenges going forward are numerous and significant. Infrastructure, strained by rapid economic growth, remains a major challenge for the country despite some improvement in recent years, with particular concerns about the quality of roads (123rd) and ports (111th)."
More detailed analysis of the report:
The Global Competitiveness Index measures the set of institutions, policies, and factors that set the sustainable current and medium-term levels of economic prosperity, depending on how productively a country uses available resources.
Property rights, Intellectual property protection, Irregular payments and bribes, Favoritism in decisions of government officials, Wastefulness of government spending, Burden of government regulation, Efficiency of legal framework in settling disputes, Transparency of government policymaking, Business costs of terrorism, Business costs of crime and violence, Strength of investor protection
Vietnam: Infrastructure & Technological readiness
Quality of overall infrastructure (road, port, airport), Quality of electricity supply, Fixed telephone lines/100 pop, Mobile telephone subscriptions, Availability of latest technologies, DI and technology transfer, Internet users, Broadband Internet subscriptions, Internet bandwidth
annual % change
Vietnam: Education and Training
Quality of primary education, Primary education enrollment, Secondary education enrollment, Quality of the educational system, Quality of math and science education, Quality of management schools, Internet access in schools, Availability of research and training services, Extent of staff training
Vietnam: Goods market efficiency
Intensity of local competition, Extent of market dominance, Extent and effect of taxation, Total tax rate, No. procedures and days to start a business, Business impact of rules on FDI, Buyer sophistication
Vietnam: Labor market efficiency
Cooperation in labor-employer relations, Rigidity of employment, Brain drain
Vietnam: Market size
Domestic market size, Foreign market size
Vietnam: Business sophistication & Innovation
Local supplier quantity, Local supplier quality, State of cluster development, Extent of marketing.
Capacity for innovation, Quality of scientific research institutions, vailability of scientists and engineers