Australia-based institute: Vietnam makes rapid progress in Asia-Pacific
Vietnam has made rapid progress in strategic and economic spheres over the past year, according to experts from the Australia-based Lowy Institute.
Tra fish processed for exports (Photo: VNA)Sydney (VNA) – Vietnam has made rapid progress in strategic and economic spheres over the past year, according to experts from the Australia-based Lowy Institute.
Vietnam was ranked 13th among the 25 countries and territories in the 2019 Asia Power Index, after New Zealand and Taiwan, according to a report released by the institute on May 29.
The institute conducts annual research on power ratings based on eight main criteria, including military capability, power-economic resources, diplomatic influence, and culture.
The US topped the list, followed by China and Japan. –VNA
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