Vietnam achieved a top-tier global ranking in operational efficiency, placing 16th among 101 economies with a score of 70.44 points in the World Bank's Business Ready 2025 report released on December 30, though challenges remain in other assessment areas, according to a report from the Vietnam News Agency.
The Southeast Asian nation secured its position in the first quintile – representing the top 20% globally – in the operational efficiency pillar, which measures how easily businesses can comply with regulations and use public services.
Vietnam joined 29 economies achieving top-quintile performance in one to three business areas.
According to the report, the country demonstrated exceptional strength in several areas, particularly utility services, where it scored 90.03 points – among the highest globally – and financial services at 80.32 points. Vietnam also performed well in business entry (76.62), labour (69.63), and international trade (62.48).
However, the nation scored in the third quintile for both regulatory framework (67.03 points) and public services (53.93 points), indicating substantial room for improvement in these areas.
Significant weaknesses emerged in business insolvency, where Vietnam scored only 35.66 points, and market competition at 47.61 points. These scores reveal critical gaps requiring targeted reforms to strengthen the business environment.
The World Bank noted that economies with a young workforce, including Vietnam, generally score lower across all assessment pillars compared to those with mature populations. The report emphasised that such economies face particular challenges in creating business environments conducive to job creation for expanding working-age populations.
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