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Browse Profiles > Vietnam > Business Indicators

	Score	Rank
Standards Compliance Index	8.33 out of 100	74
Business Indicator Index	3.49 out of 12	78

Vietnam

Business Indicators

With an overall score of 3.49/12, Vietnam is below standard on the economic, legal, and political indicators that make up our Business Index. Vietnam has a market-based statist economy. In 2003, government consumption equaled 6.9 percent of GDP, and 12.12 percent of government revenues came from state-owned enterprises and government ownership of property. Vietnam encourages foreign investment and the government is working to improve the business climate. However, the investment environment is difficult, because the economy is in transition. There are laws to protect property rights and contractual agreements but enforcement is lacking, in part due to lengthy processes and corrupt judges. Corruption is extensive, as reflected by Vietnam's ranking of 111th out of 163 countries in Transparency International's 2006 Corruption Perceptions Index.

Business Indicators

Forex Regulations - Capital Controls

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