Vietnam is one of the five countries with the most impressive results in terms of improving international trade connectivity and connectivity over the past two decades, according to a special report on the 10th anniversary of the publication of the Global Connectivity Index. request by DHL.
Vietnam's trade remains connected during the pandemic - Photo: HAI KIM
The remaining four countries include Mexico, the Netherlands, the Republic of Sierra Leone, and the United Arab Emirates.
According to this report, the above countries have adopted different methods to increase the level of connectivity, based on the international opportunity that best suits their national context.
The DHL Global Connectivity Index 2021 report was released by DHL and New York University's Stern School of Business on November 30. In its 10th edition, the annual report also offers fresh analysis of the pandemic's impact on globalization, measured across international flows of trade, capital, information and People.
The five key areas that help improve the country connectivity index include: peace and security, attractive domestic business environment, openness to international flows, regional integration and social support. Notably, an attractive domestic business environment can promote the global connectivity index better than traditional pro-globalization policies.
Also according to the report, due to the impact of the pandemic, the trend of flows is different, but in general, indicators that had a slight decrease in 2020 have grown again in 2021. Challenges posed by the pandemic The COVID-19 pandemic has shown many weaknesses that need to be improved in the future.
John Pearson, general manager of DHL Express, said many people fear that the global crisis will affect the process of globalization. After analyzing, the company said that the pandemic did not cause globalization to collapse..
Not only that, the strong breakthrough of global trade flows and the current economic recovery have created many growth opportunities for the Asia-Pacific region, with the volume of exports and imports. Asia's goods exports in 2021 are predicted to increase by 14.7% and 9.4% respectively compared to 2019.
The Regional Comprehensive Economic Partnership (RCEP) once entered into force in January 2022 will greatly contribute to global connectivity, economic recovery and prosperity in the region.
Contrary to previous predictions that regional trade will "take the throne" in the context of the epidemic, on average in 2020 long-distance trade in goods will still dominate. However, according to experts, data on capital, information and people flows also shows no sign of a shift from globalization to regionalization.
According to Tuoitre.