Vietnam dropped to 78th on the report’s “Ease of doing business” over 189 economies, moving down six places compared to last year. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
The ranking drops in all five categories. On Starting a Business, the country was ranked at 125th, moving down five places compared to last year. In addition, it has seen a drop in Getting credit; Paying tax; Protecting Minimal Investors and Trading Across Border.