Civil Services Examination · Question 67
Consider the following statements: 1. Vietnam has been one of the fastest growing economies in the world in the recent years. 2. Vietnam is led by a multi-party political system. 3. Vietnam's economic growth is linked to its integration with global supply chains and focus on exports. 4. For a long time Vietnam's low labour costs and stable exchange rates have attracted global manufacturers. 5. Vietnam has the most productive e-service sector in the Indo-Pacific region. Which of the statements given above are correct?
Show answer & explanation
Answer: (C) 1, 3 and 4
Explanation
Vietnam is a fast-growing, export-led economy attracting manufacturers with low costs and a stable currency. It is a one-party communist state, and the e-services claim is unfounded.