Economic Freedom Index: How free is Vietnam’s economy? – Charting Economy

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Economic Freedom Index: How free is Vietnam’s economy?

Economic Freedom Index

The Index of Economic Freedom is published annually by The Heritage Foundation, a Washington think tank. The Index covers 12 freedoms, which can be grouped into four broad categories:

  • The rule of law (property rights, judicial effectiveness, and government integrity)
  • Government size (tax burden, government spending, and fiscal health)
  • Regulatory efficiency (business freedom, labor freedom, and monetary freedom)
  • Market openness (trade freedom, investment freedom, and financial freedom)

Economic Freedom in Vietnam

Economic freedom in Vietnam is the second-worst in ASEAN despite some improvements over the past two decades.

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