Consider the following statements:1. Vietnam has been one of the fastest growing economies in the world in 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?

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Accepted Answer

1, 3 and 4. The answer is 1, 3 and 4. Vietnam's 2025 growth of 8.02 percent was the second-highest since 2011, and the World Bank ties its growth to manufacturing exports and trade. Statement 4, on low labour costs and stable exchange rates, is part of the keyed answer. Why the others fail: Statement 2 is false because Article 4 of the 2013 Constitution gives the Communist Party the leading role, so Vietnam is not multi-party. Statement 5 is not backed by any page we read. Option 2 and 4, 1 and 2, and 3 and 5 each include a false statement. Memory hook: 1, 3 and 4 are in. 2 and 5 are out. Read more: Vietnam's Economy: Fast Growth, Single-Party Politics, India-Vietnam Relations.

India and Vietnam agreed a new bilateral trade goal of what value by 2030?

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