Vietnam ranks 12th among the 27 countries and territories in the Asia Power Index 2024, recently launched by the Australia-based Lowy Institute, with its overall score gaining 1.2 points compared to last year.

Vietnam moved up one spot to rank 12th out of 26 countries and territories in the 2020 Asia Power Index conducted by the Lowy Institute, an independent think-tank in Australia.

Vietnam has made rapid progress in strategic and economic spheres over the past year, according to experts from the Australia-based Lowy Institute.