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Intelrift Geoeconomic Index· Edition 1 · Q4 2026

Vietnam

37.8

Moderate · 30+Rank 68 of 192+3.6 against the previous edition · #80 → #68Asia · South-Eastern Asia · 5 of 5 sub-indices available
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Rank in its region28 / 47Asia
Rank in its income group21 / 59Upper-middle income
Comparable countriesLaosIGE 39.0 · distance 4.1Comparable countriesUzbekistanIGE 39.2 · distance 4.7

Comparable countries

Nearest in the five-dimensional sub-index space (euclidean distance over shared dimensions).

What would move the score

  • Chokepoints±2.5 points
  • Sanctions±2.5 points
  • Commodity concentration±2.0 points
  • Institutional fragility±1.5 points
  • Sovereign stress±1.5 points

Change in the IGE if one sub-index moved by 10 points, with this country's effective weights.

Sub-indices against the regional and global mean

CountryRegional meanGlobal mean

Source: Intelrift, IGE. Simple means of covered countries.Data through 19 October 2026

History by edition

Hollow points are retrospectives: past years computed with the current method, without newsroom events and with the current snapshot of the sanctions lists.

Source: Intelrift, IGEData through 19 October 2026

Key factors

What drives the score

  • Reserves in months of imports: 2.1 months (2025), risk percentile 93.source
  • Exposure to sanctioned partners: 44.2 (2023), risk percentile 81.source
  • Total chokepoint exposure: 75.9 % of GDP (2025), risk percentile 78.source
  • Import concentration (HHI): 0.57 (2023), risk percentile 77.source

Each factor comes from a sourced, dated input; the percentile says where the country sits among those covered.

How it is calculated

Weights, coverage and provenance

Chokepoints40Effective 25 %
Sanctions34Effective 25 %
Commodity concentration34Effective 20 %
Institutional fragility44Effective 15 %
Sovereign stress40Effective 15 %

5 of 5 sub-indices available · ige-v1

Provenance hash

e6431aa76575f667b57aa168d97ce2dd1b9552e3d5c74024b5a3b11f4787a60a

SHA-256 of the canonical JSON of the inputs, their sources and periods, the winsorisation bounds and the weights. Same inputs, same hash.

Read the methodology

Sub-index inputs

Chokepoints · 39.9

How much of the country's GDP depends on six maritime passages (Hormuz, Suez, Malacca, Bab el-Mandeb, Panama, Bosphorus) staying open, plus its imported-energy dependence, logistics performance and whether it is landlocked.

Exposure to the main chokepoint (2025)27 % of GDP · percentile 54
Total chokepoint exposure (2025)75.9 % of GDP · percentile 78
Net energy import dependence (2024)48.3 % · percentile 51
Fuel share of imports (2023)7.9 % · percentile 20
Landlocked (transit dependence) (2026)no · percentile 0
Logistics performance (LPI) (2022)3.3 · percentile 37

Sanctions · 33.6

Whether the jurisdiction is under a sanctions regime (and how intense), how many people and entities linked to the country appear on the OFAC, EU, UN and UK lists, how many on US export-control lists, and how much it trades with sanctioned partners.

Jurisdiction-level sanctions regimeno regime · percentile 0
Designations linked to the country (2026)28 · percentile 53
Designations under country programmes (2026)0 · percentile 0
Entities under US export controls (2026)3 · percentile 34
Exposure to sanctioned partners (2023)44.2 · percentile 81

Commodity concentration · 34.0

Concentration of exports and imports by product group (Herfindahl index), fuel and food share of imports, natural resource rents over GDP and terms-of-trade volatility.

Export concentration (HHI) (2023)0.73 · percentile 77
Import concentration (HHI) (2023)0.57 · percentile 77
Fuel and food share of imports (2023)16.7 % · percentile 6
Natural resource rents (2021)2.6 % of GDP · percentile 9
Terms-of-trade volatility (2024)2.5 % · percentile 2

Institutional fragility · 44.3

Rule of law, political stability, government effectiveness and control of corruption (WGI), the INFORM index, battle deaths, homicides and new conflict displacements per capita, and the quarter's political and security events recorded by Intelrift.

Rule of law (WGI) (2025)55.8 · percentile 55
Political stability and absence of violence (WGI) (2025)67.7 · percentile 38
Government effectiveness (WGI) (2025)56 · percentile 48
Control of corruption (WGI) (2025)45.9 · percentile 58
INFORM risk index (2026)3.9 · percentile 36
Battle-related deaths per 100,000 peopleinsufficient data
Intentional homicides per 100,000 people (2011)1.54 · percentile 4
New conflict displacements per 1,000 peopleinsufficient data
Political and security events (90 days) (2026)73.4 · percentile 72
Terror and narco incidents (90 days) (2026)insufficient data

Sovereign stress · 39.6

Reserves in months of imports, current account balance, inflation, depreciation against the dollar, external debt and its service, short-term debt over reserves, broad money over reserves, interest over revenue and Intelrift's daily country risk.

Reserves in months of imports (2025)2.1 months · percentile 93
Current account balance (2025)6.4 % of GDP · percentile 26
Annual inflation (2025)3.3 % · percentile 13
Annual depreciation against the dollar (2024)+1.6 % · percentile 44
External debt to GNI (2024)28.9 % · percentile 15
Debt service to exports (2024)7.7 % · percentile 12
Short-term debt to reserves (2024)44.6 % · percentile 35
Broad money to reserves (2022)6.5× · percentile 45
Interest payments to revenueinsufficient data
Intelrift daily country risk (2026)40 · percentile 73