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?

Options

1. 2 and 4
2. 3 and 5
3. 1, 3 and 4
4. 1 and 2

Correct Answer

1, 3 and 4

Explanation

Vietnam is a fast-growing economy due to export-led growth, integration with global supply chains, low labour costs, and stable currency. It has a single-party system. Hence, 1, 3, and 4 are correct.

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