E ISSN: 2583-049X

International Journal of Advanced Multidisciplinary Research and Studies

Volume 3, Issue 1, 2023

The role of linkages for international economic development and integration

Author(s): Dang Thi Phuong Chi


Globalization, international economic integration and trade liberalization have been a prominent trend of the contemporary world economy, and Vietnam has caught up with those trends. In the development of the country, the official joining of the World Trade Organization (WTO) has helped Vietnam's economy increasingly integrate more deeply with the region and the world. Moreover, after more than 10 years since Vietnam joined the WTO, Vietnam's GDP has increased by more than 300%, import-export turnover has increased by 350%, the openness of the economy has continued to increase, last year increased on 200%. This shows that Vietnam is a country deeply rooted in the regional and world economy, which is in the process of only progress and moving fast rather than going slowly. This is also a demonstration of the Party's and the State's completely correct guidelines and policies in the international economic integration process. And in order for Vietnam's economy to make such breakthroughs, the implementation of domestic and foreign business links has contributed significantly to the integration of Vietnam's international economy.

Keywords: Role, Association, Business, Development, Integration, International Economy

Pages: 129-136

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