Enforcing contracts: Time in Vietnam

Vietnam: Enforcing contracts: Time was 400 days in 2019. ▼ Falling

Latest (2019)
400 days
Change on year
unchanged
World rank
161st
of 188 countries
All-time high
461 days
in 2003
All-time low
400 days
in 2005
Years of data
17
2003–2019

Enforcing contracts: Time in Vietnam, 2003–2019

01002003004005002003201120192003: 461 days2004: 461 days2005: 400 days2006: 400 days2007: 400 days2008: 400 days2009: 400 days2010: 400 days2011: 400 days2012: 400 days2013: 400 days2014: 400 days2015: 400 days2016: 400 days2017: 400 days2018: 400 days2019: 400 days

Source: World Bank. Measured in days.

Analysis

In 2019, enforcing contracts: time in Vietnam stood at 400 days. That is the lowest value across all 17 years on record.

Compared with earlier readings it is unchanged over ten years.

Over the whole period, enforcing contracts: time in Vietnam peaked at 461 days in 2003 and was at its lowest, 400 days, in 2005.

That places Vietnam 161st out of 188 countries with data for 2019, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 417.43 days 400 days 461 days 7
2010s 400 days 400 days 400 days 10

Countries ranked near Vietnam

  1. 159 Indonesia 403.2 days compare
  2. 160 Australia 402 days compare
  3. 161 Norway 400 days compare
  4. 163 Nigeria 399 days compare
  5. 164 Austria 397 days compare
  6. 164 Fiji 397 days compare

See the full ranking of 190 places →

More reference data data for Vietnam

All data for Vietnam →

Frequently asked questions

What is enforcing contracts: time in Vietnam?
Enforcing contracts: time in Vietnam was 400 days in 2019, according to the World Bank.
What is the highest enforcing contracts: time recorded in Vietnam?
The highest recorded value was 461 days in 2003.
What is the lowest enforcing contracts: time recorded in Vietnam?
The lowest recorded value was 400 days in 2005.
How does Vietnam rank for enforcing contracts: time?
Vietnam ranks 161st out of 188 countries with data for 2019.
Is enforcing contracts: time rising or falling in Vietnam?
Over the last ten years it is unchanged. The long-run trend across the full record is falling.
Where does this Vietnam data come from?
The figures come from the World Bank, published as part of Enforcing contracts: Time (days). Statizoid updates them automatically from the source API.

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CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Enforcing contracts: Time (days)
Unit
days
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 3,083 data points, 2003–2019
Last refreshed

The time to enforce contracts is recorded in calendar days, counted from the moment plaintiff decides to file the lawsuit in court until payment. The average duration of the following three different stages of dispute resolution is recorded: (i) filing and service, (ii) trial and judgment, and (iii) enforcement.