Home / SCIENCE & TECH
Vietnam improves two grades in global innovation index
Anh Kiet 20:56, 2018/07/11
The Ministry of Science & Technology and the World Intellectual Property Organization (WIPO) on July 10 released the Global Innovation Index (GII) report for 2018.
Vietnam has gained another improvement in global innovation rankings, climbing two grades compared to 2017 and 14 grades compared to 2016 to reach the 45th post among 126 economies, with the scores higher than the average in seven categories.

Among 30 low middle-income countries rated, Vietnam ranked second after Ukraine, according to the report.
Photo: WIPO
 
GII 2018 with 21 indexes and 80 sub-indices is still divided into seven main categories with five input ones being macro institutions, human resources and research, infrastructure, market and environment business, and two output ones being knowledge and technology products, and creative products.

Results of the GII 2018 demonstrate the outcome of efforts made by the Vietnamese government in developing synchronous and practical solutions to improve the business environment, raise the national competitiveness and the capacity for national innovation.

Innovation is now widely recognized as a central driver of economic growth and development.

The GII aims to capture the multi-dimensional facets of innovation by providing a rich of database of detailed metrics for 126 economies.

Especially, for the new index on online creation, that is mobile application creation index, an indicator of digital economy, Vietnam ranked 16th instead of 52nd spot on uploading video to YouTube in 2017.

Sacha Wunsch-Wincent, WIPO’s senior expert, said that Vietnam has emerged as a special country in this year's ranking for two reasons. Firstly, Vietnam has continuously been promoted in the global innovation index. Secondly, Vietnam has been continuously recognized as a prominent country in innovation for economic development.

Vietnam is also the only country with direction from the prime minister with a resolution to set up a special group of specialists, different ministries and departments to promote innovation policy.

In addition to keeping and improving the results achieved for the past time, the Ministry of Science and Technology has proposed a number of measures to improve indicators that Vietnam is currently under the weakest category or in downward trend in recent years.
Other news
14:15, 2021/15/19
Vietnam tests internet speed measuring app in foreign countries
The VNNIC cooperated with NetNam Joint Stock Company to test two i-Speed ​​measuring apps located in Singapore and Hong Kong, which are two major Internet transit points in the region.
16:15, 2021/15/16
More than 97,000 network accounts in Vietnam compromised since early 2021
Since the fourth Covid-19 wave broke out in Vietnam, the risk of cyberattacks in the country has increased.
05:47, 2021/47/11
Australia funds US$1 million for Vietnam’s digital transformation projects
The projects selected for funding are not only practical regarding the application of advanced technologies in areas of critical need in Vietnam, but they are also very meaningful in today’s context.
23:18, 2021/18/10
Vietnamese SMEs need to improve innovation capacity for digital transformation
Digital transformation has been applied for data-driven logistics and supply chains, digital device management, quality control, and intelligent processes.
19:39, 2021/39/08
Austrian Research Center to partner with Vietnam in developing sustainable biotechnology
The center has been doing research in agricultural, animal nutrition, and life sciences since 1995 in order to provide high-quality, cutting-edge science to assist Vietnamese farmers in addressing their challenges.
15:28, 2021/28/04
Vietnam and Australia seek to boost fintech
The strategy will help strengthen the commitment to trade and investment, economic liberalization, and connectivity between Australia and Vietnam.