Vietnam jumps 2 places in Global Innovation Index 2023

Yesterday evening (September 27), in Switzerland, the World Intellectual Property Organization (WIPO) held a ceremony to announce the Global Innovation Index (GII) Report 2023.

Information on GII Index rankings in 2023. Photo: Internet.

Accordingly, Vietnam is ranked 46/132 countries and economies. According to the Report, Vietnam continues to improve its innovation input ranking, up 2 places compared to last year, from 59th to 57th (Innovation input includes 5 pillars: Institutions, Human resources and research, Infrastructure, Market development level, Enterprise development level). Innovation output increases 1 place compared to 2022, from 41st to 40th (Innovation output includes 2 pillars: Knowledge and technology products, Creative products).

According to WIPO, Vietnam is one of the seven middle-income countries that have made the most progress in Innovation over the past decade (including China, Türkiye, India, Vietnam, the Philippines, Indonesia and the Islamic Republic of Iran). Vietnam is also one of the three countries that have outperformed their development level for 13 consecutive years (including India, the Republic of Moldova and Vietnam).

The report noted that Vietnam's research and development (R&D) spending ranked 66th, unchanged from previous years. However, R&D spending by the top 3 large enterprises improved significantly, ranking 29th (up 9 places compared to 2022).

Low-level indicators include: Ecological sustainability (ranked 110); environment (ranked 130). These indicators show that institutions still need to be improved to facilitate socio-economic development based on science, technology and innovation./.

Thu Hang