Vietnam is in the top 5 countries with the fastest labor productivity growth rate.

According to the World Intellectual Property Organization (WIPO), Vietnam has maintained its position as 44th out of 139 countries and economies compared to 2024 in the Global Innovation Index.

Mr. Daren Tang - Director General of the World Intellectual Property Organization (WIPO)

On the afternoon of September 16, Vietnam time, the World Intellectual Property Organization (WIPO) held a ceremony to announce the Global Innovation Index (GII) report in Geneva.

Vietnam is one of the 9 middle-income countries that improved their rankings the fastest.

According to the report, Vietnam ranked 44/139 countries and economies , maintaining its ranking in 2024. Vietnam continued to improve its innovation input ranking by 3 places compared to 2023, from 53rd to 50th ( innovation input includes 5 pillars: Institutions, Human resources and research, Infrastructure, Infrastructure, Business development level).

Innovation output still has a better ranking than innovation input, although the ranking decreased by 1 place compared to 2024, from 36th to 37th ( innovation output includes 2 pillars: Knowledge and technology products, Creative products).

Along with that, Vietnam maintained its 2nd position in the group of lower middle-income countries. The lower middle-income country ranked above Vietnam is India with the 38th position.

In addition, there are three upper middle-income countries ranked above Vietnam (China ranked 10th, Malaysia ranked 34th, Türkiye ranked 43rd), the rest of the countries ranked above Vietnam are all industrialized countries, in the high-income group, with a high ratio of R&D expenditure/GDP. In the ASEAN region, Vietnam surpassed Thailand, ranking 3rd after Singapore and Malaysia.

In the WIPO GII 2025 Report, Vietnam was recognized by WIPO as one of the 9 middle-income countries with the fastest improvement in rankings since 2013 (including China, India, Vietnam, Philippines, Indonesia, Iran, Morocco, Albania and Iran).

Top 5 fastest labor productivity growth rates

Vietnam is also one of two countries that hold the record of having outstanding achievements compared to the level of development for 15 consecutive years (including India and Vietnam). For 15 consecutive years, Vietnam has always had higher innovation results compared to the level of development, showing the efficiency in converting input resources into innovative outputs.

Vietnam is one of three countries (China, Vietnam, Ethiopia) with the fastest labor productivity growth rate in the period 2014-2024.

The report also shows that in 2025, our country will continue to lead the world in three indexes: high-tech import index, high-tech export index and creative goods export index (this is the first time Vietnam has led the world in this index).

Vietnam also has three indicators in the top 10 countries in the world: labor productivity growth rate (ranked 4th); number of smartphone applications created (ranked 7th) and the portion of R&D expenditure covered by enterprises/total R&D expenditure (ranked 8th).

The Global Innovation Index Report is a prestigious toolkit for assessing national innovation capacity in the world, reflecting the socio-economic development model based on science , technology and innovation ( innovation ) of countries. Thereby, countries can see the overall picture, as well as their strengths and weaknesses.

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Source: https://tuoitre.vn/viet-nam-vao-top-5-nuoc-co-toc-do-tang-truong-nang-suat-lao-dong-nhanh-nhat-20250916194423339.htm