On the evening of September 26, Vietnam time, the World Intellectual Property Organization (WIPO) held a ceremony to announce the Global Innovation Index (GII) Report 2024 in Geneva (Switzerland). Accordingly, Vietnam was ranked as a country and economy, up from 2023. Vietnam continued to improve its innovation input ranking compared to 2023, from 57th place (innovation input includes 05 pillars: Institutions, Human resources and research, Infrastructure, Infrastructure, Enterprise development level). Innovation output increased from 40th place (innovation output includes 02 pillars: Knowledge and technology products, Creative products).

Vietnam maintains its 2nd position in the group of lower-middle-income countries. The lower-middle-income country ranked above Vietnam is India at 39th. In addition, there are 05 upper-middle-income countries ranked above Vietnam (China ranked 11th, Malaysia ranked 33rd, Turkey ranked 37th, Bulgaria ranked 38th and Thailand ranked 41st), the rest of the countries ranked above Vietnam are all industrially developed countries, belonging to the high-income group. In the ASEAN region, Vietnam ranked 4th (after Singapore, Malaysia and Thailand). In the WIPO GII 2024 Report, Vietnam was recognized by WIPO as one of the 08 middle-income countries with the most improved rankings since 2013 (including China, Turkey, India, Vietnam, Philippines, Indonesia, Iran and Morocco). Vietnam is also one of the three countries holding the record of having outstanding achievements compared to its development level for 14 consecutive years (including India, Moldova and Vietnam). For 14 consecutive years, Vietnam has always had higher innovation results compared to its development level, showing its effectiveness in converting input resources into innovation outputs. Vietnam's pillar scores are higher than those of countries in the lower middle-income group and even higher than those in the upper middle-income group, except for pillar 2 on Human resources and research. According to the report, in 2024, Vietnam will have 3 leading indicators in the world: High-tech imports; High-tech exports and Creative goods exports. There are 3 indicators in the top 10 countries in the world: Labor productivity growth rate (ranked 3rd); Number of smartphone apps created (ranked 7th) and R&D expenditure covered by companies/total R&D expenditure (ranked 9th).

Commenting on the Global Innovation Index Report 2024, Minister of Science and Technology Huynh Thanh Dat emphasized that these positive improvements are thanks to the close direction of the Government, the Prime Minister and the drastic participation of ministries, branches, localities, the science, technology and innovation community. Every year, the World Intellectual Property Organization (WIPO) organizes the publication of the Global Innovation Index (GII). This is a prestigious toolkit for assessing national innovation capacity in the world, reflecting the socio-economic development model based on science, technology and innovation of countries. Thereby, countries can see the overall picture as well as their strengths and weaknesses. For this reason, the GII is currently used by many governments as an important reference tool for state management of Science, Technology and Innovation, as well as for developing science, technology and innovation policies (India, China, Philippines, Columbia, Brazil, etc.). In recent times, the Government has used this index as one of the important management and administration tools and has assigned ministries, agencies and localities to jointly take responsibility for improving the index. The Ministry of Science and Technology is assigned to be the focal point for general monitoring and coordination. From 2017 to present, Vietnam's GII index has continuously improved, increasing from position 59 (in 2016) to 46 in 2023./.

Vietnamplus.vn