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Vietnam to climb 2 places in the global innovation index in 2024

Báo Sài Gòn Giải phóngBáo Sài Gòn Giải phóng26/09/2024


According to GII 2024, in 2024, Vietnam ranked first in the world in three indicators: high-tech imports, high-tech exports, and exports of innovative goods.

According to the Ministry of Science and Technology, on the evening of September 26th (Vietnam time), in Geneva (Switzerland), the World Intellectual Property Organization (WIPO) announced the Global Innovation Index 2024 (GII 2024) report.

Accordingly, Vietnam is ranked 44th out of 133 countries and economies , an increase of 2 places compared to 2023. Vietnam continues to improve its ranking in innovation inputs, rising 4 places compared to 2023, from position 57 to 53 (innovation inputs consist of 5 pillars: institutions; human resources and research; infrastructure; market development level; and enterprise development level).

Vietnam's innovation output increased by 4 ranks compared to 2023, from position 40 to 36 (innovation output comprises two pillars: knowledge and technology products; and creative products).

GII 2024 Viet Nam 2.jpg
The World Intellectual Property Organization (WIPO) released its Global Innovation Index 2024 report on September 26th in Switzerland.

According to the GII 2024, Vietnam maintains its position as the second-highest-middle-income country. India ranks above Vietnam in the lower-middle-income group. Five countries are ranked higher in the upper-middle-income group: China (ranked 11th), Malaysia (ranked 33rd), Turkey (ranked 37th), Bulgaria (ranked 38th), and Thailand (ranked 41st). All other countries ranked above Vietnam are industrialized nations belonging to the high-income group. Within ASEAN, Vietnam ranks fourth (after Singapore, Malaysia, and Thailand).

Vietnam has been recognized by WIPO as one of the eight middle-income countries that have improved their ranking the most since 2013 (including China, Türkiye, India, Vietnam, the Philippines, Indonesia, Iran, and Morocco). Vietnam is also one of the three countries holding the record for outstanding performance relative to its level of development for 14 consecutive years (including India, Moldova, and Vietnam).

For 14 consecutive years, Vietnam has consistently achieved higher innovation results than its development level, demonstrating its effectiveness in transforming input resources into innovation outputs. According to WIPO, Vietnam's scores in the pillars are higher than those of lower-middle-income countries and even higher than those of upper-middle-income countries, except for pillar 2 on human resources and research.

GII 2024 Viet Nam 1.jpg
The GII index information is published by WIPO from 2017 to 2024.

According to the GII 2024, in 2024, Vietnam ranked first in the world in three indicators: high-tech imports, high-tech exports, and exports of innovative goods. Three indicators were among the top 10 countries globally: labor productivity growth rate (ranked 3rd), number of smartphone applications created (ranked 7th), and the share of research and development spending by businesses compared to total research and development spending (ranked 9th).

The WIPO GII is a globally recognized tool for assessing national innovation capacity, reflecting the socio-economic development models based on science, technology, and innovation in various countries. Through it, countries gain an overall picture as well as identify their strengths and weaknesses. The GII index is currently used by many governments as an important reference tool for state management of science, technology, and innovation, as well as for developing policies related to this field (India, China, Philippines, Colombia, Brazil, etc.).

In Vietnam, the Government has used the Global Innovation Index (GII) as one of its important management tools and has assigned various ministries, agencies, and localities the responsibility of improving the index. The Ministry of Science and Technology is tasked with coordinating and overseeing this effort. From 2017 to the present, Vietnam's GII has continuously improved, rising from position 59 (in 2016) to 46 in 2023 and 44 in 2024.

TRAN BINH



Source: https://www.sggp.org.vn/viet-nam-tang-2-bac-ve-chi-so-doi-moi-sang-tao-toan-cau-nam-2024-post760898.html

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