Vietnam’s innovation index exceeds its level of development

Thursday, 2020-09-10 11:20:47
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At the workshop on Global Innovation Index (GII) 2020 and Vietnam’s Performance
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NDO – Vietnam is among the group of lower middle-income countries with their Global Innovation Index (GII) 2020 going beyond their development level, said General Director of the World Intellectual Property Organisation (WIPO) Francis Gurry.

The WIPO official made the remark at a workshop on Global Innovation Index (GII) 2020 and Vietnam’s Performance held by the Ministry of Science and Technology in Hanoi on September 8.

The workshop took place a week after the WIPO released a report on GII 2020 on September 2, under which Vietnam continues to maintain a high ranking and placed 42nd out of 131 economies from around the world.

The workshop is expected to help ministries, agencies and localities to get a better understanding on GII and Vietnam’s rankings in order to continue to build and implement solutions to improve the index and achieve the goals set by the Government.

WIPO General Director Francis Gurry said that, according to the GII 2020, Vietnam continues to be seen as a model for other developing countries for defining innovation as a national priority.

Along with three other developing countries, namely China, India and the Philippines, Vietnam has made the most impressive progress in terms of the GII rankings.

Deputy Minister of Science and Technology Bui The Duy said that, since 2017, the Vietnamese Government has used the GII as an important administration and management tool while ministries and sectors have taken drastic measures to improve indicators in the GII.

Amid the COVID-19 pandemic, Vietnam is emerging as a model in terms of pandemic prevention and the application of science and technology solutions in fighting against the pandemic.

Despite months of social distancing, the number of patents and applications for intellectual property has continued to increase compared to 2019.

Duy also suggested that WIPO experts work with Vietnam to re-evaluate the innovation index over the past 10 years to contribute to reviewing and adjusting the country’s innovation policies.