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Vietnam to work to raise position in global innovation rankings

The Ministry of Science and Technology (MoST) will work with relevant agencies to conduct innovation evaluation and help localities identify right directions to follow to help raise Vietnam’s position in the Global Innovation Index (GII) rankings, an official has said.
Vietnam to work to raise position in global innovation rankings ảnh 1Products of a science and technology company on display at an exhibition (Photo: VNA)
Hanoi (VNA) – The Ministry of Science and Technology(MoST) will work with relevant agencies to conduct innovation evaluation andhelp localities identify right directions to follow to help raise Vietnam’sposition in the Global Innovation Index (GII) rankings, an official has said.

The MoST in coordination with the World Intellectual PropertyOrganisation (WIPO) and the Permanent Mission of Vietnam to the United Nations, the World Trade Organisation (WTO) and other internationalorganisations in Geneva held a hybrid workshop on October 10 to provideinformation about the GII 2023.

Speaking in Hanoi, Deputy Minister of Science and Technology BuiThe Duy said that in the GII 2023 recently released by WIPO, Vietnam ranks 46th among the 132 listed countries and economies, up two places from 2022. It isalso assessed as one of the seven middle-income countries showing the mostprogress in innovation over the last decade.

The country has jumped two places to the 57th from last year in terms of the innovation input sub-index, and one place to the40th in the innovation output sub-index.

Among ASEAN countries, Vietnam follows Singapore (5th), Malaysia (36th), andThailand (43rd).

Vietnam to work to raise position in global innovation rankings ảnh 2Vietnam stands at the 46th position among the 132  countries and economies listed in the GII 2023 rankings. (Photo: VNA)
Duy held that if some factors such as the ICT services exports,copyright payments, fees and licences had been updated, Vietnam’s position inthe GII 2023 would have been higher.

Coordination from input to output among all parties is needed topromote innovation, the official said, expressing his hope that with supportfrom WIPO experts, the MoST and related units can carry out innovation evaluation,especially for localities, so that they can identify right directions to followto help raise Vietnam’s position in the GII rankings.

Ambassador Le Thi Tuyet Mai, Permanent Representative of Vietnamto the UN, the WTO and other international organisations in Geneva, said viavideoconference that Vietnam’s position in the GII 2023 rankings is encouragingbut also poses a big challenge for the coming time, especially amid numerous politicaland economic uncertainties in the world, along with changes in investment andtrade strategies of many countries.

Therefore, Vietnam needs to take measures to tap into its enormouspotential and further boost technology transfer and innovation to develop thebrands of high-quality Vietnamese goods and services in foreign markets. This requiresefforts by all-level authorities and sectors, particularly localities, scientists,the private sector and business associations, to step up innovation and science- technology application, she continued.

The ambassador pledged that the Permanent Mission of Vietnam tothe UN will assist the country to cooperate with WIPO and related organisationsin innovation and technology transfer to develop products and services./.
VNA

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