During an online and in-person workshop held on October 10 by the Ministry of Science and Technology (MoST) in coordination with Vietnam’s Permanent Mission to the United Nations (UN) in Geneva, the World Intellectual Property Organization (WIPO), the WTO, and other international organizations in the Swiss city to provide information on the Global Innovation Index (GII) 2023, a MoST official said the ministry will work with relevant agencies to conduct evaluations of innovation and help localities identify the appropriate direction to follow to help raise Vietnam’s position in the GII rankings, according to a report from the Vietnam News Agency.
Speaking from Hanoi, Deputy Minister of Science and Technology Bui The Duy said that in the GII 2023, released recently by WIPO, Vietnam ranked 46th among the 132 listed countries and economies, up two places from 2022. It was also assessed as one of seven middle-income countries showing the most progress in innovation over the last decade.
Among ASEAN countries, Vietnam follows Singapore (fifth), Malaysia (36th), and Thailand (43rd).
According to the MoST official, the country also jumped two places to 57th from last year in terms of the innovation input sub-index, and one place to 40th in the innovation output sub-index.
Deputy Minister Duy said that if some factors such as information and communications technology (ICT) services exports, copyright payments, and fees and licenses had been updated, Vietnam’s position in the GII 2023 would have been higher.
Coordination from input to output between all parties is needed to promote innovation, the official said, expressing a hope that with support from WIPO experts, MoST and related units can carry out innovation evaluation, especially in localities, so they can identify the proper direction to follow to help raise Vietnam’s position in the rankings.
Ambassador Le Thi Tuyet Mai, Permanent Representative of Vietnam to the UN, the WTO, and other international organizations in Geneva, said via videoconference that Vietnam’s position in the GII 2023 rankings is encouraging but also poses a major challenge, especially amid numerous political and economic uncertainties around the world along with changes in the investment and trade strategies of many countries.
Vietnam therefore needs to take measures to tap its enormous potential and further boost technology transfer and innovation to develop brands of high-quality Vietnamese goods and services in foreign markets, the Ambassador went on, adding that this requires effort from all-level authorities and sectors, particularly localities, scientists, the private sector, and business associations, to step up innovation and science and technology application.
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