Today: 23/10/2020 09:31:11 (GMT+7)
THE CENTRAL AGENCY OF THE COMMUNIST PARTY OF VIETNAM BAC GIANG PROVINCE THE VOICE OF THE PARTY, GOVERNMENT AND PEOPLE OF BAC GIANG PROVINCE

Vietnam maintains high ranking in Global Innovation Index 2020

Vietnam continues to maintain a high ranking, placed at 42nd out of 131 economies around the world in the Global Innovation Index (GII) 2020 as announced by the World Intellectual Property Organisation (WIPO) on September 2.

The country has defended its leading position in the lower middle-income group and is the third most innovative economy in Southeast Asia, behind Singapore (no. 8 in GII 2020) and Malaysia (no. 33).

Vietnam, high ranking, Global Innovation Index 2020, World Intellectual Property Organisation, leading position, most innovative economy

Vietnam maintains high ranking in Global Innovation Index 2020.

Since 2017, the Vietnamese Government has used the GII as an important administration and management tool, and has assigned ministries, agencies and localities to take charge of improving the index. Under the direction of the Prime Minister and Deputy Prime Ministers, as well as with the engagement of many ministries, branches, localities, research institutes, universities and enterprises, Vietnam’s GII performance has constantly improved, jumping from 59th in 2016 to 43rd in 2017, 45th in 2018, and 42nd in 2019 and 2020.

On its debut in the GII, the ‘Global Brands Value’ indicator registered a good score for Vietnam as the country ranks 19th worldwide with 33 brands listed among the Top 5000 Brands.

Switzerland, Sweden, and the US lead the 2020 innovation rankings, followed by the UK and the Netherlands. This year marks the first time a second Asian economy – the Republic of Korea – has entered the top 10, next to Singapore (no. 8).

Vietnam, high ranking, Global Innovation Index 2020, World Intellectual Property Organisation, leading position, most innovative economy

Vietnam is the most innovative economy in the lower middle-income group.

According to Deputy Minister of Science and Technology Bui The Duy, Vietnam’s continuous improvement in the group of input indicators facilitating innovation this year is a testament to the country’s continued investment from the State and businesses in science, technology and innovation.

The GII serves as an objective international assessment of each field of state management in promoting innovation in Vietnam. Ministries, sectors and localities have thereby realised their strong and weak points in state management, focusing on overcoming weaknesses and promoting strengths.

According to experts, to improve its GII ranking in a sustainable manner, Vietnam needs to continue focusing on innovation, with special attention being paid to improving indicators on information technology infrastructure, application of information technology, and improvements in the business environment, legal regulations and quality of the workforce.

VN’s aviation industry asked to focus on infrastructure, innovation
Innovation and investment in infrastructure are required for Vietnam's aviation industry to develop, experts have told conferences at the Vietnam International Aviation Expo that opened on November 20 in Ho Chi Minh City.
 
Government encourages startup innovation: Deputy PM
The Government will develop an innovative and business-centred ecosystem, Deputy Prime Minister Trinh Dinh Dung said at the Vietnam Business Forum 2019 in Hanoi on January 10.
 
Vietnamese Talent Awards honour innovation
A speech-to-text software application with accuracy of up to 93.6 percent was honoured on November 15 as the winner of the Vietnamese Talent Awards 2019 IT category.
 
Bac Giang honors 22 typical agriculture products and awards farmers’ technical innovation contest.
(BGO) – The Farmers’ Association in Bac Giang province on October 30 joined hand with the Department of Agriculture and Rural Development, Department of Industry and Trade to hold a ceremony to honor the second typical agriculture products in Bac Giang province and award the 8th Farmers’Technical Innovation Contest in 2019. 
 
Bac Giang: Two scientific projects named in Vietnam Innovation Golden Book 2019
(BGO) –  Vietnam Union of Science and Technology Associations, Ministry of Science and Technology, Vietnam Fatherland Front’s Central Committee have recently coordinated to hold the debut ceremony of “Vietnam Innovation Golden Book 2019”.   
 

Source: NDO

Vietnam, high ranking, Global Innovation Index 2020, World Intellectual Property Organisation, leading position, most innovative economy
 
New comment has just been added. Click here
Sort:NewBest News