(VOVWORLD) - Vietnam ranks 45th out of 126 economies in the Global Innovation Index (GII) 2018, up 14 places since 2016, according to the GII report announced by the World Intellectual Property Organisation (WIPO) on Tuesday.
The launch ceremony of the 2018 Global Innovation Index report.
(Photo: Hoai Thanh/Vietnam+)
|
In the GII report 2017, Vietnam was in 47th place out of 127 economies.
Among 30 low middle-income countries, Vietnam ranked second after Ukraine, according to the report.
Le Thanh Binh, Science and Technology Counsellor of the Vietnam Permanent Mission to the United Nations, said the effectiveness of Vietnam's reform efforts were reflected in both input and output indicators and Vietnam's position in the GII rankings has improved in every aspect in the last five years.
In an interview with the Vietnam News Agency, Sacha Wunsch-Vincent, a senior expert with the GII research group, said in the most recent edition of the GII, Vietnam emerged as a country with a special commitment to innovation.
He said Vietnam had become a model of technological innovation for the group of low middle-income countries.
According to Wunsch-Vincent, Vietnam is the only country that has directions from the prime minister and a resolution setting up a special group to bring together ministries and sectors to improve the country’s global innovation ranking.