Congratulations to Vietnam on its high ranking on Innovation Index amid pandemic

October 2nd, 2020

The 2020 annual report on Global Innovation Index (GII) released by World Intellectual Property Organization (WIPO) revealed that Vietnam continues to maintain a high ranking and placed 42nd out of 131 economies around the world. Among the 29 lower middle-income group economies, Vietnam ranks 1st place.

Despite months of social distancing, the number of patents and applications for intellectual property has continued to increase compared to 2019. This remarkable achievement was only possible because Vietnam has defined innovation as a national priority, and the GII has been used by the Government as an important administration and management tool.

Did you know? #Aus4Innovation program has been working with the Ministry of Science and Technology to build tools and data as inputs for decision making and provide lessons learned from Australia to help Vietnam enhance its innovation ecosystem.

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