Vietnam leaps two places in global innovation index in 2023 hinh anh 1Illustrative image (Source: VNA)

Geneva – Vietnam has leaped two places
in the Global Innovation Index (GII) in 2023, ranking 46th out of
132 countries and territories, according to a GII report released by the World
Intellectual Property Organisation (WIPO) on September 27.

According to the report, Vietnam has continued to show progress
in converting innovation input into output performance. The country has jumped
from 59th position in 2022 to 57th position in 2023 in
terms of input level, while its output level was up one place to 40th position.

The GII input pillars include institutions, human capital
and research, infrastructure, market sophistication, and business sophistication.
Meanwhile, the output performance are knowledge and technology outputs and creative

Vietnam leaps two places in global innovation index in 2023 hinh anh 2Vietnamese scientists making NanoDragon satellite (Photo: VNSC)

Particularly, Vietnam has maintained its second position
among lower middle-income countries in the overall GII after India (40th).
Among ASEAN countries, Vietnam is behind Singapore, Malaysia and Thailand.

According to WIPO, Vietnam is among most impressive innovation
climbers of the last decade. Vietnam, along with India and the Republic of
Moldova, continue to be record holders by being innovation overperformers for a
13th consecutive year.

This year, Vietnam ranks 33rd in the unicorn
valuation, and 66th in research and development (R&D)