Vietnamranks 45th out of 126 economies in the Global Innovation Index (GII)2018, up 14 places compared to 2016, according to the GII report announced bythe World Intellectual Property Organisation (WIPO) on July 10.
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| Illustrative image - Source: VNA |
In the GII report 2017,Vietnam was at the 47th place among 127 economies over the world.
Among 30 low middle-income countries,Vietnam ranked the second in terms of the index.
Innovation is now widelyrecognised as a central driver of economic growth and development.
The Global Innovation Indexaims to capture the multi-dimensional facets of innovation by providing a richof database of detailed metrics for 126 economies.
Source:VNA