Vietnam jumps 20 places in global innovation index
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Vietnam ranked 51st among 125 economies in the Global Innovation Index (GII) 2011, jumping 20 places from its 71st position in 2010.
According to the GII 2011 Report, jointly launched by the World Intellectual Property Organisation (WIPO) and the Business School for the World (INSEAD), Switzerland held the first place in the rankings, followed by Sweden and Singapore.
Malaysia led the Southeast Asian region, ranking 31st and Thailand came second with the 48th position.
The Intellectual Property Department said that the GII 2011 covered 125 economies worldwide based on their technological innovation results.
The index aims to emphasise the role of technological innovation activities, considering them the centre of economic growth and better jobs as well as a key to improved competitiveness of the economies, industries and businesses.
