{"id":27058,"date":"2024-10-12T15:25:39","date_gmt":"2024-10-12T08:25:39","guid":{"rendered":"https:\/\/www.smartdev.com\/?p=26469"},"modified":"2024-10-12T15:25:39","modified_gmt":"2024-10-12T08:25:39","slug":"vietnam-sets-a-gii-record-14-years-as-the-longest-standing-innovation-overperformer","status":"publish","type":"post","link":"https:\/\/smartdev.com\/kr\/vietnam-sets-a-gii-record-14-years-as-the-longest-standing-innovation-overperformer\/","title":{"rendered":"Vietnam Sets a GII Record: 14 Years as the Longest-Standing Innovation Overperformer"},"content":{"rendered":"<p><span class=\"TextRun SCXW264284102 BCX0\" lang=\"VI-VN\" xml:lang=\"VI-VN\" data-contrast=\"auto\"><span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">Vietnam&#8217;s<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">\uc77c\uad00\ub41c<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">\uc131\ub2a5<\/span><span class=\"NormalTextRun SCXW264284102 BCX0\"> ~\uc5d0 <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">global<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">\ud601\uc2e0<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">metrics<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">\uac00\uc9c0\ub2e4<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">garnered<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">international<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">recognition<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">\ud55c \ubc88<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">\ub2e4\uc2dc<\/span><span class=\"NormalTextRun SCXW264284102 BCX0\">. In the <\/span><\/span><span class=\"TextRun SCXW264284102 BCX0\" lang=\"VI-VN\" xml:lang=\"VI-VN\" data-contrast=\"auto\"><span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">Global<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">Innovation<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">Index<\/span><span class=\"NormalTextRun SCXW264284102 BCX0\"> (GII) 2024<\/span><\/span><span class=\"TextRun SCXW264284102 BCX0\" lang=\"VI-VN\" xml:lang=\"VI-VN\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW264284102 BCX0\">, <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">released<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">~\uc5d0 \uc758\ud574<\/span><span class=\"NormalTextRun SCXW264284102 BCX0\"> \uadf8\ub9cc\ud07c <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">World<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">Intellectual<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">Property<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">Organization<\/span><span class=\"NormalTextRun SCXW264284102 BCX0\"> (WIPO) <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">~\uc5d0<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">September<\/span><span class=\"NormalTextRun SCXW264284102 BCX0\"> 26, <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">\ubca0\ud2b8\ub0a8<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">climbed<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">\ub458<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">spots<\/span><span class=\"NormalTextRun SCXW264284102 BCX0\"> to 44th <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">out<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">~\uc758<\/span><span class=\"NormalTextRun SCXW264284102 BCX0\"> 132 <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">countries<\/span><span class=\"NormalTextRun SCXW264284102 BCX0\">. <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">\uc774\uac83<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">marked<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">\uadf8\uac83\uc740<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">best<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">\uc704\uce58<\/span><span class=\"NormalTextRun SCXW264284102 BCX0\"> \uc5d0\uac8c <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">date<\/span><span class=\"NormalTextRun SCXW264284102 BCX0\"> \uc5d0\uc11c <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">index<\/span><span class=\"NormalTextRun SCXW264284102 BCX0\">, <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">which<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">measures<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">\ud601\uc2e0<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">\uc5ed\ub7c9<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">\uadf8\ub9ac\uace0<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">\uacb0\uacfc<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">worldwide<\/span><span class=\"NormalTextRun SCXW264284102 BCX0\">. <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">However<\/span><span class=\"NormalTextRun SCXW264284102 BCX0\">, <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">\ubb34\uc5c7<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">\ub9cc\ub4e0\ub2e4<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">Vietnam&#8217;s<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">progress<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">truly<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">remarkable<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">~\uc774\ub2e4<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">\uadf8\uac83\uc740<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">status<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">~\ucc98\ub7fc<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">one<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">~\uc758<\/span><span class=\"NormalTextRun SCXW264284102 BCX0\"> \uadf8\ub9cc\ud07c <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">longest-standing<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">overperformers<\/span><span class=\"NormalTextRun SCXW264284102 BCX0\"> ~\uc5d0 <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">\ud601\uc2e0<\/span><span class=\"NormalTextRun SCXW264284102 BCX0\">, <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">\uc720\uc9c0\ud558\ub2e4<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">\uc774\uac83<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">distinction<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">~\uc744 \uc704\ud55c<\/span><span class=\"NormalTextRun SCXW264284102 BCX0\"> \ud55c <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">astounding<\/span><span class=\"NormalTextRun SCXW264284102 BCX0\"> 14 <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">\uc5f0\uc774\uc740<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW264284102 BCX0\">years<\/span><span class=\"NormalTextRun SCXW264284102 BCX0\">.<\/span><\/span><span class=\"EOP SCXW264284102 BCX0\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"The_Global_Innovation_Index_A_Trusted_Benchmark_for_Innovation\"><\/span><strong><span class=\"TextRun SCXW203148291 BCX0\" lang=\"VI-VN\" xml:lang=\"VI-VN\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW203148291 BCX0\">\uadf8\ub9cc\ud07c <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW203148291 BCX0\">Global<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW203148291 BCX0\">Innovation<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW203148291 BCX0\">Index<\/span><span class=\"NormalTextRun SCXW203148291 BCX0\">: \uc544 <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW203148291 BCX0\">Trusted<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW203148291 BCX0\">Benchmark<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW203148291 BCX0\">~\uc744 \uc704\ud55c<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW203148291 BCX0\">Innovation<\/span><\/span><span class=\"EOP SCXW203148291 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span data-contrast=\"auto\">The Global Innovation Index (GII) is widely regarded as one of the most reliable and comprehensive tools for measuring innovation worldwide. Published annually by the World Intellectual Property Organization (WIPO), t<\/span><span data-contrast=\"auto\">he GII assesses the innovation capabilities and performance of countries by evaluating both inputs (such as institutions, human capital, research, infrastructure, and business sophistication) and outputs (such as knowledge, technology, and creative outputs).<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">What sets the GII apart is its rigorous methodology and reliance on a wide range of indicators\u2014ranging from R&amp;D spending to patent filings, educational outcomes, and even creative industries\u2014that provide a holistic view of innovation ecosystems across c<\/span><span data-contrast=\"auto\">ountries. The data is sourced from globally recognized institutions, including the World Bank, the International Telecommunication Union (ITU), and UNESCO,<\/span><span data-contrast=\"auto\"> making it a highly credible index that is used by governments, corporations, and policy makers worldwide.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">For countries like Vietnam, ranking highly in the GII is not just a symbol of achievement but also a marker of their ability to leverage innovation as a key driver of economic growth and competitiveness.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Climbing_the_Ranks_Vietnams_Journey_in_Global_Innovation\"><\/span><strong><span class=\"NormalTextRun SpellingErrorV2Themed SCXW161092021 BCX0\">Climbing<\/span><span class=\"NormalTextRun SCXW161092021 BCX0\"> \uadf8\ub9cc\ud07c <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW161092021 BCX0\">Ranks<\/span><span class=\"NormalTextRun SCXW161092021 BCX0\">: <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW161092021 BCX0\">Vietnam\u2019s<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW161092021 BCX0\">Journey<\/span><span class=\"NormalTextRun SCXW161092021 BCX0\"> ~\uc5d0 <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW161092021 BCX0\">Global<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW161092021 BCX0\">Innovation<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span data-contrast=\"auto\">Vietnam&#8217;s rise in the GII over the past 15 years reflects a national commitment to innovation as a cornerstone of economic development. In the last three years alone, Vietnam advanced significantly in the GII rankings:<\/span> <span data-contrast=\"auto\">Ranked 48th in 2022 &#8211; <\/span><span data-contrast=\"auto\">Ranked 46th<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\"> in 2023 &#8211; <\/span><span data-contrast=\"auto\">Ranked 44th<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\"> in 2024<\/span><\/p>\n<p><span data-contrast=\"auto\">Vietnam\u2019s steady climb highlights the country\u2019s determination to foster innovation and creativity. Among lower middle-income countries, Vietnam holds the second position, outpacing many of its peers. This upward trajectory demonstrates Vietnam&#8217;s growing capacity to produce and export high-tech goods and services, develop venture capital markets, and improve innovation inputs and outputs.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">One of the standout achievements for Vietnam is it<\/span><span data-contrast=\"auto\">s 1st place ranking globally in high-tech exports, high-tech imports, and creative goods exports, f<\/span><span data-contrast=\"auto\">urther solidifying its position as an innovation leader in these categories. This milestone reflects how Vietnam\u2019s investments in technology and creative industries are paying off, reinforcing its pivotal role in global trade.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Unwavering_Commitment_to_Innovation_A_14-Year_Streak\"><\/span><strong><span class=\"TextRun SCXW225826555 BCX0\" lang=\"VI-VN\" xml:lang=\"VI-VN\" data-contrast=\"auto\"><span class=\"NormalTextRun SpellingErrorV2Themed SCXW225826555 BCX0\">Unwavering<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW225826555 BCX0\">Commitment<\/span><span class=\"NormalTextRun SCXW225826555 BCX0\"> \uc5d0\uac8c <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW225826555 BCX0\">Innovation<\/span><span class=\"NormalTextRun SCXW225826555 BCX0\">: A 14-Year <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW225826555 BCX0\">Streak<\/span><\/span><span class=\"EOP SCXW225826555 BCX0\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div style=\"width: 675px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-26470 size-large lazyload\" data-src=\"https:\/\/smartdev.com\/wp-content\/uploads\/2024\/10\/figure-18-innovation-overperformers-relative-to-their-economic-development-665x1024.png\" alt=\"\" width=\"665\" height=\"1024\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 665px; --smush-placeholder-aspect-ratio: 665\/1024;\" \/><p class=\"wp-caption-text\">Figure 1: Vietnam Among Top Global Innovation Overperformers, Leading Relative to Economic Development<\/p><\/div>\n<p>&nbsp;<\/p>\n<\/div>\n<p style=\"text-align: center;\"><a href=\"https:\/\/www.wipo.int\/web-publications\/global-innovation-index-2024\/en\/gii-2024-results.html\"><span data-contrast=\"none\">Data Source<\/span><\/a><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:2,&quot;335551620&quot;:2,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Since 2011, Vietnam has been recognized as an innovation overperformer, outperforming other countries relative to its development level. For 14 consecutive years, Vietnam has consistently demonstrated superior innovation results when compared to other nations at similar stages of development. This remarkable achievement places Vietnam in an exclusive group of three countries\u2014India, Moldova, and Vietnam\u2014that have sustained this level of performance for over a decade.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">WIPO&#8217;s recognition underscores the effectiveness of Vietnam\u2019s long-term strategy, which prioritizes education, science, and technology as key drivers of national progress. The government\u2019s proactive policies to support research and development, coupled with its focus on strengthening intellectual property rights, have created a conducive environment for innovation to thrive.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Key_Factors_Driving_Vietnams_Innovation_Success\"><\/span><b><span data-contrast=\"auto\">Key Factors Driving Vietnam&#8217;s Innovation Success<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span data-contrast=\"auto\">Several elements contribute to Vietnam&#8217;s long-standing status as an innovation overperformer:<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\"><span class=\"TextRun SCXW49917413 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW49917413 BCX0\">\ud83d\udd39<\/span><\/span>High-Tech Exports and Imports: Vietnam leads globally in the export and import of high-tech products. This is driven by strong partnerships with multinational corporations and a robust domestic manufacturing base, particularly in electronics and information technology sectors.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559685&quot;:0,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\"><span class=\"TextRun SCXW49917413 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW49917413 BCX0\">\ud83d\udd39<\/span><\/span>Creative Goods Exports: Vietnam\u2019s success in exporting creative goods signals its growing strength in industries like fashion, design, and entertainment, which add cultural value to its economic growth.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559685&quot;:0,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\"><span class=\"TextRun SCXW49917413 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW49917413 BCX0\">\ud83d\udd39<\/span><\/span>Venture Capital Growth: Vietnam\u2019s venture capital ecosystem has matured significantly, with the number of venture capital deals jumping 27 places to rank 50th globally. Venture capital recipients have also climbed 10 spots to 44th, signaling an increasing appetite for innovation-driven businesses.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559685&quot;:0,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<div id=\"attachment_26471\" style=\"width: 1004px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" aria-describedby=\"caption-attachment-26471\" class=\"size-full wp-image-26471 lazyload\" data-src=\"https:\/\/smartdev.com\/wp-content\/uploads\/2024\/10\/ttcp.jpg\" alt=\"\" width=\"994\" height=\"548\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 994px; --smush-placeholder-aspect-ratio: 994\/548;\" \/><p id=\"caption-attachment-26471\" class=\"wp-caption-text\">Figure 2: Prime Minister Ph\u1ea1m Minh Ch\u00ednh made remarks via videoconferencing at the 2024 Global Innovation Index (GII) announcement ceremony held by the World Intellectual Property Organisation (WIPO) in Geneva, Switzerland on Thursday. \u2014 VNA\/VNS Photo Anh Hi\u1ec3n<\/p><\/div>\n<p><span data-contrast=\"auto\">Government Policy and Strategic Vision: <\/span><span data-contrast=\"auto\">Vietnam\u2019s leadership has made it clear that innovation is a national priority. Prime Minister Ph\u1ea1m Minh Ch\u00ednh\u2019s remarks at the GII 2024 announcement emphasized the importance of education, training, science, and technology as foundational pillars for Vietnam\u2019s development. By identifying innovation as the &#8220;driving force, resource, and goal&#8221; of national growth, Vietnam is committed to leveraging technology to ensure rapid and sustainable development.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559685&quot;:0,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"International_Collaboration_and_Vietnams_Future_Prospects\"><\/span><b><span data-contrast=\"auto\">International Collaboration and Vietnam\u2019s Future Prospects<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span data-contrast=\"auto\">International cooperation has played a vital role in Vietnam\u2019s innovation success. Organizations like WIPO have supported Vietnam\u2019s efforts to enhance its intellectual property landscape and promote science and technology collaboration. This partnership has been crucial in enabling Vietnam to advance its innovation capabilities and attract foreign investment.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Moving forward, Vietnam is positioning itself to break into the top 40 of the GII rankings. By continuing to focus on education, fostering a culture of innovation, and deepening its integration into the global high-tech economy, Vietnam is poised to sustain its innovation success and further elevate its standing in global rankings.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Vietnam\u2019s rise as an innovation powerhouse is a testament to the nation\u2019s commitment to investing in the future. By continuing to nurture its innovation ecosystem, Vietnam is well on its way to achieving its goals of becoming a prosperous, knowledge-based economy. The future looks bright for a country that has not only embraced innovation but made it central to its national identity and development strategy.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>Vietnam&#8217;s consistent performance in global innovation metrics has garnered international recognition once again. In the&#8230;<\/p>","protected":false},"author":13,"featured_media":27082,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[50],"tags":[],"class_list":{"0":"post-27058","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-case-study"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Vietnam Sets a GII Record: 14 Years as the Longest-Standing Innovation Overperformer | SmartDev<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/smartdev.com\/kr\/vietnam-sets-a-gii-record-14-years-as-the-longest-standing-innovation-overperformer\/\" \/>\n<meta property=\"og:locale\" content=\"ko_KR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vietnam Sets a GII Record: 14 Years as the Longest-Standing Innovation Overperformer | SmartDev\" \/>\n<meta property=\"og:description\" content=\"Vietnam&#8217;s consistent performance in global innovation metrics has garnered international recognition once again. 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