14:16 | 22/04/2016 Science - Technology
(VEN) - According to experts, Vietnam’s increased Global Innovation Index (GII) reflects the positive changes in the domestic science and technology policies and it will probably record further increases if the country continues to focus on science and technology development, training human resources, improving management systems and focusing on adapting to international best practice.
Leaps and bounds
According to the World Intellectual Property Organization (WIPO), Vietnam jumped 19 places last year, ranking 52nd among 141 world economies and among the top three in ASEAN, which was an objective assessment of WIPO in conjunction with the US-based Cornell University and the France-based INSEAD Business School.
Vietnam ranked 76th in 2013, 71st in 2014 and 52nd in 2015, said Ta Doan Trinh, Director of the National Institute for Science and Technology Policy and Strategy Studies under the Ministry of Science and Technology.
The GII report identifies three groups of countries including innovation leaders, innovation learners and innovation underperformers, with Vietnam ranked among the second group.
The GII assessment was based on 79 criteria related to science and technology input, output, institutions, human resources and infrastructure, and published and applied scientific results, reflecting national scientific innovation as well as the level of national development.
Vietnam’s GII leap was the result of the great efforts from related ministries, agencies and enterprises and reflected the positive changes in the domestic science and technology policies, said Deputy Minister of Science and Technology Pham Cong Tac.
The Science and Technology Law which was amended and approved in 2013 and took effect from January 1, 2014 has been regarded to boost scientific and technological development in Vietnam, with more than 2,600 articles on manufacturing vaccines, engineering and manufacturing out-of-gauge products and oil and gas drilling rigs published by the Institute for Scientific Information.
According to Science and Technology Minister Nguyen Quan, Vietnam can be proud of its GII high ranking last year, but it is still a far cry from Malaysia, which stands 20 places ahead and Singapore which ranked 45 places higher. Moreover, maintaining third place among ASEAN countries also requires Vietnam to make greater efforts in the coming years in a period of intensive international integration. “It is expected that the Science and Technology Law as well as government decrees and circulars guiding the implementation of this law will be successfully applied to improve the efficiency of scientific and technological activities, which should help improve Vietnam’s GII,” said Nguyen Quan.
The government has approved the launch of National Technology Innovation Program, the establishment of VND1 trillion National Technology Innovation Fund with a view to supporting corporate technological innovation and new scientific products. “If this fund was set up several years ago, it would have better facilitated domestic scientists. However, the fund could not work then due to unapproved operational mechanisms and financial expenses. The fund has entered operation since 2015 and considerations are being made on how to use the funds for the first technological innovation projects, “said Nguyen Quan.
The Ministry of Science and Technology is implementing many programs in support of science and technology organizations and scientists to implement their projects including National Product Development, National High-tech Development, Program on Improving Productivity and Quality of Vietnamese Goods until 2020, and Science and Technology Enterprises Assistance.
Vietnam ranks third in the Global Innovation Index (GII) after Singapore and Malaysia in ASEAN, and 52nd among 141 world economies, surpassing some countries with higher per-capita GDP including South Africa, Serbia, Brazil and Uruguay.