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Vietnam jumps 20 places in global innovation index

Vietnam ranked 51st among 125 economies in the Global Innovation Index (GII) 2011, jumping 20 places from its 71st position in 2010.
Vietnam ranked 51st among 125 economies in the Global Innovation Index(GII) 2011, jumping 20 places from its 71st position in 2010.

Accordingto the GII 2011 Report, jointly launched by the World IntellectualProperty Organisation (WIPO) and the Business School for the World(INSEAD), Switzerland held the first place in the rankings, followed bySweden and Singapore.

Malaysia led the Southeast Asian region, ranking 31st and Thailand came second with the 48th position.

TheIntellectual Property Department said that the GII 2011 covered 125economies worldwide based on their technological innovation results.

Theindex aims to emphasise the role of technological innovationactivities, considering them the centre of economic growth and betterjobs as well as a key to improved competitiveness of the economies,industries and businesses./.
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