What is the Global Innovation Index - GII? By 2030, the GII of Vietnam shall be one of the top 40 countries in the world?

As I know, the Prime Minister has just issued the Strategy for Development of Science, Technology and Innovation by 2030. By 2030, the GII of Vietnam shall be one of the top 40 countries in the world? Thanks a lot!

What is the Global Innovation Index - GII?

The Global Innovation Index (GII) is an index to assess the innovation capacity and innovation results of countries. GII have annually prepared by the World Intellectual Property Organization (abbreviated WIPO), Cornell University (USA) and INSEAD from 2009.

The GII shall base on 84 criteria in the following areas:

- Economic Institutions.

- Human resources and research capacity.

- Infrastructure.

- Sophistication of markets and enterprises.

- Products of knowledge and technology.

- Innovative products.

According to a report of WIPO, Vietnam ranks 44/132 countries and economies in the global innovation rankings in 2021. Vietnam is also one of four middle-income countries catching up with the world's innovation index as assessment of WIPO.

By 2030, the GII of Vietnam shall be one of the top 40 countries in the world?

According to Decision 569/QD-TTg dated May 11, 2022, the Prime Minister sets out specific objectives in the Strategy for Development of Science, Technology and Innovation by 2030 as follows:

- Improve the contribution of science, technology and innovation to economic growth via scientific research and technological development activities of research institutes and universities, technological innovation; improve capacity for management and organization in enterprises. The contribution of total factor productivity (TFP) to economic growth is above 50%.

- Science, technology and innovation play an important role in the development of crucial industries, especially the processing and manufacturing industry; contribute to the restructuring of the economy towards modernity and the development of Vietnam into a country with modern industry by 2030; actively, effectively participate and take advantage of trade and opportunities of the Fourth Industrial Revolution. By 2030, the proportion of the value of high-tech industrial products in the processing and manufacturing industries will reach at least 45%.

- Science, technology and innovation significantly contribute to formulation and development of cultural, social and human values; provide scientific evidence for the formulation of the guidelines and policies on the national development; maintain the human development index (HDI) that is above 0.7

- The Global Innovation Index (GII) has been continuously improved. Vietnam has become one of the top 40 countries in the world.

- By 2025, the investment in science and technology is expected to be 1.2% - 1.5% of GDP, in which the total national expenditure on scientific research and technological development is expected to be 0.8% - 1% of GDP and the society's contribution to scientific research and technological development is expected to be 60% - 65%. By 2030, the investment in science and technology is expected to be 1.5% - 2% of GDP, in which the total national expenditure on scientific research and technological development is expected to be 1% - 1.2% of GDP and the contribution of society for scientific research and technological development is expected to be 65% - 70%.

- By 2025, the number of human resources for scientific research and technological development (full-time conversion) will reach 10 people per ten thousand people and 12 people per ten thousand people (2030). In particular, focus on the development of human resources in the enterprises.

- The science and technology organization system has been restructured in association with priority given to development of nation, industry and sector toward autonomy, linkage, and approach to international standards. By 2025, there are 25 - 30 science and technology organizations that have been ranked in the region and world. By 2030, there are 40 - 50 science and technology organizations that have been ranked in the region and world.

- By 2030, the number of enterprises meeting the criteria for science and technology enterprises and the number of innovative start-up companies will double in 2020; the rate of enterprises with innovative activities is expected to be 40% of the total number of enterprises.

- The number of international publications will increase by an average of 10% per year. The number of patent applications and granted protection titles will increase by an average of 16% - 18%/year. The number of applications for protection of plant varieties will increase by an average of 12% - 14%/year, 10% - 12% of these applications will be filed abroad. The rate of patents that are commercially exploited will reach 8% - 10% of the number of patents granted protection titles. Develop national quality infrastructure (NQI) to meet the requirements for international integration in terms of standards, measurement and quality. Vietnam will belong to the group of 50 leading countries in the world.

Thus, the Prime Minister sets out specific objective on the GII in the Strategy for Development of Science, Technology and Innovation by 2030: The Global Innovation Index (GII) has been continuously improved. Vietnam has become one of the top 40 countries in the world.

What are the regulations on implementing the innovation objectives by 2030 in Vietnam?

Pursuant to Decision 569/QD-TTg dated May 11, 2022, to achieve the above innovation objectives, the Prime Minister has prepared the orientation for innovation activities as follows:

- Agriculture:

Promote investment in breeding technology, care and monitoring technology according to the standards of the safety and traceability, preservation technology, processing technology of the large enterprises; focus on investment in hi-tech agricultural zones, large-scale projects, deployment of advanced and effective the models of culture according to standards in the world; develop new techniques for business into small and medium-sized enterprises in agriculture, forestry and fishery.

Focus on mastery of important combinations of technology for breeding through self-research, development as well as extraction of seed banks, purchase of seeds in foreign countries in order to decipher and master the technology. Focus on the application of biotechnology, information and communication technology and automation technology in order to build a smart, safe, circular, efficient and sustainable agriculture, promote the advantages of the tropical agriculture.

Create agricultural innovation systems in association with the economic models of agriculture, production chains, goods category-specific value chain and products with high economic value,... effectively contribute to connection between the development of agriculture, construction of new countryside and improvement of the mental and physical aspects of the farmers’ life.

- Industries, construction and transportation:

Implement the process of restructuring with orientation towards science, technology and innovation. It is one of the breakthrough solutions, especially in the context of the Fourth Industrial Revolution. Continue to encourage large enterprises to heavily invest in innovation, absorption and mastery of technology, especially intelligent manufacturing and production technologies, innovation in the models of management, business and innovation in products, thereby both play the leading role and establish connection, creation of networks and promotion of innovation with small and medium-sized enterprises.

Strongly promote innovation in lines, equipment, machinery and technology, deploy training in capacity for management and extraction of technology; at the same time, apply the new models of business, innovation that have been successful to small and medium enterprises.

Create innovation systems in association with industrial clusters, domestic value chains and global value chains in industries with high revenue and high export value including textiles, footwear, electronics, machinery equipment, wood processing, agricultural product processing, mining, pharmaceuticals,... in order to promote the increase in productivity, quality and competitiveness of products, services and Vietnamese brands.

Focus on promotion of innovation in fundamental and crucial industries including energy, mechanical engineering, metallurgy, chemicals, fertilizers, materials, information and communication technology, electronics – telecommunication engineering, manufacturing of robot and automobile, integrated equipment for automatic operation, remote control, software manufacturing,...

- Service:

Widely and strongly applying technology platforms of the Fourth Industrial Revolution, new business models in service, business and public service activities. Develop standards, legal frameworks, mechanisms and policies to create favorable conditions for the development of business enterprises according to digital platforms, enterprises that apply digital technology and services.

Assist to train management and administration of technology, update new technology; advise selection for appropriate technology, assist to train operation and application to production and trade. Assist enterprises to connect, share infrastructure and data to optimize the business models according to technology platform.

- Regions:

Promote innovation in key regions in association with the advantages of each region; in particular, the Red River Delta and the Southeast of Vietnam in association with industrial parks and hi-tech parks; the Northern Midlands and Mountains region in association with clean agricultural products and tourism; the North Central and Central Coast regions in association with agriculture and marine economy; the Western Highlands in association with agro-forestry products, processing of agro-forestry products and tourism; the Mekong Delta region in association with the strength of agricultural production, the development of processing of agricultural products, the breeding centers and technology transfer. Promote research on culture, religion, people and measures for response to climate change in association with the characteristics of regions and local areas.

Create innovation system in association with value chains, industry clusters and innovation startup ecosystems in regions and local areas that have all necessary conditions for human resources of innovation, education and training facilities, research institutes, material and technical facilities in association with the economic advantages of the regions and local areas.

Thư Viện Pháp Luật

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