Vietnam climbed from 59th to 46th in Global Innovation Index (GII) since 2016 due to government policies and establishment of National Startup Support Center.

Vietnam's innovation drive has resulted in significant progress, climbing from 59th to 46th position in the Global Innovation Index (GII) since 2016. The government has introduced policies to encourage innovation, particularly in businesses, and established the National Startup Support Center. Major cities host national innovation and startup support centers, along with over 20 local innovation and startup centers. Vietnam ranks fourth in ASEAN in terms of investment in innovation and startups.

May 11, 2024
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