Deputy Minister of Science and Technology Tran Quoc Khanh told a conference in Hanoi on Thursday that this is the highest GII ranking Vietnam has achieved. 

Vietnam among world’s 50 most innovative countries (VOV)

Vietnam’s GII topped the 27 lower-middle income countries on the list and ranked third among ASEAN members, behind Singapore and Malaysia. Sacha Wunsch-Vincent, a senior expert with the World Intellectual Property Organization (WIPO) attributed Vietnam’s progress to its business and investment climate, which creates favorable conditions for innovation to thrive.