Vietnam targets better Global Innovation Index
The World Intellectual Property Organization stands ready to work closely with Vietnam to turn its innovation goals into concrete outcomes.
THE HANOI TIMES — Vietnam plans to leverage intellectual property (IP) as a strategic tool to boost its Global Innovation Index ranking, aiming to move from 44th to the top 40 by 2030 and the top 30 by 2045.
The index plays a key role in Vietnam’s push for rapid and sustainable development, with targets of double-digit GDP growth in 2026–2030 and achieving its centennial goals by 2030 and 2045.
The foundation for these lies in leveraging intellect, science and technology, innovation, digital transformation, and developing a green, digital, and knowledge-based economy.
An exhibition booth in the celebration of World Intellectual Property Day (April 26) held in Hanoi this year. Photo: Kinh te & Do thi Newspaper
The ideas were shared at the meeting between Prime Minister Pham Minh Chinh and Daren Tang, Director General of the World Intellectual Property Organization (WIPO), in Hanoi this week.
The government leader reaffirmed Vietnam’s consistent stance on promoting international solidarity and upholding multilateralism to address global and regional challenges.
Chinh urged WIPO to help Vietnam foster investment efficiency in science and technology, and develop high-tech industrial, service and urban zones.
Daren Tang affirmed that Vietnam has become a close partner of WIPO. He praised the country’s strong political commitment and forward-looking approach to science, technology and innovation.
Compared to other countries at a similar level of socio-economic development, Vietnam stands out as a model of innovation, scientific and technological advancement, and human capacity building, Daren Tang said, stressing that WIPO is committed to further enhancing close cooperation and expanding support activities for Vietnam.
On this occasion, Vietnam and the WIPO signed a Memorandum of Understanding (MoU) to boost IP cooperation and innovation goals. The MoU, which sets out a comprehensive framework for IP cooperation, covers policy and legislative development, training human resources, and supporting enterprises.
Vietnam’s IP Office will serve as the focal point for implementing the MoU, while WIPO’s Asia and the Pacific Division will coordinate from the organization’s side.
