Vietnam ranked 44th out of 133 countries
According to the Global Innovation Index (GII) Report in 2024, Vietnam is ranked 44th out of 133 countries and economies, up 2 places compared to 2023. In the ASEAN region, Vietnam ranks 4th in innovation, after Singapore, Malaysia and Thailand.
The report shows that Vietnam continues to improve its ranking in innovation input, rising 4 places compared to 2023, from 57th to 53rd. In terms of innovation output, Vietnam rose 4 places compared to 2023, from 40th to 36th. Notably, in 2024, Vietnam will have 3 leading indicators in the world: high-tech imports, high-tech exports and creative goods exports (as a percentage of total trade).
Talking about exports in recent times, Vietnam has had many outstanding digital technology exporting enterprises such as Viettel, FPT, KMS Technology, CMC... These enterprises have affirmed Vietnam's position on the world information technology map.
For example, at the Vietnam International Defense Exhibition 2024, Viettel High Tech and High Cloud Technologies (UAE) signed a contract worth over 1 million USD to provide 5G systems for the Middle East market. To do that, Viettel High Tech must master all technologies from the core network to the access network.
An indispensable mark in technology export activities is FPT announcing the milestone of 1 billion USD in IT service revenue from foreign markets. This result makes FPT the first technology enterprise in Vietnam to achieve a billion USD in revenue from software export, marking the Vietnamese intellectual mark globally and actively contributing to the overall development of the economy.
According to a report by the World Bank (WB), Vietnam's digital technology sector is expected to achieve high growth rates, possibly up to 20% per year in the coming period.
To Resolution 57-NQ/TW of the Politburo on breakthroughs in science and technology development
In recent times, our Party and State have had many policies and guidelines to promote the application and development of science and technology, promote innovation and digital transformation, proactively and actively participate in the Fourth Industrial Revolution, and achieve many important results. Digital transformation with digital governance, digital economy, digital society... have become the keywords of innovation in Vietnam.
At the end of December 2024, based on the achievements of digital economic development, General Secretary To Lam signed and issued Resolution 57-NQ/TW of the Politburo on breakthroughs in science and technology development, innovation and national digital transformation. The Resolution identifies that science and technology development, innovation and national digital transformation are the top important breakthroughs, the main driving force for rapidly developing modern productive forces, perfecting production relations, innovating national governance methods, developing the economy - society, preventing the risk of falling behind, bringing the country to breakthrough development, prosperity and strength in the new era.
This Resolution is a clear demonstration of Vietnam's strategic vision and determination in developing science and technology, innovation and national digital transformation. At the same time, it demonstrates the nation's aspirations, the desire of the people, scientists and businesses to promote innovation, with a creative mindset, contributing to the development of the country.
* Vietnam aims for the digital economy to contribute 20% of GDP by 2025 and 30% by 2030. The proportion of the digital economy in industries and fields will reach at least 10% by 2025 and double by 2030. Developing digital infrastructure to meet the needs of connection and data processing is an important factor for the digital transformation process.
* According to a report by the Ministry of Information and Communications, Vietnam has risen to the top of the ASEAN region in terms of digital economic growth rate in 2022 and 2023, after ranking 6th in 2020 and 3rd in 2021. Vietnam's digital economy will grow by 28% in 2022 and 19% in 2023, 3.5 times higher than GDP. In the same year 2022, Vietnam ranked 55th globally in terms of artificial intelligence (AI) readiness and 25th in terms of cybersecurity.
