How are Foreign Investors Responding to Vietnam’s New Data Localization Regulation
Vietnam ranked 48 out of 132 economies in the Global Innovation Index 2022 by the World Intellectual Property Organization (WIPO). The country performed well in many aspects of technology and FDI, yet indicating that there is still room for improvement in other areas. Vietnam Briefing provides insights into the strengths and weaknesses of Vietnam, its position and ranking, and a comparison with its regional peers.
Vietnam ranked 48 out of 132 countries in the Global Innovation Index (GII) which measures countries’ innovative capacities, highly correlated with more efficient businesses and economic development.
What is the GII?
Developed by World Intellectual Property Organization (WIPO) in collaboration with Cornell University and INSEAD, the GII ranks the innovation performance of countries around the world based on 80 indicators divided into seven pillars: institutions, human capital and research, infrastructure, market sophistication, business sophistication, knowledge and technology outputs, and creative outputs.
