Researchers of Viettel R&D (Photo: nld.com.vn)

This year’s rankings were announced Wednesday by the World Intellectual Property Organization (WIPO).

Vietnam also made the list of 50 economies that have seen the most progress in the GII rankings in recent years.

Ahead of the release of the 2020 GII rankings, Francis Gurry, Director General of the WIPO, underscored the importance of innovation in a nation’s efforts to recover from the negative economic impacts of the COVID-19 pandemic.