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Vietnam advances to 43rd in global innovation rankings

Vietnam has climbed one position to rank 43rd among 139 countries in the Global Innovation Index 2026, with notable improvements in innovation output and export competitiveness. The advancement reflects the nation's progress toward strengthening its business climate and economic performance.

LSN Vietnam · 5 October 2026

Vietnam advances to 43rd in global innovation rankings

Vietnam's innovation standing has improved in the latest Global Innovation Index assessment, with the country now positioned at 43rd globally, up from 44th in 2025. The World Intellectual Property Organization's annual ranking tracks innovation performance across nearly 140 countries and economies worldwide.

The country's innovation output ranking showed particular strength, advancing by two positions in the latest survey. More significantly, Vietnam demonstrated world-leading performance in two export indicators, securing first-place rankings globally in those specific categories and underscoring the competitive advantage of Vietnamese products and services in international markets.

The improved rankings come as Vietnam implements strategic initiatives designed to enhance its business environment and boost overall economic competitiveness. Policymakers are focusing on structural reforms and targeted investments to sustain momentum in innovation-driven growth, recognizing the sector's critical role in Vietnam's development trajectory.

Vietnam's advancing position in global innovation metrics reflects broader economic trends across Southeast Asia, where several nations are increasing focus on research, development, and technology-based industries. The country's performance in export competitiveness demonstrates that innovation gains are translating into tangible commercial advantages in global supply chains and international trade.