The Bloomberg Innovation Index is a prestigious international index to effectively assess government policy and the impact of innovation on the economy.
In its seventh year, the Bloombert Innovation Index analyzes dozens of criteria using seven metrics, including research and development spending, manufacturing capability and concentration of high-tech public companies. Vietnam's positive result reflects the efforts of the Vietnamese Government in improving the domestic business environment. Along with Vietnam, India, Mexico, and Saudi Arabia also debuted. South Korea still ranked 1st and Germany came in a close second.
