Vietnam Supports the Triple Collaboration Model to Strengthen the Innovation Ecosystem
At a meeting chaired by Deputy Prime Minister Ho Quoc Dung, it was decided to increase cooperation between research, higher education, and businesses in order to develop the national innovation ecosystem.
Deputy Prime Minister Ho Quoc Dung chaired a critical meeting involving relevant ministries and agencies aimed at developing the national innovation ecosystem. The meeting addressed Vietnam's position in the Global Innovation Index and emphasized the need to strengthen the triple collaboration model.
Participants and Agenda of the Meeting
Led by Deputy Prime Minister Ho Quoc Dung, the meeting was attended by Deputy Minister of Science and Technology Hoang Minh, Deputy Minister of Finance Nguyen Duc Chi, Deputy Minister of Education and Training Pham Quang Hung, and leaders of various agencies.
Global Innovation Index Rankings
According to information provided by the Ministry of Science and Technology, Vietnam ranked 43rd out of 139 countries in the 2026 Global Innovation Index, rising one spot compared to the previous year and ranking 3rd in the ASEAN region.
Current Deficiencies and Challenges
Although innovation outputs rose to 35th place and showed continuous improvement, it was stated that deficiencies persist in the areas of institutional quality, research and development investments, highly qualified human resources, and venture capital.
Triple Collaboration and New Targets
Drawing attention to the importance of the triple collaboration model to be implemented between the state, educational institutions, and businesses, it was decided that at least fifty percent of research topics will be linked to businesses by 2030.
Instructions Given to Ministries
As a result of the meeting, instructions were given to all relevant ministries, primarily the Ministry of Science and Technology, to remove institutional barriers, operate funds efficiently, and support technology commercialization.