Industry Innovation Index

The project “Innovation Index for Economic Sectors in Vietnam” develops a comprehensive framework to measure and compare innovation performance across key industries. Co-funded by the Ministry of Science and Technology of Vietnam and VinUniversity, it pilots six sectors—food processing, tourism, aquaculture, energy, footwear, and finance–banking. By integrating firm-level data and ecosystem indicators, the project builds Vietnam’s first comprehensive innovation database hosted by GREEN-X. The results will support policymakers, businesses, and researchers in designing evidence-based innovation strategies, promoting sustainable growth, and strengthening Vietnam’s innovation ecosystem.

Develop a comprehensive Sectoral Innovation Index Framework
Build upon the OECD Composite Indicator Methodology to design a robust, two-layer framework that captures both innovation ecosystem conditions (policy, infrastructure, human capital, collaboration) and enterprise-level innovation performance (R&D, product/process innovation, digital adoption).

Conduct comparative measurement across six key sectors
Extend pilot implementation beyond the three MOST-funded sectors—food processing, tourism, aquaculture—to include energy, footwear, and finance–banking. This broader scope ensures cross-sector comparability, statistical validity, and deeper insight into Vietnam’s industrial innovation landscape.

Establish a National Innovation Data Repository
Compile, validate, and integrate survey and administrative data into a structured database hosted by the GREEN-X Center at VinUni, enabling longitudinal analysis and policy monitoring.

Generate actionable evidence for policy and academia.
Produce evidence-based recommendations for sectoral innovation governance, alongside international scientific publications, toolkits, and datasets that inform future policy design, benchmarking, and academic research.