At the event (Photo: cand.com.vn)

Highlighting positive impacts of innovations, NIC Deputy Director Vo Xuan Hoai said they contribute up to 95% of the national economic competitiveness and that 66% of innovation values impact people’s daily activities.

Many economists shared the view that innovations are necessary in both public and private sectors, adding that they will create opportunities for the public sector to lead and orient the private one.

According to Dr. Pham Thi Thu Trang from the NIC, the innovation index framework measures innovation capacity of public organizations, gives policymakers insight into innovation levels and momentum in agencies and organizations in the sector, and serves as a basis for the agencies and organizations to promote innovations.

Some said to maximize the innovation index framework, it is necessary to ensure fair development between agencies and localities.

Source: VNA