The 2018 Global Competitiveness Report published by the World Economic Forum showed that Vietnam ranked 77/140 economies in the competitive ranking, down 3 ranks compared to 2017. It is worth noting that, according to the overall score, this year, Vietnam increased slightly but still dropped from the beginning because since this time WES changed its ranking: Not basing on weight but emphasizing the content: Innovation, Creativity – The basic factors creating future economic growth. And in the 12 evaluation pillars, Vietnam scored the lowest in the Enterprise Innovation Capability pillar. Cheap resources and labor, which were once considered advantages in Vietnam, are no longer the driving force or factors to attract investment for growth.
Today, technology, knowledge and creativity have become key factors in determining the competitiveness and economic growth of each nation. Is Vietnam out of the loop? The short answer is: No.
Innovation is an indispensable trend and Vietnam must be a part of it by default.
Business innovation, breaking through from thinking to action in the 4.0 industrial revolution has really been a decisive factor to help businesses take the lead and go far in sustainable and long-term development. Clearly expressing his views on this issue, Hai Phat Representative, Mr. Dinh The Quynh – Deputy General Director of Hai Phat said: “Not be outside the trend of innovation and creativity, with Hai Phat Group and Hai Phat Land, we also step by step put platform applications into corporate governance to how to pack all the processes of the enterprise most effectively, manage large customer data, and total inventory of projects that the system is implementing. In addition, Hai Phat also applies technology to manage virtual reality technology in Real Estate Marketing so that customers have the fastest and most realistic experiences when they do not need to take place but still experience the utilities. that the project has ”.
