Vieät Nam rises in world innovation index

HAØ NOÄI — Vieät Nam jumps two ranks on the Global Innovation Index 2018 (GII) to place 45 out of 126 economies in the GII report published on Wednesday.

With this rise in the rankings, Vieät Nam has leapt 14 ranks compared to 2016.

The sub-indices in which the country saw the greatest ranking improvements are in Institutions, going from 87 to 78; Business Sophistication from 73 to 66 and Creative Outputs from 52 to 46. Gross Expenditure on Research and Development by businesses jumped from rank 36 to 13. Collaboration between university and industry also rose from 76 to 59.

According to GII, the core of the annual report consists of a ranking of world economies’ innovation capabilities and results. A higher ranking in the report means better economic development and richer innovation-prone environments.

HCM City will not raise school tuition fees this year HCM CITY — The HCM City Department of Education and Training has decided not to raise tuition at schools in all of the city’s 24 districts this year.

The city’s Department of Education and Training first sent the proposal to the city’s Department of Finance for evaluation before submitting it to the municipal People’s Committee for approval.

Tuition at kindergartens will continue to be VNÑ200,000 (US$8.6) per month for infant classes, and VNÑ160,000 ($6.9) for nursery classes. Primary schools do not charge tuition. Secondary high schools and high schools will continue to charge tuition of VNÑ100,000 ($4.3) and

VNÑ120,000 ($5.2) per month, respectively.

Schools in five outlying districts will have tuition of VNÑ100,000-140,000 ($4.3-6) per month for kindergarten. Tuition for secondary high schools and high schools in these districts will be VNÑ85,000 ($3.6) and VNÑ100,000 ($4.3) per month, respectively.