A brand new decree is enacted to promote technology switch and innovation via complete incentives, reinforcing the nation’s push towards an innovation-driven economic system.
The Government has not too long ago launched a raft of assist insurance policies and incentives geared toward encouraging enterprises to perform technology utility and innovation.
Under Decree 101/2026/ND-CP detailing quite a few articles the Law on Technology Transfer, a complete assist framework might be established with 4 key coverage teams that cowl the whole course of, from technology acquisition and growth cooperation to creation of enterprise assist networks.
The first coverage group focuses on supporting enterprises implementing tasks within the sectors or areas eligible for funding incentives that purchase applied sciences transferred from science and technology organisations. To be certified, enterprises should have legitimate technology switch contracts or certificates of registration for technology switch in accordance with related legal guidelines.
Eligible enterprises could obtain assist via science, technology and innovation programmes, in addition to actions geared toward creating innovation techniques and startup ecosystems and fostering a startup tradition.
The second coverage group goals to promote cooperation between enterprises and associated companies, organisations and people in implementing tasks on technology innovation, startup and infrastructure growth for science, technology and innovation.
The cooperation will vary from technology growth and enchancment, testing and mastering of manufacturing traces, to commercialisation of analysis outcomes and formation of startup enterprises. Parties to the cooperation might be given precedence for entry to assets via science and technology programmes, analysis infrastructure providers, innovation assist funds, and home and worldwide innovation networks.
As per the third coverage group, state assist might be offered to organisations and enterprises concerned in technology switch actions, together with transferors and transferees in addition to middleman organisations within the science and technology market.
These entities will obtain assist to perform science, technology, and innovation duties, together with actions associated to analysis, growth, utility, switch, innovation, and startup growth. Funds might be offered via the National Technology Innovation Fund, science and technology growth funds of state companies on the central stage and provincial-level People’s Committees, and different lawful funding sources.
Finally, the fourth coverage group focuses on creating the community of organisations that assist small- and medium-sized enterprises, cooperatives, enterprise households and people. The community might be entitled to precedence entry to funds from science, technology and innovation budgets and obtain assist via particular programmes and duties, task-ordering mechanisms, and different networking actions, corresponding to boards, and home and worldwide linkage networks.
– (VLLF)