Speaking at a working session on April 22 with the Ministry of Science and Technology, the Government chief mentioned that, in keeping with the Politburo’s Resolution 57 on science, expertise, innovation, and digital transformation, a minimum of 3% of whole annual State finances expenditure needs to be allotted to those sectors.
Reports on the assembly confirmed that in 2025 and the primary quarter of 2026, the ministry had suggested the issuance of 10 legal guidelines and one decision, together with 35 decrees and 60 choices. It additionally recognized 11 teams of strategic technologies comprising 35 key expertise merchandise.
Last yr, Vietnam recorded 53 sci-tech organisations reaching regional and worldwide requirements, alongside six high-tech parks. High-tech exports accounted for practically 50% of whole exports. The nation ranked forty fourth out of 139 economies within the Global Innovation Index, whereas its startup ecosystem stood fifty fifth globally.
By the top of March 2026, 5G community protection reached 91.9% of the inhabitants, with over 22.4 million subscribers. Vietnam ranked 14th globally in cellular web velocity and ninth in fastened broadband velocity, whereas its IPv6 infrastructure ranked seventh worldwide.
Progress has additionally been evident within the improvement of the digital authorities, digital society, and digital financial system. The variety of digital expertise enterprises rose sharply, with an extra 1,394 companies established. Exports of digital expertise merchandise had been estimated at over 45 billion USD, whereas whole export turnover reached roughly 172 billion USD. Meanwhile, the e-commerce market expanded to 36 billion USD, thrice its 2020 dimension.
The whole State finances allotted to science, expertise, innovation, and digital transformation this yr stands at 65.02 trillion VND (2.47 billion USD). To date, 92.27% of recurrent expenditure and 68.58% of funding spending have been disbursed, with the rest beneath overview.
Concluding the session, the PM acknowledged the ministry’s efforts whereas mentioning a number of shortcomings. Looking forward, he referred to as for a shift in governance pondering from input-based help for enterprises to output-based mechanisms, alongside the removing of bottlenecks by managed danger acceptance, mastery of core technologies, and efficient administration of digital property and digital currencies.
Highlighting the significance of accelerating digital transformation, notably within the digital financial system, he set targets for the sector to account for 30% of GDP and for over 40% of enterprises to interact in innovation actions.
The chief additionally directed the ministry to urgently submit, inside April, three decrees and two prime ministerial choices guiding the implementation of the legal guidelines on digital transformation and on synthetic intelligence. It was additionally tasked with reviewing and finalising the checklist of strategic technologies and merchandise.
In addition, the ministry should coordinate with the Ministry of Finance to finish tips on standards, procedures, and funding mechanisms for science, expertise, innovation, and digital transformation initiatives. This consists of transitioning from direct finances allocation to an order-based mechanism tied to outcomes, in addition to establishing managed regulatory sandbox frameworks for analysis.
By the second quarter of 2026, the ministry is required to work with related businesses to draft a decision on a brand new improvement mannequin for the nation based mostly on science, expertise, innovation, and digital transformation, for submission to the Party Central Committee.
PM Hung additional referred to as for a complete restructuring of analysis infrastructure and the innovation ecosystem, together with reforms to 16 key nationwide laboratories, the introduction of breakthrough mechanisms for science and expertise exchanges, and enhanced help for mental property valuation and registration.
He additionally urged the swift institution of standards for recognising innovation centres and modern enterprises, with completion focused for May 2026./. VNA