Vietnam is making science, expertise, innovation, and digital transformation the inspiration of its progress technique, viewing them as important breakthroughs to attain prosperity and international competitiveness within the coming a long time.
Innovation has develop into an inevitable pattern and a strategic selection for Vietnam. On December 22, 2024, Party General Secretary To Lam signed Resolution No. 57-NQ/TW of the Politburo on breakthroughs in growing science and expertise, innovation, and nationwide digital transformation.
The decision serves as a guiding framework for the nation’s development within the new period, establishing complete reforms in establishments and insurance policies to speed up progress in these areas.
Ho Chi Minh City – The most dynamic innovation hub
In Ho Chi Minh City, innovation has been clearly demonstrated by means of the town’s transition from a “managerial role” to that of a “major client”, proactively commissioning 22 main challenges in science and expertise, innovation, and digital transformation together with the use of unmanned aerial automobiles (UAVs) for environmental monitoring and concrete visitors administration.
The metropolis’s digital infrastructure continues to broaden, with 5G protection now reaching almost 70 p.c of the world, alongside 13 knowledge facilities and 9 digital expertise zones.
According to Le Thanh Minh, Deputy Director of the Ho Chi Minh City Department of Science and Technology, the share of enterprises in key industries engaged in innovation actions rose from 39.9 p.c in 2021 to 44.8 p.c in 2023, and is anticipated to succeed in about 45 p.c by 2025.
Ho Chi Minh City at the moment possesses one of probably the most complete and large-scale science-technology and innovation ecosystems in Vietnam, that includes a high-tech park, a high-tech agricultural zone, 10 main knowledge facilities, and 18 start-up help facilities. The metropolis is house to just about 50 p.c of Vietnam’s start-ups, together with main tech unicorns such as VNG and MoMo.
For the 2026–2030 interval, the town goals to develop into a regional innovation hub, a world monetary middle primarily based on digital expertise, and an ASEAN middle of intelligence succesful of attracting international consultants, start-ups, and traders.
Da Nang was honored with the “Vietnam Smart City Award 2025”, together with three particular awards for good governance and administration, inexperienced setting and sustainable development, and innovation-driven entrepreneurship. It was additionally voted the “Most Livable City in Vietnam” by residents.
According to Nguyen Thanh Hong, Director of the Da Nang Department of Science and Technology, the town has achieved important breakthroughs in high-tech business, semiconductor expertise, and digital infrastructure, highlighted by key initiatives such as the launch of the Da Nang Software Park No. 2 and the Advanced Packaging Technology Laboratory (Fab-Lab) venture.
Together with Ho Chi Minh City and Da Nang, Hanoi stands as one of Vietnam’s three main innovation facilities. The metropolis’s innovation ecosystem is structured throughout a number of ranges, with the National Innovation Center in Hoa Lac Hi-Tech Park and the Hanoi Innovation Center serving as the core coordinators and connectors.
According to Truong Viet Dung, Vice Chairman of the Hanoi People’s Committee, the town’s 2026–2030 development mannequin will deal with three strategic pillars: science and expertise, innovation, and the digital financial system.
In 2025, Hanoi issued six thematic resolutions masking innovation, startups, coverage sandboxes, enterprise funding, expertise exchanges, and innovation facilities by establishing a unified and clear authorized framework that comprehensively helps the native innovation ecosystem.
This strategic strategy has yielded constructive outcomes; Hanoi continues to rank first nationwide within the Local Innovation Index, main in 18 out of 52 part indicators.
According to the Ministry of Science and Technology, Vietnam is at the moment house to just about 4,000 revolutionary startups and two tech unicorns. In the 2025 Global Innovation Index (GII), Vietnam ranked forty fourth out of 139 nations, whereas its startup ecosystem index positioned fifty fifth out of 100. Several main Vietnamese cities secured spots throughout the international high 1,000 startup hubs, with Ho Chi Minh City rating a hundred and tenth, Hanoi 148th, and Da Nang 766th. These developments have propelled Vietnam into the highest three fastest-growing startup ecosystems globally and secured its place as the fifth strongest within the ASEAN area.
Innovation – A national imperative
Speaking on the National Innovation Festival 2025, Party General Secretary To Lam affirmed that Vietnam has no various however to view science, expertise, innovation, and digital transformation as high breakthroughs and the important thing drivers for renewing the expansion mannequin and reaching the 2 centennial objectives turning into an upper-middle-income nation by 2030 and a high-income developed nation by 2045.
At the National Startup Innovation Festival (TECHFEST Vietnam 2025), Prime Minister Pham Minh Chinh emphasised that the Party and the Government have launched quite a few insurance policies to foster innovation and entrepreneurship. He highlighted the shift from a “management mindset” to a “development-enabling mindset”, selling inexperienced vitality, human useful resource development, and recognizing the personal sector as a significant engine of the financial system.
According to Deputy Minister of Science and Technology Hoang Minh, following the Politburo’s conclusion and consistent with Resolution No. 57-NQ/TW, the Ministry is growing the National Strategy for Innovative Startups by 2030, setting formidable objectives:
– Some 5 million enterprise entities, together with 1 million “one-person enterprises”;
– 10,000 revolutionary startups;
– At least 300 innovation facilities and clusters nationwide;
– Vietnam’s Global Innovation Index (GII) rating among the many high 40 nations;
– At least 5 startups valued at over US$1 billion;
– A enterprise capital market price US$3 billion.
By employees writers – Translated by Anh Quan