Vietnam’s innovation startup ecosystem continues to improve significantly in both ranking and growth rate, according to the 2026 Global Startup Ecosystem Index.
The new 2,000-square-meter facility in Hung Yen is expected to strengthen local testing capabilities and support growing demand from Vietnam’s automotive, electronics, and industrial sectors.
Despite being recognized as a key pillar of development, Vietnamese enterprises still have a tough time joining the supply chains of foreign enterprises.
Proposed for the central province's Dong Trach Commune, the two projects represent a combined investment of approximately VND2.5 trillion (approx. $95 million).