Vietnam has set a target to increase the contribution of science and technology, innovation and digital transformation to the national GDP to 17.5% as part of a 2026 action plan signed by Prime Minister Pham Minh Chinh, head of the Government Steering Committee on science and technology development, innovation, digital transformation and Project 06.
The plan also targets the digital economy’s share of GDP at 14.5% in 2026.
In terms of digital infrastructure and data platforms, 5G coverage is expected to reach 70% of the population nationwide.
The Government aims to increase by 30% the number of innovative startups operating in science and technology, innovation and digital transformation.
At least 30–50 new spin-off enterprises are expected to be established from university and research institute outcomes in 2026, with Hanoi accounting for at least 20 of them.
In the field of science, technology and innovation, the Government aims to successfully commercialize at least five products listed in the national portfolio of strategic technologies, including semiconductor chips, 5G network equipment, industrial robots, artificial intelligence and unmanned aerial vehicles (UAVs).
At least 15% of state budget expenditure for science will be allocated to research and development of strategic technologies.
Google translate