The nation is home to 4,000 innovation startups, and a growing innovation ecosystem comprising 208 investment funds, 84 incubators and 40 business accelerators.
The law, scheduled to take effect on January 1, 2026, is expected to promote national digital transformation process, paving the way for domestic tech enterprises to grow sustainably, integrate deeply into the global market, and contribute to establishing a new position for Viet Nam on the world stage.
At the January 15 event, Party General Secretary To Lam called for more efforts to place Vietnam among the top three Southeast Asian countries for digital technology research and development by 2030.