Deputy Prime Minister Nguyen Chi Dung has officially signed Decision No. 604/QĐ-TTg, approving amendments and supplements to the National Strategy for Science, Technology, and Innovation (STI) Development through 2030.
The strategy aims to transform science, technology, and innovation into the primary driver of economic growth. It is designed to be the decisive factor in enhancing productivity, growth quality, and national competitiveness. Furthermore, the strategy focuses on mastering core and strategic technologies to establish a firm foundation for national technological autonomy.
By 2030, Vietnam aims for high-tech exports to account for at least 50% of the country’s total export value. The nation also targets a consistent rise in the Global Innovation Index (GII), aiming to break into the top 40 leading countries worldwide.
Regarding investment, total social expenditure on research and development (R&D) is expected to reach at least 2% of GDP, with non-State funding contributing over 60%. The Government plans to allocate at least 2% of the annual state budget to STI development, with increases as necessary to meet development demands.
A major highlight of the strategy is the development of human capital, aiming for 12 scientific research and technological development personnel (full-time equivalent) for every 10,000 people. Additionally, Vietnam aims to have at least 50 science and technology organizations ranked among the best in the region and the world.
In terms of academic and intellectual property output, the strategy targets: a 10% average annual increase in international scientific publications; a 16–18% annual growth in patent applications and protection titles; and a commercialization rate for patents of 8–10%.
The strategy also focuses on National Quality Infrastructure (NQI), aiming for a spot in the world’s top 50. In the field of Artificial Intelligence (AI), Vietnam aims to be among the top three leading nations in Southeast Asia for R&D.
For the business sector, the goal is for the technological and innovation capacity of Vietnamese enterprises to reach the global average. The strategy sets a target for over 40% of all enterprises to engage in innovation activities, and at least 30% of research results from institutes and universities to be commercialized.
Finally, Vietnam intends to cultivate 5 to 10 regional-scale technology corporations in strategic sectors. The strategy emphasizes mastering and domestically producing key strategic technology products that have a significant impact on both the national economy and national security.
Google translate