What is the projected scale of Vietnam's digital technology industry by 2030?

- Significant Growth in Revenue and Exports: Targets minimum revenue of USD 300 billion for the digital technology industry, with an average growth rate of 12% or higher during the 2026–2030 period. Export revenue of digital technology products and services is targeted to reach a minimum of USD 55 billion/year, with an average growth rate of at least 30%/year. (Legal basis: Point a, Clause 2, Section II, Article 1 of Decision No. 840/QĐ-TTg)

- Strong Expansion of the Enterprise Ecosystem: Strives to reach a scale of 100,000 digital technology enterprises, including at least 05 enterprises on par with those in advanced countries. (Legal basis: Point b, Clause 2, Section II, Article 1 of Decision No. 840/QĐ-TTg)

- Development of a Massive Workforce: Trains and develops a workforce of over 03 million digital technology industry personnel, ensuring a balanced structure among development teams and practical engineers, while establishing a network of leading experts and scientists capable of tackling major national challenges. (Legal basis: Point c, Clause 2, Section II, Article 1 of Decision No. 840/QĐ-TTg)

- Creation of Modern Concentrated Infrastructure: Establishes 16 to 20 concentrated digital technology zones (including at least 01 large-scale zone in key economic regions), constructs at least 01 shared High-Performance Computing Center, and develops a network of key laboratories for testing semiconductor chips and 5G/6G network equipment. (Legal basis: Point dd, Clause 2, Section II, Article 1 of Decision No. 840/QĐ-TTg)

How Will the State Support Enterprises?

- Enterprise-Centric Approach: Places enterprises at the center and identifies the private economy as the most vital driving force for development; encourages Vietnamese enterprises to proactively conduct research, design, produce, and master core technologies to enhance global competitiveness and master the domestic market.

- Enabling Role of the State: The State acts as an enabler by constructing legal frameworks, planning infrastructure, and proactively creating markets for digital technology enterprises through prioritized allocations from the state budget, the National Foundation for Science and Technology Development, the National Technology Innovation Fund, and local funds to order and commission the procurement of key digital technology products. (Legal basis: Point d, Clause 2, Section III, Article 1 of Decision No. 840/QĐ-TTg)

- Controlled Testing Mechanism (Controlled Sandbox) at Local Levels: Supports ministries, sectors, and localities in implementing controlled testing mechanisms (Sandboxes) for products and services applying digital technology, establishing a flexible legal corridor that encourages enterprises to innovate and commercialize new products. Strives for each locality to conduct at least 01 licensing and testing activity. (Legal basis: Point c, Clause 2, Section III, Article 1 of Decision No. 840/QĐ-TTg)

How Does This Strategy Address Semiconductor Chips and AI?

- Establishment of the National Center for Semiconductor Chip Prototyping: Concentrates resources to build and operate a national center supporting prototyping and testing of semiconductor chips. The program aims to establish the center within 2026 with a prototype capacity of at least 5,000 chips, advancing in the 2027–2030 period to support the prototyping of at least 8,000 chips per year. (Legal basis: No. 43, Section X of the Appendix issued attached to Decision No. 840/QĐ-TTg)

- Financial Support for EDA Design and Tool Licensing: Provides financial support to chip design enterprises for research, prototyping (Tape-out), procurement of machinery, specialized equipment, and Electronic Design Automation (EDA) software, while sharing shared IP design software copyright libraries. (Legal basis: Point a, Clause 10, Section III, Article 1 of Decision No. 840/QĐ-TTg)

- Modernization of Laboratories and Shared Infrastructure: Prioritizes investment capital for new construction and upgrades of national shared laboratories for testing, evaluating, and certifying international-standard 5G/6G network equipment, IoT devices, and semiconductor chips. Concurrently builds and operates a shared High-Performance Computing Center (HPC) to tackle major national challenges and develop key digital technology products. (Legal basis: Point a, Clause 5, Section III, Article 1 of Decision No. 840/QĐ-TTg)

How Will Technology Talent and Workforce Be Trained and Incentivized?

- "State–Academia–Enterprise" Collaboration Model: Serves as the core model for developing high-quality human resources aligned with sector ecosystem growth, combining reskilling and upskilling programs to rapidly transform and supplement quality human resources for enterprises. (Legal basis: Clause 4, Section I, Article 1 of Decision No. 840/QĐ-TTg)

- Special Income and Tax Incentive Mechanisms: Prioritizes funding allocation to attract high-caliber digital technology experts and talent through special remuneration packages covering income, personal income tax, and working conditions; provides funding to hire domestic and international experts, scientists, and chief engineers to lead key science and technology tasks. (Legal basis: Point d, Clause 4, Section III, Article 1 of Decision No. 840/QĐ-TTg)

What Should Enterprises Do Today to Avoid Missing This Technological Wave?

Decision No. 840/QĐ-TTg is not merely a macro-level planning document, but a practical action blueprint opening up breakthrough incentive policies for the business and startup community in Vietnam. To avoid missing this strategic technological wave, enterprises should act immediately:

- Proactively Access Financial Support Resources: Small and medium-sized enterprises (SMEs) should actively apply for financial vouchers or direct funding support to rent or purchase digital technology products for green transition; proactively propose loan interest rate support from the National Technology Innovation Fund at credit institutions to invest in receiving technology transfers.

- Participate in Solving Major National Tasks: Position enterprises to participate in public procurement chains and key R&D programs on AI and core digital technologies funded by the state budget, or utilize internal Science and Technology Development Funds to conduct M&A of overseas research institutions to acquire technology.

- Capitalize on the Semiconductor Wave: Semiconductor design and supporting enterprises should maximize the shared infrastructure ecosystem at the National Center for Semiconductor Chip Prototyping and standardized laboratories to minimize expenses related to design, prototyping, and quality testing.

The rapid progress of the digital technology industry toward 2030 presents a golden opportunity. Understanding and fully leveraging the preferential legal frameworks set out in Decision No. 840/QĐ-TTg early will help your business enhance competitiveness and secure its position in the global value chain