Under Resolution No. 86/NQ, CP, the strategy seeks to foster a broad start-up ecosystem grounded in science, technology and digital transformation, while supporting industrialisation, modernisation and sustainable development.
By 2030, Vietnam aims to have 5 million business entities, including at least 10,000 innovative start-ups. All higher education and vocational institutions are expected to integrate entrepreneurship into their curricula, while all essential business registration procedures will be conducted digitally.
The plan also targets 60 per cent of businesses using digital platforms and 40 per cent adopting shared digital services. A nationwide network of at least 300 innovation hubs, centres and clusters will be established.
Vietnam aims to rank among the world’s top 40 countries in the global innovation index and within the top 45 in start-up ecosystem rankings. At least five start-ups are expected to reach valuations of USD 1 billion, while the venture capital market is projected to reach USD 1.5 billion.
By 2045, the country targets a place among the top 30 globally in innovation and start-up development. The strategy envisions one in ten citizens engaging in entrepreneurial activity, with one enterprise for every 35 people and one innovative start-up for every 5,000 people.
At least 100 start-ups are expected to achieve valuations exceeding USD 100 million, while the venture capital market could expand to USD 10 billion.
To achieve these goals, the government plans to raise public awareness, develop shared infrastructure and establish community based innovation spaces tailored to local conditions. Several national and regional innovation clusters will also be prioritised.
Pilot mechanisms will be introduced for controlled testing of new products, services and technologies, focusing on sectors such as digital assets, artificial intelligence, financial technology and logistics to attract talent and international investment.
The strategy also emphasises improving the legal framework, developing human resources and expanding capital markets to support start-ups.
Vietnam will strengthen international cooperation to mobilise external resources while enhancing domestic capabilities. This includes partnerships with at least five global organisations to deliver incubation and acceleration programmes, expanding overseas Vietnamese start-up networks and supporting both foreign and domestic start-ups in entering new markets.
In addition, authorities plan to develop infrastructure and institutional frameworks to advance a digital economy, including pilot policies such as a digital start-up visa to attract global talent and more flexible visa arrangements for foreign experts working with innovation centres.
