VIETNAM PRIORITIZES 70 HIGH TECHNOLOGIES, 100 NEW PRODUCTS

Artificial intelligence (AI) is among the 70 high technologies prioritized for investment and development in Vietnam - PHOTO: ARCHIVES

HCMC – Starting July 1, Vietnam will prioritize investment in the development of 70 high technologies and encourage the development of 100 high-tech products as part of efforts to shape investment flows and accelerate growth in the digital economy.

The policy is outlined in Decision No. 23/2026/QD-TTg issued by the prime minister, replacing Decision No. 38/2020/QD-TTg, which had been in effect for more than five years.

Among the 70 prioritized high technologies, the new policy framework focuses heavily on core technologies associated with the Fourth Industrial Revolution and sustainable development.

Key technologies include artificial intelligence (AI), big data analytics, cloud computing, edge computing and high-performance computing, the Internet of Things (IoT), blockchain and quantum technology.

Technologies addressing global challenges are also prioritized, including renewable energy, advanced energy storage, next-generation microbial technology, and AI-integrated real-time disaster monitoring and early warning systems.

Alongside this, the list of 100 encouraged high-tech products is expected to create broader commercialization opportunities for businesses.

The products include AI-based control and forecasting systems and software, AI research support platforms, personalized learning solutions, STEAM-focused smart education devices, unmanned aerial vehicles (drones), and environmentally friendly vehicles powered by new energy sources.

The healthcare, pharmaceutical and high-tech agriculture sectors are also included through products such as applied biological medicines, vaccines and next-generation diagnostic biological products.

To ensure flexibility and practicality, the Ministry of Science and Technology has been tasked with coordinating with relevant ministries and agencies to periodically review and assess the lists before proposing updates to the Prime Minister in line with socioeconomic development trends.

Organizations and businesses already granted certificates or recognition documents under the previous Decision No. 38/2020/QD-TTg will continue to enjoy existing incentives until the expiration dates stated in their approvals, ensuring continuity for investors.

Source: The Saigon Times