Private enterprises are allowed to invest in high-risk, high-potential technology projects.

Decree No. 264/2025/ND-CP stipulates that private enterprises are allowed to participate in investing in large potential technology projects instead of relying solely on the State budget as before.

At the regular October press conference of the Ministry of Science and Technology (MOST) held on the morning of October 31 in Hanoi, Mr. Pham Duc Nghiem, Deputy Director of the Department of Startups and Technology Enterprises, said that Decree No. 264, for the first time, has new regulations on financial investment and venture capital funds.

Accordingly, this new mechanism allows mobilizing private capital for high-risk but high-potential research and development projects, instead of relying solely on the State budget as before.

This breakthrough aims to promote innovation under the public-private partnership model, encouraging businesses to boldly invest in new technology.

Mr. Pham Duc Nghiem, Deputy Director of the Department of Startups and Technology Enterprises, Ministry of Science and Technology, spoke at the press conference. (Photo: Minh Son)

Emphasizing this issue, Deputy Minister of Science and Technology Bui Hoang Phuong said that the current policy is to assign domestic enterprises to carry out the "big problems" of the State. This not only helps enterprises improve their autonomy but also creates opportunities for "Make in Vietnam" technology products and services to have output.

In the coming time, the Ministry of Science and Technology will continue to complete detailed guidelines, especially the "sandbox" mechanism - a controlled experimental model in the industrial and digital technology fields. Once the legal framework is established, businesses will have more favorable conditions to test, apply and expand new technology models.

Perfecting the legal corridor for science and technology and innovation

Also at the press conference, Deputy Minister Bui Hoang Phuong said that in October, the Ministry of Science and Technology submitted to the Government and the Prime Minister 1 resolution, 7 decrees and 7 important decisions, covering most of the key areas of the industry. In October 2025, a series of important legal documents were issued, contributing to perfecting the institutional framework, promoting the development of science, technology and innovation - a field considered a key driving force for economic growth and national digital transformation.

Deputy Minister of Science and Technology Bui Hoang Phuong speaks at the press conference. (Photo: Minh Son)

In particular, the addition of the Artificial Intelligence (AI) Law project to the agenda of the 10th Session of the 15th National Assembly marks a major turning point in the process of building a legal corridor for a globally groundbreaking field.

At the ministerial level, the Ministry of Science and Technology issued 5 specialized guidance circulars, such as: Regulations on technical audits of electronic signatures and trusted services; guidance on preliminary nuclear safety assessments for nuclear power plant sites during the investment decision phase; regulations on procedures for approving telecommunications numbering and Internet resource planning.

There are also regulations on management, connection and sharing of data on the National Information System on Science, Technology and Innovation; and instructions on determining specialized job positions in digital transformation.

These documents contribute to perfecting the legal framework, standardizing technical processes and improving the effectiveness of State management in the fields of science, technology and innovation.

The Government adds 25,000 billion VND to implement Resolution 57

Regarding the implementation of Resolution 57, Deputy Minister Bui Hoang Phuong said that the Central Steering Committee on Science, Technology, Innovation and Digital Transformation is closely monitoring through weekly meetings with hundreds of related tasks.

According to the Deputy Minister, unlike before when only tasks were assigned, this time the assignment of tasks to implement Resolution 57 was accompanied by specific resources. The Deputy Minister cited an example: this year the Government has added 25,000 billion VND, and ministries, branches and localities have registered about 16,000 billion VND for implementation.

The Government also directed ministries and localities to request support if they encounter difficulties. Large Vietnamese technology enterprises such as Viettel, VNPT, FPT... accompany and are ready to support. Therefore, the focus of implementation is to concentrate on building digital platforms and national databases, specialized and local databases.

In November 2025, the Ministry of Science and Technology will focus on completing 05 draft laws to be submitted to the National Assembly for consideration and approval at the 10th session, including: Law on Digital Transformation, Law on High Technology (amended), Law amending the Law on Intellectual Property, Law amending the Law on Technology Transfer and Law on Artificial Intelligence.

At the same time, in November 2025, the Ministry will continue to accelerate the progress of developing Decrees and Circulars guiding the implementation of the Laws passed by the National Assembly at the 9th session.

At the same time, the Ministry of Science and Technology is implementing key projects such as: Project to promote intellectual property work to serve socio-economic development; Project to compile statistics and evaluate the contribution of biotechnology; Strategy for development and application of atomic energy for peaceful purposes until 2035, vision 2050; and Project to train and develop human resources for atomic energy.

Minh Hoan

Source: https://vtcnews.vn/doanh-nghiep-tu-nhan-duoc-dau-tu-cac-du-an-cong-nghe-rui-ro-cao-tiem-nang-lon-ar984413.html