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Enhancing the competitiveness of Vietnamese startups.

According to Resolution No. 86/NQ-CP, Vietnam aims to build a competitive startup ecosystem in the region. To realize this vision in the 2026-2030 period, the Ministry of Science and Technology has set out a number of key tasks to enhance the capacity of startup businesses.

Tạp chí Doanh NghiệpTạp chí Doanh Nghiệp30/04/2026

On April 5, 2026, the Government officially issued Resolution No. 86/NQ-CP on the National Strategy for Innovative Startups (Resolution 86). This is an important step, affirming the Government's strong determination to create the most favorable environment to awaken the creative potential of the entire population to serve the socio -economic development of the country.

At the Ministry of Science and Technology 's regular press conference in April 2026, in response to a question from a reporter of Vietnam Business Magazine regarding Resolution 86, a representative from the Department of Startups and Technology Enterprises (Ministry of Science and Technology) stated that the Ministry will focus on three main groups of tasks.

First, the Ministry focuses on creating a superior legal framework by perfecting all administrative procedures in the digital environment to provide maximum convenience.

Ông Nguyễn Phú Bình, Phó Giám đốc NAFOSTED trình bày về Nghị quyết số 86/NQ-CP tại buổi họp báo thường kỳ tháng 4/2026 của Bộ Khoa học và Công nghệ.
Mr. Nguyen Phu Binh, Deputy Director of NAFOSTED, presented Resolution No. 86/NQ-CP at the Ministry of Science and Technology's regular press conference in April 2026.

The ministry is particularly focused on researching and piloting specific mechanisms to encourage the experimental spirit of the startup community, such as implementing the "one-person enterprise" model, establishing a streamlined bankruptcy handling mechanism, and making it easier for entrepreneurs to restart their businesses after failure.

In addition, the Ministry established controlled testing areas (sandboxes) for new technologies.

The second group of tasks focuses on nurturing human resources and building a synchronized infrastructure ecosystem. To create a solid foundation, entrepreneurship and innovation education will be deeply integrated into the national education system, spanning from secondary school to university.

In terms of infrastructure, the Ministry of Science and Technology aims to establish a network of shared infrastructure, innovation centers, community startup spaces, and digital platforms to support businesses nationwide.

Finally, there is the task group focused on unlocking capital and international integration. The "capital shortage" problem for startups will be addressed through the robust development of the venture capital market. Investment funds will be established at various levels: from the National Venture Capital Fund, local and international funds to funds from businesses and universities.

In addition, the Ministry is also promoting mechanisms for direct financial support and credit guarantees based on intellectual property. At the same time, it is actively integrating, attracting international experts, and bringing Vietnamese innovative startups into the global value chain.

With synchronized solutions from the Ministry of Science and Technology in particular, and the entire political system in general, Vietnam expects to have 10,000 startups and 1 million one-person businesses by 2030. At the same time, Vietnam aims to attract $1.5 billion in venture capital, rank in the Top 40 of the Global Innovation Index (GII), and Top 45 of StartupBlink, creating momentum for national development.

Hien Thao

Source: https://doanhnghiepvn.vn/cong-nghe/nang-cao-nang-luc-canh-tranh-cho-startup-viet/20260430034929692


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