Many large corporations such as NVIDIA, Samsung, Meta, Google... choose Vietnam as their destination.

On April 22, at the Vietnam Innovation and Investment Forum (VIPC Summit 2025) organized by the National Innovation Center (Ministry of Finance) in coordination with other agencies, Deputy Prime Minister Nguyen Chi Dung affirmed that innovation is the driving force for growth and the key for Vietnam to improve its position in the global economy.

Deputy Prime Minister Nguyen Chi Dung speaks at the forum

With a strong wave of investment in high technology, especially artificial intelligence (AI), Vietnam is becoming an attractive destination for strategic investors. Leading technology corporations such as NVIDIA, Samsung, Qualcomm, Meta and Google have chosen Vietnam as a center for research and development (R&D), innovation and new industrial production. The shift in the global supply chain also creates leverage, helping Vietnam increase its market share in industries such as electronics, semiconductors and AI.

In addition, the Deputy Prime Minister emphasized the role of private investment funds and innovation in promoting the innovation ecosystem. Many developed countries such as the US, South Korea and European countries have established specialized funds, providing seed capital and activating the participation of the private sector.

In Vietnam, private capital is playing a key role in supporting breakthrough ideas, new business models and pioneering technology products.

Deputy Prime Minister Nguyen Chi Dung asked the subjects of the innovation ecosystem, especially investment funds, innovation enterprises and startups, to jointly implement a number of key tasks. Among them, he proposed open policies to create favorable conditions for private investment funds, especially those focusing on emerging technologies.

Strengthen exchanges between funds and enterprises to establish practical cooperation mechanisms. Ministries, sectors, research institutes and innovation centers need to create a favorable environment to support enterprises and investment funds.

According to the Deputy Prime Minister, the Government is committed to accompanying and creating the best conditions to promote innovation. "Together, we will go far, building a prosperous and powerful Vietnam in the new era" - the Deputy Prime Minister said and emphasized that with the support of international partners and the private sector, Vietnam is striving to become a strategic innovation center of the region and the world.

At the forum, Deputy Minister of Finance Nguyen Duc Tam also mentioned the important role of mobilizing private capital to promote sustainable growth and enhance national competitiveness.

According to the Deputy Minister, Vietnam is entering a new stage of development, requiring strong mobilization of social resources, especially private capital, to create momentum for pioneering technology industries.

"The Government and the Ministry of Finance are committed to accompanying investors, aiming to effectively attract capital flows for innovation. The VIPC 2025 Forum not only connects investors but also positions Vietnam as a potential destination in the Southeast Asian region," said Mr. Nguyen Duc Tam.

According to the Deputy Minister, Vietnam has advantages in attracting investment in innovation such as political stability and leadership determination. "The Politburo has established the Central Steering Committee on science, technology, innovation and digital transformation development, with General Secretary To Lam as its Head. The Party and the Government are well aware that Vietnam is currently at an important time for the transition towards a digital, green and sustainable economy," the leader of the Ministry of Finance stated.

Vietnam also has the advantage of a young, dynamic workforce. Accordingly, with a population of over 100 million people, Vietnam is in the "golden population" period, possessing a young workforce, with aspirations and the ability to quickly access the fields of technology and innovation.

A comprehensive innovation ecosystem and an attractive investment environment are also Vietnam's current advantages. Deputy Minister Tam also emphasized the role of the National Innovation Center (NIC) in connecting Vietnam's innovation ecosystem with the world.

At the forum, NIC released the report "Innovation Investment and Private Capital Investment in Vietnam 2025". Mr. Vu Quoc Huy, Director of NIC, said that in 2024, investment funds and foreign partners made 141 investment deals in the field of innovation in Vietnam, with a total disbursed capital value of about 2.3 billion USD. This capital comes from investment funds from Singapore, Japan and domestic investment funds.

According to Mr. Huy, Vietnam is also emerging as a hot spot for new-generation technology fields. Notably, investment in AI startups in 2024 increased 8 times compared to the previous year.

Source: https://nld.com.vn/nhieu-tap-doan-lon-nhu-nvidia-samsung-meta-google-chon-viet-nam-la-diem-den-196250422145013427.htm