Hanoi, HCM City and Da Nang are among the first localities to announce the plan.

A number of provinces and centrally-run cities have recently
unveiled detailed budget plans to boost science and technology, innovation, and
digital transformation this year.

Hanoi is the first locality to earmark up to 4% of its total
budget expenditure — equivalent to approximately VND9 trillion ($343 million)
annually — for science, technology, innovation, and digital transformation. The
capital city has also set a target of disbursing 100% of allocated funds for
approved tasks, considering these areas a key growth driver in its ambition to
achieve double-digit economic expansion.

Ho Chi Minh City authorities have likewise prioritised the
sector, allocating VND12.705 trillion ($485 million) for science and technology in the city’s 2026
budget estimate, accounting for 4.16% of total local budget spending.

Most recently, the People’s Committee of central Da Nang
City issued a plan to implement the project titled “Development of Science and
Technology in Da Nang City for the 2026–2030 period, with a vision to 2035.”
Funding for the project in 2026 alone is estimated at more than VND132.4
billion ($5.05 million).

At the national level, Vietnam plans to allocate VND95
trillion ($3.6 billion) from the State budget this year for the development of
science, technology, innovation, and digital transformation, underscoring the
Government’s commitment to strengthening growth through knowledge, technology,
and digital capacity.

VnEconomy-Ngô Huyền