Science and technology, innovation and digital transformation’s contribution to GDP expected at 17.5%

by | Mar 2, 2026 | Asia

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The target is part of 2026 action plan signed by Prime Minister Pham Minh Chinh.

Vietnam has set a target to increase the contribution of
science and technology, innovation and digital transformation to the national GDP
to 17.5% as part of a 2026 action plan signed by Prime Minister Pham Minh Chinh,
head of the Government Steering Committee on science and technology
development, innovation, digital transformation and Project 06.

The plan also targets the digital economy’s share of GDP at
14.5% in 2026.

In terms of digital infrastructure and data platforms, 5G
coverage is expected to reach 70% of the population nationwide.

The Government aims to increase by 30% the number of
innovative startups operating in science and technology, innovation and digital
transformation.

At least 30–50 new spin-off enterprises are expected to be
established from university and research institute outcomes in 2026, with Hanoi
accounting for at least 20 of them.

In the field of science, technology and innovation, the
Government aims to successfully commercialize at least five products listed in
the national portfolio of strategic technologies, including semiconductor
chips, 5G network equipment, industrial robots, artificial intelligence and
unmanned aerial vehicles (UAVs).

At least 15% of state budget expenditure for science will be
allocated to research and development of strategic technologies.

VnEconomy-Hạ Chi

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Written by Albert Pham, News Curator and Blogger

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