Viet Nam rolls out incentives to boost technology transfer and innovation

The plan focusing on supporting businesses in adopting and innovating technology.

The Government has issued Decree 101/2026/ND-CP of March 31, 2026, detailing provisions and measures to implement the Law on Technology Transfer, with a focus on supporting businesses in adopting and innovating technology.

The decree, which took effect on April 1, outlines four key support mechanisms.

First, enterprises receiving technology transfers will be eligible for assistance if their projects fall under investment incentive sectors or locations and have valid technology transfer agreements or certificates. Support will be delivered through science, technology and innovation programs, as well as startup ecosystem development initiatives.

Second, the State encourages collaboration in technological innovation. Businesses are urged to partner with domestic and international organizations, particularly universities, research institutes and innovation centers. Cooperation may include technology development, commercialization of research, workforce training, public-private partnerships, and data sharing. Participants will receive priority access to funding, infrastructure and innovation networks.

Third, support will be extended to technology transfer activities, covering both transferors and recipients, as well as intermediary organizations in the science and technology market. These entities may receive funding and be commissioned to carry out innovation-related tasks.

Finally, the decree prioritizes developing support networks for small- and medium-sized enterprises, cooperatives and individual businesses through state-funded science and innovation programs.

Source: VnEconomy