Vietnam Plans 120 Trillion Dong for Science, Technology and Digital Transformation in 2027

Vietnam’s funding for science, technology, innovation and digital transformation rose to 75 trillion dong in 2025 and 95 trillion dong in 2026, and is expected to reach 120 trillion dong in 2027. Before Resolution No. 57 was issued, the state budget allocated about 12 trillion dong a year to science and technology. The resolution identifies science, technology, innovation and national digital transformation as development priorities.

According to the World Intellectual Property Organization, Vietnam ranked 43rd among 139 economies in the 2026 Global Innovation Index, up one place from 2025. It ranked 35th globally for innovation outputs, up two places. In research, Vietnam had 26,107 scientific papers indexed in Scopus in the first 10 months of 2026, exceeding its total for all of 2025.

A clean room in Hanoi used for semiconductor teaching and research.（VietVance）

Digital infrastructure continued to expand. By the end of the third quarter of 2026, Vietnam had 60,034 5G base stations, with coverage reaching 93.4% of the population; it had 27.2 million 5G subscribers in August 2026. Mobile internet speed rose from 50.9 megabits per second in April 2024 to about 230 megabits per second in September 2026.

Some research and development results have become products. A vaccine against African swine fever developed and produced in Vietnam has been exported, with an order for 300,000 doses delivered to the Philippines in October 2026. The Government Cipher Committee also worked with domestic companies to develop a specialized security chip.

The VGC v1.0 specialized security chip developed in Vietnam.（VietVance）

Digital technology industry revenue also grew. Industrywide revenue reached US$215 billion in 2025, while exports totaled US$172 billion, up 36% and 30%, respectively, from 2024. In the first 10 months of 2026, revenue was estimated at US$254.6 billion and exports at US$212 billion, up 53% and 46.2%, respectively, year on year. As of September 30, 2026, 37 of 79 national shared digital platforms were operating and 12 were being tested.

Source: VietVance