Hanoi to establish innovation centre as joint stock company to drive tech-led growth
The Hanoi Innovation Centre is expected to help concentrate resources and create breakthroughs for rapid and sustainable growth.
Students of a high-school in Hanoi practice for a robotics competition. The city plans to establish Hanoi Innovation Centre as a joint stock company to promote innovation and drive growth. (Photo: VNA)
Hanoi (VNS/VNA) – Hanoi plans to establish an innovation centre following the model of a joint stock company to consolidate the capital city’s position as Vietnam’s leading innovation hub, according to a draft resolution submitted to the municipal People’s Committee this week.
The report showed that Hanoi is already home to over 70% of scientific institutions, 82% of national laboratories, and 65% of leading scientists.
It also has over 1,000 startups, or more than 26% of the total number of startup firms in Vietnam, as well as 38% of business incubators and 40% of accelerators.
Notably, Hoa Lac Hi-tech Park has been transferred to be under the city’s management since 2023, adding a critical infrastructure for the city’s innovation ecosystem.
The Hanoi Innovation Centre is expected to help concentrate resources and create breakthroughs for rapid and sustainable growth.
Under the draft, the innovation centre will operate as a joint stock company. It will also advise on science and tech policy, support commercialization, build digital infrastructure, and manage startup incubators and accelerators.
In addition, the centre will run programmes to train high-tech human resources, develop urban smart data platforms, and establish a digital asset exchange and an innovation fund to support startups and venture financing.
It will also focus on promoting public-private-academic partnerships, supporting tech transfer, and building a community of experts and innovation-driven enterprises./.
Hanoi’s Department of Tourism has introduced a series of new attractive tourism products, aiming to make a strong breakthrough during the National Day (September 2) holiday, and accelerate growth through the end of the year.
In line with guidance from the Government Office and the Ministry of Agriculture and Environment, the capital has assigned its Department of Agriculture and Environment to raise public awareness and disseminate legal knowledge on biodiversity conservation and resource use.
Across the city’s coastal communities, local authorities are adopting specialised digital applications to manage fishing vessels, monitor catch data, and support traceability efforts.
A report from Fortinet in June revealed that automated scanning attempts had surged to 36,000 per second, a 17% increase from the previous year. Alarmingly, 42% of these were account takeover attacks, and leaks involving 1.7 billion sets of credentials. In Vietnam, data from the National Cybersecurity Association showed that 659,000 cyberattacks were recorded in 2024, affecting approximately 46.15% of government agencies and enterprises.
The introduction of AI robots marks a key step in Hanoi’s efforts to streamline administrative processes, modernise public services, and build a more citizen-friendly government.
Under the Poliburo’s Resolution 57-NQ/TW on breakthroughs in science, technology, innovation, and national digital transformation, Vietnam aims to be among the top three ASEAN countries and the top 50 globally in AI development by 2030.
With the ambition to become a leading startup and innovation hub in Vietnam and Southeast Asia by 2030, Da Nang has implemented a range of incentives and actively promoted investment in its innovation ecosystem.
Showcased technologies include AI, IoT, Big Data, drones, robotics, Holobox, and sector-specific solutions such as EdTech, AgriTech, FinTech, and cybersecurity. A dedicated zone for startups also forms part of the exhibition.
According to the Law on Digital Technology Industry, the incentives include full corporate income tax exemption for the first two years and 50 % reduction in the four following years, as well as land rent waivers for three years.
Kenneth Tse, General Director of Intel Vietnam, noted that in nearly 20 years of operations in the country, Intel Vietnam has exported over 4 billion products, contributing more than 100 billion USD to Vietnam’s export revenue.
The fund plans to assist Can Tho through a comprehensive set of initiatives such as the “Digital Transformation for All” programme to promote digital literacy; AI training for public officials and businesses; startup incubation and co-investment; and financial support for AI research and innovation. Additional support includes providing free working spaces for AI developers and formulating a region-specific AI strategy.
Amid growing global demand, fragile supply chains and intensifying geopolitical conflicts, Vietnam is rapidly emerging as one of the most promising players in the global semiconductor landscape, a seminar heard in Ho Chi Minh City on July 2.
Key areas eligible for PPPs include high and strategic technologies; infrastructure for the research, development, and application of high and strategic technologies; and digital infrastructure supporting the digital economy, digital society, and digital government.
During the visit, the parties exchanged ideas on high-tech material solutions and technologies that could be applied to national strategic transport infrastructure projects, particularly the North–South high-speed railway project.
CATI-VLM is an AI model for document reading that has already claimed a spot among the world’s elite, ranking first in Vietnam and among the top 12 globally in the Document Visual Question Answering (DocVQA) category of the Robust Reading Competition (RRC) in June 2025.
General Secretary Lam also emphasised the need to immediately issue policies to attract and retain high-level domestic and overseas talents, particularly in critical fields like AI, semiconductors, and advanced materials.
In addition, the decree encourages the development of research centres focused on data science and innovation in areas such as artificial intelligence (AI), cloud computing, blockchain, data communications, the Internet of Things (IoT), big data, and other advanced technologies in order to build, develop, protect, manage, process, and utilise data effectively.
The Ministry of Science and Technology (MoST) on June 30 officially launched the Vietnam Science and Technology Exchange, and outlined its future development direction.
Vietnam–Canada relations continue to flourish, with science and technology listed among the seven priority areas of bilateral cooperation. The launch of the Canadian Vietnamese Scholars and Experts Network is expected to contribute to advancing joint innovation and R&D cooperation between the two countries.
Developed by a team of Vietnamese engineers, the chip uses CMOS and III/V semiconductor technologies and is intended for applications in sectors such as UAVs, smart devices and telecommunications.
The move aims at establishing a comprehensive, autonomous, and human-centric AI ecosystem, positioning Vietnam as a powerhouse in AI research, development, and application in the region and the world.
Vietnam has consistently ranked high on the Global Innovation Index (GII), and many of its scientific and technological products have achieved impressive outcomes, with several earning recognition on the global tech map.
