📋 Tender Overview
Currently, it is estimated that Vietnam has about 4,000 creative startups, including 2 technology unicorns, along with many potential creative startups in the strongly growing private economic sector. Final of the 2025 National Creative Startup Talent Competition (TECHFEST Vietnam) - Photo: VGP/TG An important milestone in perfecting the institutions for the creative startup ecosystem is that the concept of creative startups has been regulated in the Law on Science, Technology and Innovation No. 93/2025/QH15. On that basis, the Government has issued Decree No. 268/2025/ND-CP detailing and guiding the implementation of the Law, which clarifies the criteria, conditions, processes and procedures for recognizing innovative startups; Encourage scientific, technological and innovation activities in businesses; recognition of innovation centers; Developing infrastructure, networks and creative startup ecosystems. Along with the creative startup sector, the system of science and technology enterprises continues to grow in both quantity and quality. By the end of November 2025, the whole country had about 962 enterprises granted S&T enterprise certificates; In the first 11 months of 2025 alone, there were 42 more certified enterprises. Notably, the majority of these S&T enterprises are private enterprises (about 98.5%). More than 90% of S&T enterprises are certified from research results invested in R&D themselves or receiving technology transfer with private capital; Only about 6.5% of S&T enterprises formed from S&T results originate from the state budget. This shows that the private sector has been actively participating in investing in science and technology. The development of the S&T enterprise system in recent times has created positive and profound impacts on socio-economic development, innovation and enhancement of national S&T capacity. The development of the S&T enterprise system in recent times has created positive and profound impacts on socio-economic development, promoting innovation and improving national S&T capacity. The technological and innovation capacity of many S&T enterprises has been initially affirmed. According to statistics, about 25% of science and technology enterprises own intellectual property protection certificates. Some typical enterprises such as BUSADCO, TOSY Robot, Vietnam Plant Seed Group (Vinaseed) have owned dozens of patents, mastering production technology in the fields of new materials, environmental technology, electronics - automation and biotechnology. These businesses not only contribute to replacing imported products but also gradually bring Vietnamese technology products to participate in the international market. Institutionally, notably, Decree No. 268/2025/ND-CP has specifically stipulated the content of certification of S&T enterprises and decentralized authority to the Provincial Peoples Committee for implementation. This approach contributes to increasing local proactiveness, while shortening time and simplifying procedures for businesses. In the coming time, the Ministry of Science and Technology will guide localities to organize uniform implementation nationwide, and coordinate to promote propaganda and dissemination of policies so that science and technology enterprises and creative startups can soon access and enjoy tax, land and credit incentives according to regulations. In addition to perfecting institutions, early connection activities investment - the market for creative startups will continue to be strongly promoted in 2025 through the national innovation ecosystem. The National Innovation Center (NIC) has sponsored the establishment of 10 Vietnam Innovation Networks in 22 countries and territories, bringing together more than 2,000 experts, intellectuals and technology entrepreneurs. At the same time, 5 specialized innovation networks have been formed in strategic technology fields such as artificial intelligence, semiconductors, quantum technology, aerospace technology and cyber security. These networks play an important role in connecting startups with investors, markets and international resources. Many specific-scale innovative startup support programs have been implemented, typically Google for Startups AI Bootcamp 2025 supports 100 startups with 200 developers, or Google for Startups AI Solutions Lab 2025 with the participation of 50 businesses, focusing on developing artificial intelligence solutions to serve practical problems.Thu GiangSee moreSee more
