High Technology Law puts strategic technologies to top priority
High Technology Law puts strategic technologies to top priority
Publish Date: 2026-05-25 00:50:00
Source Domain: english.luatvietnam.vn
In line with Politburo Resolution 57 on breakthroughs in the development of science, technology, innovation and national digital transformation, the 2025 High Technology Law establishes a transparent, stable and favourable legal framework for investment, production and business activities in the fields of high technologies and strategic technologies.
Coming into force on July 1 this year, the 2025 High Technology Law (the Law) marks a significant shift in institutional thinking on the development of science, technology and innovation.
Beyond financial incentives, the Law sets a legal landscape that is sufficiently open and secure to promote investment of enterprises and scientists in complex, emerging and high-risk technologies. It is expected to open up a “new development space”, address structural bottlenecks in the hi-tech ecosystem, and support the country’s transition towards greater autonomy, self-reliance and breakthrough growth in the digital era.
Consisting of six chapters and 27 articles, eight fewer than its 2008 predecessor, the Law focuses on six major policy groups: refining high technology definitions and criteria; restructuring policy frameworks and eligible beneficiaries for preferential treatment, incentives and investment support; promoting the hi-tech ecosystem; adding provisions on hi-tech parks and hi-tech urban models; strengthening state management, supervision and evaluation mechanisms; and introducing requirements for comprehensive digital transformation in hi-tech activities.
Legalisation of strategic technologies and strategic industries
For the first time, the Law provides two concepts, namely strategic technologies and strategic industries. Strategic technologies are defined as breakthrough and high-impact technologies prioritised by the State for investment to enhance national autonomy and competitiveness. Meanwhile, strategic industries refer to industries producing strategic technology products and providing strategic technology…
