Vietnam Accelerates US Cooperation to Revolutionize Science, Technology Innovation, and Digital Transformation with High-Tech Investments and Strategic Partnerships
Published on February 21, 2026
Vietnam is embarking on an ambitious journey to enhance its collaboration with the United States in fields such as science, technology, innovation, and digital transformation.
During high-level discussions from February 19 to 20, Nguyễn Duy Ngọc, a member of the Politburo and deputy head of the Central Steering Committee for the Development of Science, Technology, Innovation, and Digital Transformation, engaged with stakeholders including Rosen Partners, Arizona State University (ASU), Meta Platforms, and the Semiconductor Industry Association (SIA).
These discussions were part of Party General Secretary Tô Lâm’s official visit to Washington, D.C., emphasizing Vietnam’s commitment to harnessing global expertise and investment in strategic technological domains.
Government Strategy Fuels Innovation
Ngọc articulated that the 14th National Congress of Vietnam has established a forward-looking vision, designating science, technology, innovation, and digital transformation as essential components for economic advancement. Core to this vision is Resolution 57, which delineates a framework for:
- Promoting research institutes and universities as vibrant innovation hubs.
- Facilitating venture capital and pilot investment initiatives.
- Attracting advanced technology projects to high-tech parks across Hà Nội, Hồ Chí Minh City, and adjacent regions.
These high-tech parks focus on burgeoning industries such as artificial intelligence, semiconductors, and advanced manufacturing, forming the cornerstone of Vietnam’s modernization strategy.
As an illustrative example, Hà Nội achieved a Gross Regional Domestic Product (GRDP) growth of 8.16% in 2025, contributing approximately one-quarter of the national fiscal revenue.
Looking ahead to 2026, the city has set an ambitious growth target of 11%, underpinned by three strategic pillars:
- Executing a comprehensive 100-year urban master plan.
- Encouraging multi-faceted, layered urban development.
- Enhancing connectivity with surrounding provinces to create satellite growth areas.
Ngọc asserted that meeting these ambitious objectives necessitates substantial investments in human capital, technology, and infrastructure, all aligning with Vietnam’s aspiration to evolve into a sustainable, smart, and globally integrated mega-city.
Academic Partnerships and Workforce Training
Education and workforce development stand at the forefront of Vietnam’s cooperation agenda with the United States. Dialogues with ASU centered on the creation of programs that bolster science, technology, innovation, and digital transformation. Noteworthy initiatives include:
- Establishing collaborative research programs and innovation ecosystems within universities.
- Enhancing workforce training tailored to the semiconductor and AI sectors.
- Elevating faculty capabilities and refining curricula in Vietnamese higher education institutions.
The government actively promotes the establishment of research centers by international institutions within high-tech parks, enhancing synergies between academia and industry. Such endeavors aim to cultivate a workforce adept at driving key industries forward.
Collaboration with Technology Leaders
Engagements with Meta Platforms have unveiled avenues to fortify Vietnam’s AI capabilities and digital infrastructure. The government has proposed initiatives to:
- Create a national Vietnamese-language AI dataset for practical applications.
- Adapt global AI models to comply with local laws, culture, and language.
- Equip youth and workers affected by automation with essential digital and AI skills.
- Support small- and medium-sized enterprises (SMEs) in e-commerce and combat online fraud.
These strategies align with governmental efforts to enhance digital governance while preserving national digital sovereignty, ensuring that technology benefits the wider populace and economy.
Semiconductor Industry Development Takes Center Stage
Vietnam’s ambitions concerning the semiconductor sector are both extensive and clear. As delineated in Resolution 57, semiconductor chips have been earmarked as a strategic technology alongside specialized AI and IoT chips. Central governmental objectives comprise:
- Training an excess of 50,000 engineers and graduates to bolster the sector.
- Establishing no fewer than 100 design firms dedicated to chip development.
- Progressively constructing assembly, testing, and packaging (ATP) facilities.
- Investigating small-scale chip manufacturing plants to complement R&D efforts.
The partnership with the SIA is pivotal in ensuring that the output of trained personnel aligns with industry demands.
By fostering connections between universities, research institutions, and US industry leaders, the government aims to enhance Vietnam’s competitive stature in this swiftly evolving global arena.
Incentives for Strategic Investment
Ngọc underscored that Vietnam-US Cooperation transcends mere dialogue; it is also about cultivating a transparent, investor-friendly landscape. Significant governmental incentives include:
- Simplified administrative processes and lower transaction costs.
- Green-lane mechanisms are designed to expedite critical projects.
- Provision of ready-to-use land and favorable terms for strategic investors.
The government invites foreign investments in priority sectors aligned with Hanoi’s centennial vision, including urban infrastructure, telecommunications, energy, healthcare, education, and premium tourism.
Building a Sustainable, Innovation-Driven Future
At the heart of Vietnam’s strategy is the conviction that the interplay of science, technology, innovation, and digital transformation is crucial for refining governance and enhancing national competitiveness. Key tenets of the government’s vision encompass:
- Integrating research, application, and workforce development in a cohesive ecosystem.
- Encouraging collaboration between universities and industry to stimulate innovation.
- Expanding high-tech parks as epicenters for industrial research, advanced manufacturing, and strategic technologies.
This forward-thinking strategy ensures that Vietnam emerges as a competitive, technology-centric economy, adept at leveraging global partnerships for sustainable growth.
Vietnam’s strengthened cooperation with the United States marks a significant chapter in the nation’s developmental narrative.
By prioritizing science, technology, innovation, and digital transformation, executing Resolution 57, and capitalizing on global partnerships, Vietnam is establishing the foundations for a modern, interconnected economy.
Targeted investments, workforce training, and focused support for the semiconductor industry and digital governance constitute integral components of this integrated vision.
The government’s approach positions Vietnam as a regional nexus for innovation and high-tech advancements for years to come.
Source link: Travelandtourworld.com.
