Vietnam has officially stepped into a new chapter of knowledge-driven development. The Law on Science, Technology, and Innovation, which came into full effect on October 1, 2025, introduces breakthrough reforms designed to turn labs into market leaders.
Key Highlights of the Reform:
- Commercial Freedom: For the first time, organizations receiving state funding can own the results of their research, drastically speeding up the path to investment and sales.
- The “Entrepreneurial Researcher”: Public sector scientists are now legally permitted to set up and manage their own companies to bring inventions to market.
- Inclusive Growth: Protection and government support have been widened to include Master’s/PhD students and tech workers in the private sector.
- Infrastructure Synergy: New policies encourage the sharing of laboratories and equipment across institutions to maximize resources and cut costs.
Why it matters: This law reduces the “criminal liability” risks for researchers during the testing phase and provides a 30% minimum income share for creators from commercialized products.
Vietnam is no longer just a manufacturing hub—it’s becoming a global innovation destination. 🛡️🚀
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