Experts call for urgent legal reforms to support innovation, digital transformation, and private sector leadership in Vietnam’s tech sector.
To boost digital transformation and innovation, state agencies must prioritize the removal of policy bottlenecks that hinder private enterprises from investing confidently in core technology and research.
According to VINASA, the science and technology business community is calling for a more secure legal framework to support technological ownership and advancement.
Ambitions for double-digit growth
Economist Vo Tri Thanh shares insights at the forum “Removing bottlenecks to master technology and drive breakthrough development.” Photo: V. Thao
At the Vietnam – Asia DX Summit 2025, speakers focused on how two key resolutions - Resolution 57 on the breakthrough development of science, technology (S&T), innovation, and national digital transformation, and Resolution 68 on private sector development - can be effectively implemented.
In his opening remarks, Nguyen Van Khoa, Chairman of VINASA and CEO of FPT, emphasized that Resolution 57 acts as a “midwife” for tech companies, while Resolution 68 reflects the State’s strong commitment to fostering a vibrant private economy.
Vo Tri Thanh, Director of the Institute for Brand and Competition Strategy, noted that Resolution 57 shows the Party and State’s decisive leadership in promoting science and technology, led directly by the General Secretary. Resolution 68 outlines three essential policy pillars: creating a fair and transparent business environment, improving state-enterprise interaction (especially for startups), and offering comprehensive support across all enterprise levels - from household businesses to pioneering corporations.
He added that Resolutions 57 and 68, alongside Resolution 59 on foreign affairs innovation and Resolution 66 on legal reform, form a quartet of pillars that could drive the nation’s transformation toward a more innovative, technology-driven, and prosperous future.
One session at the summit was devoted to discussing how these resolutions can be translated into concrete, actionable policies, moderated by Bui Thanh Minh, Deputy Director of the Private Economic Development Research Board.
Ho Duc Thang, Deputy Director of the National Digital Transformation Agency (Ministry of Science and Technology), stated that Resolution 57 outlines the mission for the new era - advancing national S&T, innovation, and digitalization to achieve double-digit economic growth. Resolution 68 identifies the private sector as a key force in realizing these goals.
From a private enterprise perspective, MISA Vice Chairwoman Dinh Thi Thuy viewed the two resolutions as a major opportunity, providing her company with greater confidence in competing through product quality and capability in a fair market environment.
Turning resolutions into action
Deputy Director of the National Digital Transformation Agency Ho Duc Thang emphasizes that Resolution 57 defines S&T, innovation, and digital transformation as key drivers for national development. Photo: N. TuAccording to VINASA, a legal framework to protect intellectual property is essential for tech enterprises to invest in core technologies. Illustration: V. LanVice Chairwoman of MISA Dinh Thi Thuy speaks at the panel “Resolutions 57 & 68 – Accelerating digital transformation and private sector development.” Photo: V. Lan
Experts agreed that the most urgent task is transforming the guidelines in Resolutions 57 and 68 into practical support for science and technology businesses.
VINASA Chairman Nguyen Van Khoa stressed the need to prioritize the removal of institutional barriers and create momentum for tech ownership, global collaboration, and digital advancement. Enterprises are awaiting a stable and favorable legal framework that will allow them to invest boldly in technology and innovation.
Khoa emphasized the importance of intellectual property rights. In IT and digital transformation - and especially in upcoming ventures into core technologies - businesses need robust legal protection to secure their strategic products and ideas.
VINASA also called on the government to actively support bold proposals from Vietnamese enterprises, helping to build globally competitive tech brands.
Dinh Thi Thuy from MISA pointed out that state policies must involve coordinated action between public agencies and private enterprises. She suggested that beyond strategic goals, the government should present clear, solvable challenges and ensure the feasibility of implementation.
For instance, to support household businesses transitioning to formal enterprises, the state should define criteria for software tools, enabling broad participation from tech firms rather than mandating a single government-issued solution.
Thuy also noted that many enterprises are still unaware of the benefits and incentives included in Resolutions 57 and 68. As beneficiaries, companies must actively learn about these policies to seize opportunities.
At the same time, businesses - who best understand on-the-ground challenges - should not shy away from sharing feedback with government agencies to help resolve obstacles.
“There must be proactive collaboration from both the government and businesses. Only then can visionary policies turn into real actions that bring measurable outcomes,” Thuy emphasized.