Vietnam’s bid to become a start-up nation

2026-06-19
1 min read

On April 5, Vietnam approved its first National Strategy for Innovative Entrepreneurship. The strategy sharpens the country’s economic ambition: to make innovative entrepreneurship — driven by science and technology — a key engine of national development. It frames startup creation not just as a driver of growth and jobs, but as a tool for strategic autonomy and industrial transformation, positioning Vietnam in the regional and global race for competitiveness.

By adopting its first national strategy for innovative entrepreneurship, the Vietnamese government has confirmed its ambition to transition towards a knowledge-based economy driven by innovation. Benjamin Cabanes, Thu Nguyen, Trang Le and Cherry Sriratanaviriyakul assess whether Vietnam can really become a start-up nation.

Cabanes, B., Nguyen, T., Le,T. & Sriratanaviriyakul, C. (2026). Vietnam’s bid to become a start-up nationAsialink Insights.

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