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Scientific research, technological development, and innovation activities – Key regulatory provisions applicable to organizations and enterprises

On October 14, 2025, the Government promulgated Decree 267/2025/ND-CP (Decree 267) providing details for certain provisions of the Law on Science, Technology and Innovation 2025, which took effect on October 1, 2025. Decree 267 provides detailed guidelines for the implementation of the Law on Science, Technology and Innovation 2025 with respect to science, technology and innovation programs and tasks, as well as measures to promote scientific research, technological development, and innovation activities.

What incentives for enterprises operating at the Vietnam National Innovation Center?

On May 5, 2025, the Government issued Decree 97/2025/ND-CP stipulating incentives and policies for the Vietnam National Innovation Center (NIC). The Decree was issued when several regulations on incentives and policies for the NIC, organizations, and individuals operating at the Center needed a breakthrough to promote creative startup and innovation activities. Decree 97 takes effect from the date of issuance and replaces Decree 94/2020/ND-CP, which stipulates the same content. This paper will focus on introducing several incentives and policies for enterprises operating at the NIC and some other outstanding new points of Decree 97.