Vietnam: What is the list of high-tech products prioritized for development investment? What are the requirements for hi-tech products encouraged for development?
What are the technological domains in which high technologies will be prioritized for development investment in Vietnam?
Under Clause 1, Article 5 of the Law on High Technology 2008 on high technologies prioritized for development investment:
High technologies prioritized for development investment
1. Hi-tech development investment will be prioritized in the following technological domains:
a/ Information technology;
b/ Biotechnology;
c/ New material technology;
d/ Automation technology.
2. Based on socio-economic development, defense and security requirements, the Government may adjust and supplement technological domains prioritized for hi-tech development investment specified in Clause I of this Article.
3. High technologies prioritized for development investment in the technological domains specified in Clauses 1 and 2 of this Article must be in line with the world’s advanced and modern scientific and technological development requirements and trends, promote the country’s advantages, be feasible, and satisfy any of the following conditions:
a/ Having great impacts on and bringing about high benefits for socio-economic development and defense and security maintenance;
b/ Contributing to the modernization of existing production and service industries;
c/ Playing a decisive role in the formation of new production and service industries with high competitiveness and socio-economic benefits.
4. The Ministry of Science and Technology shall assume the prime responsibility for, and collaborate with concerned ministries and ministerial-level agencies in, submitting to the Prime Minister for promulgation a list of high technologies prioritized for development investment and objectives and implementation roadmaps and solutions, as well as their modifications and supplementations.
Thus, hi-tech development investment will be prioritized in the following technological domains:
(1) Information technology;
(2) Biotechnology;
(3) New material technology;
(4) Automation technology.
Thus, high technologies in technological domains specified in (1) (2) (3) and (4) will be prioritized for development investment.
What are the requirements for hi-tech products encouraged for development in Vietnam?
Under Clause 1, Article 6 of the Law on High Technology 2008 on hi-tech products encouraged for development:
Hi-tech products encouraged for development
1. Hi-tech products encouraged for development mean hi-tech products which can be turned out with technologies on the list of high technologies prioritized for development investment and satisfy the following requirements:
a/ Having a high added-value ratio in the product value structure;
b/ Being highly competitive and creating great socio-economic benefits;
c/ Being exportable or able to substitute imports;
d/ Contributing to raising the national scientific and technological capacity.
2. The Ministry of Science and Technology shall assume the prime responsibility for, and collaborate with concerned ministries and ministerial-level agencies in, submitting to the Prime Minister for promulgation a list of hi-tech products encouraged for development in each period of national socio-economic development, and its modifications and supplementations.
Thus, hi-tech products must be turned out with technologies on the list of high technologies prioritized for development investment and satisfy the following requirements:
(1) Having a high added-value ratio in the product value structure;
(2) Being highly competitive and creating great socio-economic benefits;
(3)/Being exportable or able to substitute imports;
(4) Contributing to raising the national scientific and technological capacity.
What is the list of high-tech products prioritized for development investment in Vietnam?
Under Appendix II - the list of high-tech products encouraged for development issued together with Decision 38/2020/QD-TTg:
1. Systems, equipment, software, identity analysis, prediction and control based on artificial intelligence.
2. Equipment, modules, software, platforms, loT integration solutions and IoT platform services.
3. Equipment, software, solutions, and services of blockchain technology.
4. Equipment, software, solutions, virtualization services, system integration services, cloud computing, edge computing, fog computing.
5. Advanced equipment, software, solutions and services to ensure network security and safety and information confidentiality.
6. Smartcards and smartcard readers.
7. Devices, software, solutions, and services in virtual reality, augmented reality, and mixed reality.
8. Building Information Model (BIM).
9. Biomedical processing software, information database.
10. Service of designing and optimizing telecommunications networks and systems in the national telecommunications infrastructure.
11. Service of consulting, designing and leasing information technology systems.
12. Service of integrating and managing systems of telecommunications technology and information technology.
13. Services of BPO, KPO, ITO; certification of digital signatures; content creation automation; software testing automation.
14. Software, equipment, solutions, and services of software testing automation.
15. Satellites, small satellites, micro satellites and satellite equipment; satellite equipment and transceiver station; flying equipment; flight control system.
16. Global positioning system and equipment.
17. Next-generation network technology (4G, 5G, 6G, NG-PON, SDN/NFV, SD-RAN, SD-WAN, LPWAN, IO-Link wireless, Network slicing, new generation optical network).
18. Cognitive radio equipment, software and solutions.
19. New-generation signal encoding and decoding equipment, modules and software (H.265/HEVC, H.266/VVC); equipment for encapsulating and transmitting signals on the Internet platform, via next-generation telecommunications networks (4G, 5G, 6G); hybrid television equipment and systems (HbbTV), interactive television.
20. IC design and IP core.
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