Executive Summary
The Prime Minister’s approval of Decision No. 23/2026/QD-TTg, taking effect on July 1, 2026, officially establishes a new list of 70 high technologies prioritized for investment alongside 100 high-tech products eligible for development incentives.
This is not a generic policy update; it is a profound restructuring of the national high-tech ecosystem aimed at achieving breakthrough growth in the digital era. By explicitly distinguishing these “strategic technologies”—which range from quantum computing and AI to renewable energy and advanced energy storage—the state is directing top-tier budgetary resources and incentives exclusively toward sectors that guarantee national technological autonomy. At Lexora Partner, we advise executive boards that capitalizing on this legal framework requires an immediate realignment of corporate R&D, aggressive tech-transfer structuring, and the acquisition of vanguard global talent to monopolize these sovereign subsidies.
Strategic Analysis
1. Corporate Strategy & Investment Advisory (The Net-Zero & Tech-Transfer Play)
The government is effectively subsidizing the corporate transition toward advanced and sustainable operational models.
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Analysis: The inclusion of renewable and clean energy, next-generation microbial technology, and advanced energy storage within the 70 priorities provides a highly lucrative financial arbitrage. Multinational conglomerates can now structurally align their domestic R&D initiatives directly with their broader, international Net-Zero compliance frameworks. Furthermore, the Law prioritizes foreign direct investment projects that transfer core technologies and establish linkages with domestic enterprises. Lexora Partner possesses the profound legal science acumen to architect these cross-border tech-transfer agreements and Special Purpose Vehicles (SPVs). We ensure your enterprise not only secures the highest incentives provided by investment, taxation, and land laws but also seamlessly integrates these projects into global climate and trade architectures.
2. Regulatory Affairs & Risk Management (Market Access via Public Procurement)
Strategic technologies now act as a VIP pass to state-level commercial contracts.
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Analysis: A central objective of this legal framework is to open up market access through public procurement, providing special bidding arrangements that prioritize state funds to lease or procure hi-tech and strategic technology products. The state is positioning itself as the “first buyer” of these strategic products. However, distinguishing your product as a “strategic technology” rather than a conventional high technology requires meeting strict criteria, including the creation of sustainable national competitive advantages and mastery of core technologies. Lexora Partner designs the rigorous, institutional-grade compliance and intellectual property shields necessary to decode these regulations, ensuring your enterprise successfully navigates state procurement audits and legally secures these massive B2G (Business-to-Government) contracts.
3. Human Capital & Executive Search (Arbitraging Global Genius)
You cannot master core technologies without capturing the top 1% of global intellectual capital.
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Analysis: To address bottlenecks in technological autonomy, the state is offering exceptional incentives to attract high-quality human resources, including international experts, chief engineers, and overseas Vietnamese scientists. These elite professionals are entitled to top-tier personal income tax incentives and direct assignment to national scientific programs. Lexora Partner’s Executive Search division leverages this unprecedented legal leverage to headhunt the rarest C-Suite tech talent—visionary Chief Technology Officers (CTOs) and R&D Directors. We execute the complex cross-border compensation and tax structuring required to seamlessly integrate these global experts into your Vietnamese operations.
Lexora’s Perspective: Institutionalizing Technological Dominance
The Vietnamese government has fundamentally altered the economics of corporate innovation. Enterprises that continue to operate with outdated, imported technologies will find themselves marginalized by competitors heavily subsidized by the state. By aligning your investment portfolio with Decision 23, you transform R&D from a cost center into a state-backed asset. Lexora Partner provides the sophisticated legal structuring, the strategic compliance frameworks, and the elite executive talent required to ensure your enterprise leads this technological vanguard.
