Sci-Tech

Vietnam offers up to 50% of initial investment costs for semiconductor and AI investors

The Government has issued a decree allowing support of up to 50% of initial investment costs for businesses engaging in semiconductor and AI research and development (R&D) projects.

PM Pham Minh Chinh and CEO of Nvidia Corporation Jensen Huang (Photo: VNA)
PM Pham Minh Chinh and CEO of Nvidia Corporation Jensen Huang (Photo: VNA)

Hanoi (VNS/VNA) - The Government has issued a decree allowing support of up to 50% of initial investment costs for businesses engaging in semiconductor and AI research and development (R&D) projects.

This support is outlined in Decree 182, which was recently enacted to establish, manage and implement the Investment Support Fund.

Under the decree, businesses eligible for support must have no tax or budget-related debts. Their R&D investment projects must positively impact the innovation ecosystem and contribute to the development of groundbreaking technologies and products for Vietnam.

The R&D centre projects must also align with the list of prioritised high-tech industries and require a minimum investment capital of 3 trillion VND (117.78 million USD), with at least 1 trillion VND disbursed within three years of receiving the investment decision.

Beyond the exclusive support for semiconductor and AI giants, other tech enterprises are also eligible for general assistance. These include high-tech enterprises, firms with high-tech product manufacturing projects and those investing in R&D centres or applying advanced technology.

General support includes funding for training and workforce development, R&D costs, fixed asset investments, high-tech product manufacturing and infrastructure development. Other cases are decided by the Government.

The Investment Support Fund is a national fund managed by the Ministry of Planning and Investment. It is tasked with receiving, managing and using the State budget and other legal resources to provide financial aid to businesses.

Before this decree was introduced, Vietnam missed out on several investment projects from global giants.

In a 2024 report on drafting the decree, the Ministry of Planning and Investment revealed that numerous major corporations had looked into investment opportunities in Vietnam but shifted to other countries due to the lack of specific regulations.

Some large-scale high-tech projects also stalled, awaiting policy responses, and paused new investments or expansions in the absence of suitable support measures. For instance, LG temporarily suspended its plan to invest in a new 5 billion USD electronic device manufacturing project./.

VNA
#semiconductor #research and development #Investment Support Fund #R&D investment projects Vietnam
Follow VietnamPlus

Post-pandemic recovery

Related News

Production of “Made in Da Nang” tablets with a localisation rate of nearly 60% at the Trung Nam EMS factory in the Da Nang IT Park. (Photo: VNA)

Greater efforts needed to boost semiconductor industry’s growth

Minister of Planning and Investment Nguyen Chi Dung, who is also deputy head of the National Steering Committee for Semiconductor Industry Development, emphasised that the committee will continue to settle difficulties and bottlenecks to turn the semiconductor industry into a major driver of Vietnam’s growth in the new era.

Vietnam is now home to 174 foreign-invested projects with a total registered capital of nearly 11.6 billion USD, (Photo: vneconomy.vn)

Vietnam home to 174 FDI projects in semiconductor sector

Vietnam has emerged as a burgeoning hub for the semiconductor industry, now home to 174 foreign-invested projects with a total registered capital of nearly 11.6 billion USD, according to Minister of Planning and Investment Nguyen Chi Dung.

Prime Minister Pham Minh Chinh speaks at the first meeting of the National Steering Committee for Semiconductor Industry Development on December 14, 2024. (Photo: VNA)

Incentive mechanisms needed for semiconductor industry: PM

Prime Minister Pham Minh Chinh, Head of the National Steering Committee for Semiconductor Industry Development, urged the development of incentive mechanisms and policies to promote the development of the semiconductor industry, while chairing the first meeting of the committee in Hanoi on December 14 morning.

See more

Mang But commune area in Quang Ngai province. (Photo: VNA)

3.9-magnitude earthquake recorded in Mang But, Quang Ngai

According to the Vietnam Earthquake Information and Tsunami Warning Centre under the Institute of Earth Sciences, the tremor occurred at 11:35:06 (Hanoi time) with coordinates of 14.864 degrees North latitude and 108.210 degrees East longitude, at a depth of about 8.1 km. The event was assessed as having a level-0 disaster risk.

Illustrative photo: AFP

AI Law takes effect, anchors national governance framework

Taken together, the new AI Law and its implementation roadmap not only complete Vietnam’s legal architecture for AI, but also lay a structured foundation for risk management, innovation and ecosystem development, aiming to ensure coherent and effective enforcement in the years ahead.

Viettel Networks and Ericsson sign their cooperation agreement on the sidelines of the Mobile World Congress 2026. (MWC 2026)

Viettel Networks, Ericsson partner to advance autonomous telecom networks

Under a newly signed cooperation agreement, Ericsson will provide network automation platforms and artificial intelligence (AI) technologies while working with Viettel to conduct real-world trials. The collaboration marks a new step forward, combining Viettel’s large-scale network operation expertise with Ericsson’s strengths in automation solutions and advanced technologies.

Prime Minister Pham Minh Chinh speaks with students at Hanoi University of Science and Technology (Photo: VNA)

Resolution 57: Developing high-quality sci-tech human resources key to master strategic technologies

After one year of implementing Resolution No. 57-NQ/TW of the Politburo, alongside notable achievements, the Central Steering Committee for science and technology development, innovation, and digital transformation has identified persistent shortcomings and bottlenecks requiring urgent attention - most notably a shortage of high-quality human resources in strategic technology fields.

The Saigon Hi-Tech Park (Photo: VNA)

Vietnam advances toward mastering UAV technology

Products are already making their way into the US market, but this is not merely a story of applying new technology in practice, but a gradual process of mastering core details and affirming international capabilities in the UAV industry, one of Vietnam’s strategic high-tech sectors.

Tran Quang Hung, Chairman of the Board of Directors of HIC, presents the company’s operating model at the launch event. (Photo: hanoimoi.vn)

Hanoi’s innovation centre to drive digital transformation, creative industries

HIC is envisioned as a central “brain” connecting data, resources, policies, technology and culture to address urban development challenges, operate the national innovation ecosystem, promote a sustainable digital economy and digital society, improve the quality of life for local residents, and foster creative industries, particularly cultural industries linked to Hanoi’s identity.

Participants pose for a group photo at the International Conference on Advanced Microscopy for Life Sciences and Materials held in Gia Lai on February 25. (Photo: ICISE)

International conference spotlights advanced microscopy in life sciences, materials

The microscopy user community in Vietnam remains fragmented, lacking a common platform for sharing technical expertise, research experience and collaboration opportunities. This limited connectivity has, to some extent, curtailed the full potential of microscopy technologies in advancing scientific progress and industrial applications at home and abroad.