Legal framework serves as foundation for technology startups to thrive

en.sggp.org.vn Jun 5, 2026

Legal framework serves as foundation for technology startups to thrive

Curated by Shubham · TechCapsules · Jun 5, 2026

AI-summarised brief · reviewed before publication

Vietnam is establishing a legal framework to support technology startups, building on Resolution No. 57-NQ/TW. The rapid growth of the digital economy requires a more substantive and effective framework, including regulatory sandboxes to test new business models. The Law on Science and Technology and implementing decrees are providing a foundation for innovation and experimentation. However, a gap remains between policy and practical implementation, and clear regulatory guidance is needed. Experts emphasize the importance of a clear roadmap, synergy within the ecosystem, and robust risk-control mechanisms to safeguard users and investors, allowing startups to refine and improve emerging technologies.

💡 Why It Matters

· Clear regulatory guidance is essential for startups to navigate the complex digital economy landscape.
· Robust risk-control mechanisms are necessary to prevent premature startup failures and protect users and investors.

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