Startups and innovation have emerged as key drivers of economic development in the contemporary context, contributing to the formation of a dynamic and resilient economic foundation. In recent years, Vietnam has made notable progress in implementing policies aimed at supporting startup activities, yielding several positive outcomes. Nonetheless, for the startup ecosystem to thrive and for innovation to become a substantial force in national development, existing support policies require further enhancement and refinement. This paper analyzes the current state of startup and innovation support policies in Vietnam, identifies existing limitations, and proposes a number of policy recommendations to strengthen the institutional framework and promote the sustainable development of startups and innovation in the upcoming period.
Chinh et al. (Tue,) studied this question.