Access Vietnam's Investment Support Fund (Decree 182/2024), CIT incentives for high-tech projects, and NIC digital talent scholarships to fund your AI initiatives.
Vietnam offers multiple funding mechanisms for AI initiatives: the Investment Support Fund (Decree 182/2024) provides cash grants for high-tech investments, CIT incentives offer 10% rates for up to 15 years, and the NIC partners with Google and USAID on digital skills development. The National Digital Transformation Program targets digital economy growth to 30% of GDP by 2030, with government budget allocations across eight priority sectors. The AI Law creates a National AI Development Fund, though implementing regulations are still being developed. Hai Phong specifically offers 5-year CIT exemption for AI and semiconductor startups, creating geographic incentive opportunities.
LOCAL CONTEXT
Vietnam is one of the fastest-growing digital economies in ASEAN, with a young, tech-savvy workforce and a thriving startup ecosystem. The Digital Vietnam 2030 vision and vocational training subsidies are creating strong tailwinds for AI adoption across industries.
$2.8 billion AI market by 2030
THE CHALLENGE
“Personal Data Protection Law compliance”
“AI Law risk classification preparation”
“Vietnamese-language training and tools”
“Scaling AI beyond the 13.8% benchmark”
Our team has trained executives at globally-recognized brands
FUNDING & SUBSIDIES
Scholarship-based; individual and institutional applications accepted
Google partnership providing 20,000+ digital skills scholarships across 83 institutions, plus USD 2.2 million USAID funding for digital inclusion and workforce development.
Official Source10% CIT for 15 years; 2-4 year full exemption + 4-9 year 50% reduction
Preferential Corporate Income Tax rate of 10% for up to 15 years for high-tech projects including AI and software (vs. standard 20%). Tax holidays of 2-4 years full exemption followed by 4-9 years at 50% reduction.
Official SourceREGULATORY LANDSCAPE
Vietnam's AI Law (Law 134/2025), effective March 2026, establishes a risk-based classification system requiring mandatory pre-market conformity assessments for high-risk AI and human oversight for all AI decisions. The Personal Data Protection Law (effective January 2026) introduces revenue-based penalties up to 5% for data transfer violations, replacing Decree 13/2023's framework. The Cybersecurity Law (Decree 53/2022) requires 24-month local data storage for Vietnamese user data. Organisations should assess which of their AI applications fall under the high-risk category and prepare governance documentation before enforcement mechanisms are finalised.
CHALLENGES IN VIETNAM
Vietnam's Personal Data Protection Law effective January 2026 introduces revenue-based penalties up to 5% for data violations. Organisations must implement explicit consent mechanisms, 72-hour breach notification, and impact assessments for cross-border data transfers.
The AI Law (Law 134/2025) establishes a risk-based classification system requiring conformity assessments for high-risk AI. Organisations must evaluate which of their AI applications fall into high-risk categories and prepare governance documentation accordingly.
Only 15-20% of Vietnam's workforce has business-level English. AI training programmes and tools must be delivered in Vietnamese with localised examples to achieve meaningful adoption across teams.
While 73% of Vietnamese companies have adopted AI, only 13.8% have deployed at scale. Organisations need structured rollout frameworks to move beyond pilots and achieve enterprise-wide AI deployment.
OUR PROCESS
We identify relevant government agencies, programs, and partnership models aligned with your AI objectives.
We facilitate discussions with government counterparts to align incentives, objectives, and expectations.
We develop comprehensive partnership proposals demonstrating mutual benefit and public interest alignment.
We design governance frameworks, funding mechanisms, and IP arrangements for the partnership.
We provide ongoing advisory support through partnership negotiation, finalization, and initial execution.
IS THIS RIGHT FOR YOU?
Large enterprises with strategic AI initiatives
Industry associations and consortia
Organizations seeking multi-million dollar co-investment
Small organizations (<100 employees)
Organizations without established government relationships
Short-term or tactical projects
See yourself above? Let's talk about AI Funding: Public-Private Partnerships in Vietnam.
Let's TalkCOMMON QUESTIONS
MORE FUNDING
WHY PERTAMA PARTNERS
While Vietnamese market leaders like FPT (USD 2.47 billion revenue, USD 7.7 billion market cap) and VinAI (top-20 global AI R&D) offer strong local capability, and global consultancies (McKinsey, BCG, Deloitte, KPMG, EY, Accenture) provide enterprise advisory, Pertama Partners occupies a distinctive position: we combine cross-ASEAN regulatory expertise spanning the AI Law, PDPL, and Cybersecurity Law with structured, practitioner-led training methodology validated across multiple Southeast Asian markets. Unlike large consultancies, we focus exclusively on practical AI capability building rather than theoretical advisory. Unlike local tech companies, we bring regulatory knowledge across ASEAN jurisdictions, enabling Vietnamese enterprises expanding regionally to build consistent AI governance frameworks.
Vietnamese-language delivery is essential: only 15-20% of the workforce has business-level English proficiency. All training materials, exercises, and documentation must be provided in Vietnamese with bilingual facilitators available. Vietnamese corporate training culture traditionally favours lecture-based, instructor-led methods; however, AI training benefits from hands-on labs and practical demonstrations. We recommend a blended approach: structured presentations followed by guided hands-on practice with Vietnamese-language AI tools. Delivery should focus on practical application to Vietnamese business contexts, with case studies drawn from local industry examples where possible. Delivery is recommended in Ho Chi Minh City or Hanoi, where 90% of Vietnam's tech talent and business headquarters are concentrated.
Let's discuss how ai funding: public-private partnerships can help your organization in Vietnam.
Start a Conversation