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AI Funding: Public-Private Partnerships in Vietnam

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.

Duration8-16 weeks
InvestmentUSD $20,000 - $50,000
LocationVietnam
$2.8 billion AI market by 2030
AI Market Size
30% annual growth in tech sector
Annual Growth
50% of workforce requires digital skills training
Workforce Upskilling Need

LOCAL CONTEXT

AI landscape in Vietnam

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.

Market Size

$2.8 billion AI market by 2030

THE CHALLENGE

Sound familiar?

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

SAPUnileverHoneywellCenter for Creative LeadershipEY

FUNDING & SUBSIDIES

Government funding for AI training in Vietnam

NIC Digital Talent Development Program

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 Source
CIT Incentives for Technology Companies

10% 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 Source

REGULATORY LANDSCAPE

Compliance considerations in Vietnam

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

Why organizations in Vietnam need ai funding: public-private partnerships

Personal Data Protection Law compliance

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.

AI Law risk classification preparation

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.

Vietnamese-language training and tools

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.

Scaling AI beyond the 13.8% benchmark

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

How we deliver results

Step 1

Opportunity Mapping

We identify relevant government agencies, programs, and partnership models aligned with your AI objectives.

Step 2

Stakeholder Alignment

We facilitate discussions with government counterparts to align incentives, objectives, and expectations.

Step 3

Proposal Development

We develop comprehensive partnership proposals demonstrating mutual benefit and public interest alignment.

Step 4

Partnership Structuring

We design governance frameworks, funding mechanisms, and IP arrangements for the partnership.

Step 5

Execution Support

We provide ongoing advisory support through partnership negotiation, finalization, and initial execution.

IS THIS RIGHT FOR YOU?

Finding the right fit

This is ideal for you if...

Large enterprises with strategic AI initiatives

Industry associations and consortia

Organizations seeking multi-million dollar co-investment

Consider another option if...

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.

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COMMON QUESTIONS

Frequently asked

MORE FUNDING

Other Funding Solutions in Vietnam

WHY PERTAMA PARTNERS

Our advantage in Vietnam

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.

Local Delivery

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.

Sources & References

  1. Vietnam's National Assembly passed Law No. 134/2025/QH15 on Artificial Intelligence on 10 December 2...Baker McKenzie (2026)
  2. Vietnam's Personal Data Protection Law (effective 1 January 2026) replaces Decree 13 and introduces ...Hogan Lovells (2025)
  3. Vietnam's Cybersecurity Law (Law No. 24/2018/QH14) and implementing Decree 53/2022/ND-CP (effective ...U.S. International Trade Administration (2022)
  4. Vietnam's National Strategy on AI (Decision 127/QD-TTg, January 2021) aims to position Vietnam among...OECD AI Policy Observatory (2021)
  5. Vietnam's Law on Digital Technology Industry (Law No. 71/2025/QH15), adopted 14 June 2025 with effec...Regulations.AI (2025)
  6. In June 2024, Vietnam's Ministry of Science and Technology issued Principles on Research and Develop...LNT & Partners (2024)
  7. Vietnam's digital economy reached approximately USD 36 billion in 2024 (over 18% of GDP) and is proj...VietnamPlus (Vietnam News Agency) (2024)
  8. Vietnam's AI market is forecast to reach USD 932 million in 2025 and surge to USD 6.91 billion by 20...IMARC Group (2025)
  9. By 2025, 73% of Vietnamese companies had adopted AI in some form, though only 13.8% had deployed AI ...B-Company Japan (citing Vietnamese government data) (2025)
  10. Vietnam has approximately 530,000 software developers and over 1.5 million IT sector workers broadly...JT1 Vietnam (2025)
  11. FPT Corporation is Vietnam's largest IT services company with USD 2.47 billion revenue in 2024 and U...TNGlobal / B-Company Japan (2025)
  12. Vietnamese corporate training traditionally favors lecture-based, instructor-led methods. While in-p...JT1 Vietnam / Joshua Ewan James Corporate Training (2024)

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