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Update news R&D development
US-based Marvell Technology Inc. on September 30 officially inaugurated three new offices in Vietnam, making the country the group’s third-largest research and development (R&D) hub worldwide, with more than 500 engineers.
The state has budgeted VND25 trillion more for science, technology, innovation and digital transformation, but, in reality, 80 percent is spent on infrastructure and equipment procurement and only 20 percent on research.
At the Vietnam R&D Forum 2025, experts emphasize that people - not policies or budgets - are the decisive force behind innovation success.