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Viettel and VNPT will report R&D spending near 3% of revenue within two years, though most of the increase will come from relabelling existing technology costs rather than genuine new research.
Made
1 Sep 2026
By
Marco Law
Market
Vietnam
Outcome
Unresolved
Vietnam is drafting rules letting its biggest tech firms claim official "advanced economy" status if they meet certain criteria, including spending 3% of revenue on R&D, but Viettel and VNPT currently spend only around 1%. With no strict rule separating true research from routine network upgrades or software procurement, reclassifying existing spending as R&D is the cheaper route to the threshold.
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