Where Vietnamese innovation takes root
Victory Incubation Center partners with Vietnamese startups and SMEs across incubation, acceleration, and capital raising.
Flagship programs
Incubating, accelerating and connecting resources for innovative startups.
Products & Services
Four end-to-end service packages — S&T Enterprise, Innovative Startup, NQ20 Grant and Household Business — optimise tax, unlock grants, and formalise your business.
Science & Technology Enterprise Package
4-year CIT exemption + 50% reduction for 9 more years
Companies with proven R&D output, IP ownership and measurable research spend, seeking the largest tax incentives and formal S&T recognition.
- Full CIT exemption for 4 years, 50% reduction for the next 9 years
- Preferential CIT rate of 10% for 15 years
- Up to 20% of profit can be allocated to the S&T Development Fund
Innovative Startup Enterprise Package
CIT exemption up to 5 years + exclusive benefits for investors
Innovative startups preparing to raise capital — seeking tax incentives for the company, its investors, and its key experts.
- CIT exemption of up to 5 years in HCMC
- Capital-gains tax exemption for investors exiting qualified startups
- 2-year PIT exemption + 50% reduction for 4 more years for key experts
Acceleration Grant under Resolution 20
Non-refundable grant up to VND 400 million
Innovation projects with an MVP and initial customers in HCMC's 9 priority sectors — seeking the VND 400 million non-refundable grant to scale and earn state endorsement.
- Non-refundable grant of up to VND 400 million per project
- VND 150 million for direct project labor costs
- VND 250 million for experts, innovation services, and facilities
Household Business Registration & Tax Advisory
Compliant HKD registration + full readiness for the 2026 tax-regime change
Individuals and families opening a shop, online store, or small service — seeking compliant HKD registration and readiness for the 2026 tax-regime change.
- Business-license fee exemption below VND 100m/yr (fully abolished from 01/01/2026)
- VAT & PIT exemption for revenue below VND 200m/yr from 2026
- Fully prepared for the 2026 end of lump-sum taxation
Our partner network
Government, universities, corporates and investors — at home and abroad.
HCMC Department of Science and Technology
The HCMC government agency for science, technology, and innovation — founder of HOIP and funder of the NQ 20/2023 support program.
Valhalla Capital
International venture capital fund introduced by VIC to the Vietnamese innovation ecosystem, focused on technology and deep-tech startups at the acceleration stage.
Technology Business Incubator – Ho Chi Minh City University of Technology (TBI)
Strategic partner since December 2020, supplying technical talent and applied-research linkages to VIC incubatees.
ANSCENTER
AI technology partner that signed a cooperation agreement with VIC in January 2021, supporting incubation projects in artificial intelligence and data platforms.
World Innovation Foundation
International innovation organization partnering with VIC to connect Vietnamese startups with the global innovation-forum network.
Latest news
Activities, events and insights from VIC.
HOIP launches the 2025 startup–investor matchmaking cohort
The HOIP platform operated by VIC opens a new matchmaking cycle connecting HCMC innovative startups with a network of 90+ investors and support organizations.
Decoding HCMC's Startup Tax Incentives under Resolution 98/2023
National Assembly Resolution 98/2023 establishes special mechanisms for HCMC — including a suite of tax incentives for innovative startups. Here is how to read them correctly and use them well.
Ready to take your startup to the next level?
Talk to the VIC team about incubation, tax incentives and fundraising.