Vietnam government urged to broaden public procurement to spur innovation

Vietnam's government faces calls to broaden its public procurement framework. Industry observers argue that a wider procurement scope can spark domestic innovation. The appeal was reported by Vietnam Investment Review. Expanding procurement could give emerging firms greater market access. Greater access is expected to encourage research and development activities. Officials are being urged to revise procurement rules to be more inclusive. The proposal highlights the link between state spending and technological progress. Stakeholders will watch for policy adjustments in the coming months.