Marking a clear departure from conventional innovation centers, CT Group’s newly launched CT Innovation Hub opens the door to a whole new world, the 4.0 era of innovation.
On the morning of April 29, 2025, the CT Innovation Hub was officially inaugurated at 20 Truong Dinh Street, District 3, Ho Chi Minh City, near the Independence Palace – marking a bold transformation in the field of innovation. At the heart of this shift is a complete redefinition of the traditional innovation center model. Unlike conventional models, this new-generation hub is designed to harness the powerful creativity of 4.0-era talents, connect both domestic and international resources, and activate an innovation ecosystem built on advanced technologies.
In his opening remarks, Mr. Tran Kim Chung – Chairman of CT Group – stated: “Together with the Alliance of Next-Generation 4.0 Innovation Centers, we are committed to igniting a spirit of innovation among the youth – the future leaders of Vietnam. Innovation is not merely a slogan. It must be realized through practical, concrete, and effective actions. We aspire to join hands with the Government, ministries, agencies, the business community, and intellectuals both at home and abroad to build a robust innovation ecosystem that contributes to sustainable socio-economic development. That is why today, we inaugurate the CT Innovation Hub – with the vision of creating an environment that inspires the 4.0 generation to continuously innovate, create, and contribute.”
Ribbon-Cutting Ceremony of the CT Innovation Hub
Current realities show that, despite Vietnam’s rise to 44th out of 133 global economies in the 2024 Global Innovation Index (GII) – an improvement of four places compared to 2023 – the country still faces significant challenges.
Firstly, as of March 2025, Vietnam has produced only a handful of unicorns. This figure remains modest when compared to countries like Israel, which consistently generates around 60 unicorns annually. Secondly, Vietnamese startups face a high failure rate, despite the nation’s talent pool being academically gifted and creatively inclined. According to research by the Ho Chi Minh City Center for the Application of Science and Technology Advancement, over 90% of startups in Vietnam fail within the first few years, and 95–97% of enterprises do not survive beyond five years.
Thirdly, the performance of current Innovation Centers has yet to make a strong impact. According to Resolution 57-NQ/TW of the Politburo, there are approximately 20 centers operating at various levels (national, regional, sectoral, and local). However, their actual contributions to the economy remain difficult to measure and in need of enhancement.
Fourth, while Vietnam has won 271 medals in the International Mathematical Olympiad over the past 50 years, and the number of academic publications has surged, the number of patented innovations and successfully commercialized products remains limited. Fifth, students from Vietnam’s top gifted schools – such as Hanoi-Amsterdam High School for the Gifted or Ho Chi Minh City’s High School for the Gifted – often pursue studies abroad. According to the Department of International Cooperation, over 8,850 students studied abroad in 2022, yet only around 1,160 returned (just 13.1%). The return rate declined even further in 2023. Multiple sources estimate that 70–80% of these students choose to remain overseas. As a result, many talented Vietnamese are contributing to innovation in other countries, while direct contributions to Vietnam remain limited.
It is clear that while natural resources are finite, human creativity is boundless. However, every idea becomes meaningless without action. The launch of the CT Innovation Hub is more than just a corporate milestone – it represents the direct implementation of Resolution 57 by the Politburo on national innovation strategy. More importantly, it aims to address the pressing challenges faced by Innovation Centers across Vietnam.
Mr. Tran Kim Chung – Chairman of CT Group – speaks at the event
CT Innovation Hub serves as an incubator and accelerator for nine emerging technology sectors – all of which are strategic priorities outlined in Resolution 57 – including: Semiconductor, Artificial Intelligence Technology, Unmanned Aerial Vehicle, Green Cryptocurrency, ESG Technology, Electric Cars – Electric Trains, Quantum Technology, New Energy Technology, and Gene & Cell Technology. These are all pivotal areas that will play a decisive role in shaping the digital economy and the future of science and technology.
What truly sets CT Innovation Hub apart is its departure from theory-based models or demonstrations of imported technologies. Instead, it showcases and operates a fully integrated 4.0 core technology ecosystem developed and mastered entirely by Vietnamese experts. Here, visitors can witness firsthand domestically-developed UAVs, proprietary AI solutions, semiconductor factory models, 4.0 modular construction systems, ESG technologies for sustainable economic development, and breakthrough research in gene and cell technologies.
The launch of CT Innovation Hub lays the foundation for a new wave of practical, 4.0-style innovation among Vietnam’s younger generation, while simultaneously attracting global Vietnamese talent to return and contribute. With CT Innovation Hub, innovation is now distinguished – more focused, action-driven, and results-oriented.
CT Innovation Hub, in collaboration with the Innovation Hub Alliance (IHA) – a network of next-generation 4.0 Innovation Centers – connects over 60 domestic innovation hubs and more than 100 international ones. This expansive network not only facilitates technology transfer, but also amplifies the flow of knowledge and resource sharing between Vietnam and the global innovation ecosystem.
CT Innovation Hub
Address: Léman Building – 20 Truong Dinh, District 3, Ho Chi Minh City
Hotline: 0969.460.440
