What are the criteria for artels to be eligible for assistance policies for application of science and technology, innovation and digital transformation in Vietnam?
- What are the policies for application of science and technology, innovation and digital transformation in Vietnam?
- What are the criteria for artels to be eligible for assistance policies for application of science and technology, innovation and digital transformation in Vietnam?
- What are the rules for implementing policies for application of science and technology, innovation and digital transformation in Vietnam?
What are the policies for application of science and technology, innovation and digital transformation in Vietnam?
Pursuant to the provisions of Article 24 of the Law on Cooperatives 2023 (effective from July 1, 2024), regulations on policies for application of science and technology, innovation and digital transformation are as follows:
Artels, cooperatives and cooperative unions shall be given assistance in:
- Adopting innovations and improving their productivity on the basis of science and technology and innovations; developing models of green economy, circular economy, and reduction of greenhouse gas emissions; adopting technological innovations, accessing, promoting, developing and owning technologies through research, provision of training and consultancy, searching for technologies, reverse engineering and technology transfer; establishing, managing, using, protecting and developing intellectual property.
- Adopting digital transformation and applying e-commerce to their production and distribution of products by means of development of information technology infrastructure and provision of shared terminal devices, software programs and applications.
- Building and connecting their own websites to the National cooperative information system.
- They will be provided with funding for using technology transfer consulting services according to their requests and under specific service contracts signed with relevant service providers.
What are the criteria for artels to be eligible for assistance policies for application of science and technology, innovation and digital transformation in Vietnam?
What are the criteria for artels to be eligible for assistance policies for application of science and technology, innovation and digital transformation in Vietnam?
Pursuant to the provisions of Clause 2, Article 18 of the Law on Cooperatives 2023, regulations on criteria for beneficiary selection are as follows:
Criteria for beneficiary selection
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2. An artel shall be eligible for assistance policies if meeting the following criteria:
a) It has a valid artel registration certificate;
b) It is not serving any administrative penalty for committing the prohibited acts specified in Clause 2 Article 7 of this Law;
c) It admits membership or provides education, training and re-training for its members and employees or is newly established in a disadvantaged or extremely disadvantaged area as prescribed by laws.
Thus, an artel shall be eligible for assistance policies if meeting the following criteria:
- It has a valid artel registration certificate;
- It is not serving any administrative penalty for committing the prohibited acts specified in Clause 2 Article 7 of this Law;
- It admits membership or provides education, training and re-training for its members and employees or is newly established in a disadvantaged or extremely disadvantaged area as prescribed by laws.
What are the rules for implementing policies for application of science and technology, innovation and digital transformation in Vietnam?
Pursuant to the provisions of Article 17 of the Law on Cooperatives 2023, it stipulates the rules for implementing State policies as follows:
Rules for implementing State policies
1. Contents, subjects, procedures, resources, levels and results of assistance must be transparent and publicly disclosed.
2. The implementation of State policies must be in line with the master program for development of collective economy, and appropriate to the State’s ability to balance its resources in each period.
3. In case an artel, cooperative or cooperative union is eligible for multiple levels of assistance under the same policy within a given period as prescribed in this Law and relevant laws, it shall be entitled to the most favorable level of assistance.
Thus, the rules for implementing State policies
- Contents, subjects, procedures, resources, levels and results of assistance must be transparent and publicly disclosed.
- The implementation of State policies must be in line with the master program for development of collective economy, and appropriate to the State’s ability to balance its resources in each period.
- In case an artel, cooperative or cooperative union is eligible for multiple levels of assistance under the same policy within a given period as prescribed in this Law and relevant laws, it shall be entitled to the most favorable level of assistance.
Note: This regulation applies from the effective date of the Law on Cooperatives 2023, which is July 1, 2024. Particularly, Clause 3 and Clause 4, Article 115 of the Law on Cooperatives 2023 will take effect from September 1, 2023.
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