What are responsibilities of entity in charge of managing expenditure on national technological innovation program until 2030 in Vietnam?

What are responsibilities of entity in charge of managing expenditure on national technological innovation program until 2030 in Vietnam? What are responsibilities of board of directors in national technological innovation program until 2030 in Vietnam? 

What are responsibilities of entity in charge of managing expenditure on national technological innovation program until 2030 in Vietnam?

Pursuant to Article 15 of the Circular 06/2021/TT-BKHCN stipualting responsibilities of entity in charge of managing expenditure on national technological innovation program until 2030 in Vietnam as follows:

Entity in charge of managing expenditure on Program task implementation shall be National Technology Innovation Fund affiliated to Ministry of Science and Technology, are responsible for:

1. Taking charge and cooperating with Department of Technology Application and Development in receiving financial instrument, managing expenditure, providing funding, verifying funding, settling funding; inspecting and assessing tasks regularly or irregularly, revising expenditure, terminating contracts during task implementation; disposing property after finishing Program tasks and other assigned tasks relating to managing expenditure on Program  implementation according to regulations on managing finance of the Program and applicable regulations on using state funding. 

2. Cooperating with Department of Technology Application and Development in developing plans, preparing budget estimates on Program implementation; selecting, assigning, appraising task funding; signing task implementation contracts; assessing, inspecting, accrediting results, and liquidating contracts for Program tasks; requesting head of Ministry to select contractors for procuring machinery, equipment, goods, materials and services with state funding.

3. Cooperating with relevant entities in producing periodic reports, preliminary reports, assessment reports, and final reports on Program implementation, organizing preliminary conclusion and final conclusion regarding Program activities within assigned functions.

What are responsibilities of board of directors in national technological innovation program until 2030 in Vietnam? 

Pursuant to Article 16 of the Circular 06/2021/TT-BKHCN stipualting responsibilities of board of directors in national technological innovation program until 2030 in Vietnam as follows:

1. Board of Program directors shall be established by Minister of Science and Technology. Board of Program directors consists of 9 to 11 members, including a Director, a Vice Director, a Secretary, and other members designated by Minister of Science and Technology.

2. Board of Program directors shall perform tasks according Article 8 of Circular No. 05/2015/TT-BKHCN dated March 12, 2015 of Minister of Science and Technology.

Best regards!

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