Contents of support for science and technology development of enterprises in Vietnam

According to the Decree No. 95/2014/NĐ-CP of Vietnam’s Government, support for science and technology development of enterprises shall include the following contents:

- Investing in technical and physical foundations for scientific and technological activities of enterprises: Building research and development organizations, analysis, testing, inspection and calibration centers, information infrastructure and databases and making scientific and technological statistics; paying expenses for maintenance and repair of technical and physical foundations and equipment serving scientific and technological activities; paying other expenses serving science and technology development; quality management systems;

- Procuring of the right to use or own technological know-how and knowledge transferred in the forms of technological plan, technological process, technical design, technical solution, technical specification, technical drawing or diagram, computer program, or information data; production rationalization or technology renewal solutions; patents, utility solutions, plant varieties, industrial designs; initiatives; and domestic and foreign research results and products serving scientific and technological activities of enterprises;

- Procuring machinery and equipment accompanied by objects of technology transfer prescribed in Article 7 of the Law on Technology Transfer of Vietnam so as to replace part or the whole of technologies currently in use with more advanced ones in order to improve productivity and product quality or renovate or develop new products;

- Salaries or expenses for hiring specialists or expenses for contracting science and technology organizations at home or abroad to carry out scientific and technological activities for enterprises;

- Training science and technology workers for enterprises in accordance with the law on science and technology;

- Expenses for initiatives in accordance with regulations on initiatives;

- Expenses for science and technology cooperation with domestic and overseas organizations, individuals and enterprises: Expenses for surveys of and searches for partners and technology demands at home and abroad; expenses for joint scientific and technological researches encouraged and prioritized by the State;

- Expenses for evaluation, test, appraisal, advertising and commercialization of new products and technologies; expenses for intellectual property right registration.

View more details at Decree No. 95/2014/NĐ-CP of Vietnam’s Government, effective from December 01, 2014.

Le Hai

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