Guidance on management of state budget funds for performance of scientific and technological tasks in Vietnam

According to the Decree No. 95/2014/NĐ-CP of Vietnam’s Government, management of state budget funds for performance of scientific and technological tasks is guided as follows:

- Scientific and technological tasks shall be identified and approved regularly and continuously in a year on the basis of approved state budget estimates and other funding sources for performance of scientific and technological tasks in the planning year and subsequent years corresponding to the duration of performance of approved scientific and technological tasks.

- State budget funds for performance of scientific and technological tasks shall be allocated through science and technology development funds at all levels or level-II and level- ill budget-funded units. Directors of science and technology development funds and heads of level-II and level-III budget-funded units shall transfer funds for performance of approved scientific and technological tasks to state treasury accounts of managing agencies according to schedules stated in contracts signed by competent agencies with organizations or individuals in charge of scientific and technological tasks.

If no science and technology development fund is set up yet, heads of competent state agencies shall sign contracts for performance of scientific and technological tasks with organizations or individuals in charge of these tasks. Level-I budget-funded units of ministries, ministerial-level agencies, government-attached agencies or provincial-level Science and Technology Departments shall transfer budget estimates for performance of approved scientific and technological tasks to designated state treasury accounts of level-II and level-III budget- funded units for performance of these tasks.

- For national-level scientific and technological tasks, the Ministry of Science and Technology shall collaborate with managing agencies in examining, supervising and urging organizations and individuals in charge of scientific and technological tasks to strictly fulfill contractual commitments.

For ministerial- and provincial-level scientific and technological tasks, managing agencies shall examine, supervise and urge the fulfillment of contractual commitments.

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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