Guidelines for planning and estimation of budgets for science and technology in Vietnam

According to the Decree No. 95/2014/NĐ-CP of Vietnam’s Government, planning and estimation of budgets for science and technology are guided as follows:

- The Ministry of Science and Technology shall propose the ratio between development investment expenditures and non-business expenditures for science and technology and the ratio between central and local budget expenditures;

- Based on the guidance on state budget estimation, the Ministry of Science and Technology shall guide ministries, ministerial-level agencies, government-attached agencies and provincial-level People’s Committees in making state budget plans and estimates for science and technology in the subsequent planning year;

- Based on the capacity of the state budget, practical demands and results of use of budget allocations of ministries, ministerial-level agencies, government-attached agencies and provincial-level People’s Committees in the preceding year, the Ministry of Science and Technology shall propose plans on and estimates of state budget funds for science and technology to the Ministry of Planning and Investment and the Ministry of Finance;

- Based on the guidance of the Ministry of Science and Technology, provincial- level Science and Technology Departments shall propose their provincial-level People’s Committees to guide the making of local budget plans and estimates for science and technology; process and summarize such plans and estimates for submission to provincial- level People’s Committees.

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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