Vietnam: Performance forms of tasks under the Science and Technology Market Development Program

On November 06, 2014, the Ministry of Science and Technology of Vietnam issued Circular 32/2014/TT-BKHCN regulating the management of the Science and Technology Market Development Program by 2020.

Forms  of  Implementing  Tasks  for  the  Science  and  Technology  Market  Development  Program,  Circular  32/2014/TT-BKHCN

Vietnam: Performance forms of tasks under the Science and Technology Market Development Program (illustrative image)

Under Circular 32/2014/TT-BKHCN, the scientific and technological tasks under the Science and Technology Market Development Program in Vietnam (hereinafter referred to as tasks under the Science and Technology Market Development Program) aim to assist the following main activities: perfecting and effectively implementing policies and laws to improve the development of science and technology market; establishing and improving capacity of the network of intermediaries; developing and connecting sources of supply and sources of demand for technologies; associating or cooperating to commercialize findings on scientific research and technological development, and intellectual property to serve production and business activities; improving social awareness and training human resources to support the development of science and technology market.

The Science and Technology Market Development Program’s tasks are expressed under the following forms:

- Scientific schemes, scientific and technological topics and proposals for formulation, amendment or completion of mechanisms and/or policies for science and technology market development to improve the state management of science and technology market;

- Scientific and technological projects to strengthen the relationship between supply and demand for technology, improve the capacity of intermediaries and develop scientific and technological services;

- Activities performed to assist the commercialization of findings on scientific research and technological development, and intellectual property of students, talented young scientists, potential researcher groups or research and training institutions, consisting of:

+ Carrying out the application for registration of intellectual property over findings on scientific research and technological development, and technical solutions which may be commercialized provided that the application must be valid;

= Preparing plan for dividing income accrued from the transfer of use right or contribution by value of findings on scientific research and technological development or intellectual property provided that it must obtain approval from relevant parties.

An entity that performs activities to assist the commercialization of findings on scientific research and technological development or intellectual property and satisfies requirements mentioned in this Point may not carry out procedures for determining and organizing the implementation of tasks as prescribed in Chapter III of this Circular and may adopt direct payment method with the ONPST as regulated in the Joint Circular by Ministry of Finance and Ministry of Science and Technology providing for the Science and Technology Market Development Program’s financial management.

More details can be found in Circular 32/2014/TT-BKHCN effective from December 25, 2014.

Ty Na

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