Vietnam: Steps for final product-based fund assignment for state budget- funded scientific and technological tasks

According to the Decree No. 95/2014/NĐ-CP of Vietnam’s Government, the process and procedures for final product-based fund assignment for state budget- funded scientific and technological tasks are as follows:

- The head of the organization or the individual in charge of performing scientific and technological tasks makes a written commitment to accepting the method of fund assignment;

- The organization or individual assigned to perform scientific and technological tasks finalizes fund explanations and estimates for these tasks and sends them to a competent state agency;

- The competent state agency considers and approves fund explanations and estimates of scientific and technological tasks, which specify the tasks eligible for final product-based fund assignment; signs a contract for performance of scientific and technological tasks with the organization or individual assigned to perform these tasks; the signing of contracts for performance of national-, ministerial- and provincial-level scientific and technological tasks must comply with Clause 2, Article 27 of the Law on Science and Technology of Vietnam;

- Scientific and technological tasks eligible for final product-based fund assignment which are financed by science and technology development funds of relevant levels or competent state agencies comply with requests of organizations in charge of performing these tasks, depending on the contents, objectives, requirements and schedule of scientific and technological contracts;

- Scientific and technological tasks eligible for final product-based fund assignment shall be regarded as having been completed after a science and technology competent state agency gives written certification that the pre-acceptance test result is at least pass;

- A contract on performance of scientific and technological tasks shall be liquidated after the task performance result is certified in writing by a competent state agency in charge of science and technology and the registration of the task performance result is certified by a competent state agency in charge of registration and preservation of scientific and technological task performance results.

Moreover, the whole allocated funds shall be finalized after scientific and technological tasks are completed and the related parties liquidate scientific and technological contracts. For scientific and technological tasks performed over many years, organizations and individuals in charge of performing these tasks shall annually summarize and report on the actually received and used funds according to the budgetary year.

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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