What are the criteria for experiment projects on production of new technological products in Vietnam?

What are the criteria for experiment projects on production of new technological products in Vietnam? (Illustrative image)

Circular 06/2014/TT-BKHCN stipulates 08 criteria for experiment projects on production of new technological products in Vietnam, including:

1. There is a feasible study report, clear production, and business plan, especially ensuring the product occupies a certain proportion in the domestic and foreign markets or creates a new market;
2. There are strategies and capabilities in marketing; project management, and financial management capacities; investment plans to enhance scientific and technological capabilities, joint venture and association capacities with partners in training, research, and technology development;
3. The project execution contributes to an increase of at least 10% in the added value of the product;
4. The added value of the product must be higher than the statistical added value of similar products or product groups by the General Statistics Office (if any). In special cases, due to the requirements of projects related to epidemics, natural disasters, social security, and projects in particularly disadvantaged rural and mountainous areas, the Management Council of the Fund shall submit to the Minister of Science and Technology for decision on the minimum amounts of a value-added and additional increase in value-added for each product and service of the project;
5.  The project's quality management system must meet national standards, international standards according to each specialty;
6. Finance, mobilization, and use of capital are clear and reasonable.
7. There must be results of research conducted by the project host accepted or a declaration of commitment to cooperation in using the research results of other organizations or enterprises for experiment production.
8. The experiment production plan must be in sync with other activities of the technology innovation project.

Details can be found in Circular 06/2014/TT-BKHCN effective from June 9, 2014.

Ty Na

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