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| Electronic product assembly at the Trung Nam EMS Factory in Da Nang High-Tech Park __Photo: VNA |
The state budget would provide financial support for organisations and individuals undertaking strategic technology tasks, based on five criteria: the objective of mastering the technology, the stage of technology development, the level of scientific and technological risk, the ability to mobilise financial resources from the non-state sector, and the commercial viability and applicability of research outcomes.
This is provided in a draft circular setting out financial mechanisms for strategic technology development tasks under the state-funded Special National Programme, recently released by the Ministry of Science and Technology.
Under the draft, state budget funding would be allocated throughout the technology development process, from research and development to testing, pilot production, technology refinement, transfer, application and product commercialisation.
The state budget would cover up to 100 per cent of the costs of state-commissioned tasks, core technology research, shared infrastructure development, and tasks involving high levels of risk or considered particularly important to the nation.
For strategic technology product development tasks carried out under funding or co-funding arrangements, the state budget could cover up to 70 per cent of total costs. The remainder would be contributed by participating organisations, enterprises or individuals through counterpart funding or other lawful sources.
Specific support levels would be determined according to the task’s objectives, stage of technology development, level of scientific and technological risks, commercial viability, and contributions of participating parties.
Organisations and enterprises responsible for implementing strategic technology tasks would be allowed to select contractors and suppliers for the purchase or hire of equipment, machinery, goods and services directly required for task implementation.
Regarding research risks, the draft stipulates that where a task involves a risk recognised as permissible under law, the organisation or enterprise responsible for its implementation would not be required to repay state budget funds properly allocated and lawfully used, even if the task fails to achieve its stated objectives.- (VLLF)
