DECREE

ORGANIZATION AND OPERATION OF NATIONAL FOUNDATION FOR SCIENCE AND TECHNOLOGY DEVELOPMENT

Pursuant to the Law on Government Organization No. 63/2025/QH15;

Pursuant to the Law on Science, Technology and Innovation No. 93/2025/QH15;

At the request of the Minister of Science and Technology;

The Government promulgates Decree on organization and operation of National Foundation For Science And Technology Development.

Chapter I

GENERAL PROVISIONS

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This Decree provides for organization, functions, tasks, powers, and operations of the National Foundation for Science and Technology Development (hereinafter referred to as “the Foundation”) as stipulated in Article 64 of the Law on Science, Technology, and Innovation No. 93/2025/QH15.

Article 2. Regulated entities

This Decree applies to the Foundation, agencies, organizations, enterprises and individuals related to organization and operation of the Foundation.

Article 3. Operation objectives of the Foundation

1. Contribute to promotion of the development of science, technology and innovation to become a central driver of the new growth model, and effectively resolution of socio-economic development problems on a national, interdisciplinary, and interregional scale by way of giving donation and commissioning scientific, technological, and innovation tasks.

2. Increase national science and technology capacity; formulate foundational knowledge; contribute to mastery of some core, high, and strategic technologies; develop a workforce of talented scientists, young scientists, and strong research groups; and establish a number of reputable domestic and international centers for scientific research and technological development.

3. Design and develop model of a scientific research and technological development fund that is independent, transparent, and competitive in accordance with international standards.

Article 4. Principles of organization and operation of the Foundation

1. The organization and operation of the Foundation shall comply with the law and be consistent with the national strategy, planning and orientation towards development of science, technology, and innovation; and maintain a lean and professional organizational structure and associate powers with the accountability of collectives and individuals.

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3. State budget funding allocated to the Foundation shall be included annually in budget estimates for science, technology and innovation expenditures, based on competent authorities’ guidelines and plans, which are expected to arise and require resources for implementation. Budget allocation and funding shall be fixed amounts and a specific list of tasks must not be attached at the time of budget allocation and provision of funding. State budget funding used for donation, commissioning and support shall be inversely proportional to the level of completion of scientific research and technological development and capacity to mobilize non-budget resources. The management, use, allocation, and adjustment of funding shall comply with regulations of Article 31 and Article 32 of this Decree.

4. The Foundation shall manage donation, commissioning and support based on outputs, efficiency, and impacts; ensure harmony between incremental and low-risk research and pioneering, breakthrough and high-risk research; incur scientific and technological risks within a controlled scope; encourage creativity and innovation, respect the objectiveness and specific characteristics of science, technology, and innovation; and establish incentive mechanisms for female scientists in accordance with regulations.

5. The Foundation shall promote the application of digital technology, artificial intelligence, and supporting tools to development of planning, management, supervision, assessment and disclosure of the use of financial resources for improvement of management efficiency.

Chapter II

LEGAL STATUS, FUNCTIONS, TASKS, POWERS, AND ORGANIZATIONAL STRUCTURE OF THE FOUNDATION

Article 5. Legal status of the Foundation

1. The National Foundation for Science and Technology Development (international transaction name: National Foundation for Science and Technology Development; abbreviated as: NAFOSTED) is a public service provider affiliated to the Ministry of Science and Technology and operating on a non-profit basis in the fields of science, technology, and innovation.

2. The Foundation has juridical person, its own seal, and separate account, and is permitted to open accounts at the State Treasury and commercial banks legally operating in Vietnam in accordance with regulations of law.

Article 6. Foundation’s functions

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1. Donate and commission science, technology and innovation programs and tasks for scientific research and technological development.

2. Give support for increase in national science and technology capacity in accordance with the regulations of law.

Article 7. Tasks and powers

1. The Foundation’s tasks

a) Receive and manage financial resources:

a1) Receive, manage, and use state budget funding in accordance with regulations of law.

a2) Receive, manage and use off-budget financial resources in accordance with agreements with contributors (if any) and regulations on donation, commissioning and support, and internal regulations on the Foundation's expenditures;

b) Perform tasks that align with the Foundation’s operation objectives and functions, and give support to state management of science, technology, and innovation;

c)  Comply with reporting and accounting regulations as prescribed by law;

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dd) Manage the organizational structure, human resources, finances, and assets of the Foundation in accordance with regulations of law;

e) Settle complaints or denunciations, and implement recommendations about the Foundation’s operations as prescribed by law;

g) Comprehensively make digital transformation in governance and management of science, technology, and innovation donated, commissioned, and subsidized by the Foundation in a transparent and prompt manner; manage, operate, and access digital platforms that support science, technology, and innovation;

h) Perform other tasks as assigned, delegated and authorized by the Minister of Science and Technology.

2. The Foundation’s powers

a) Act as a task management agency to organize and develop donation, commissioning, support in alignment with the Foundation’s operation objectives and functions, and the approved budget plan, pursuant to regulations of the law on management of programs and tasks, and on provision of support for increase in national science and technology capacity;

b) Inspect, monitor and assess efficiency in and impact of performance of science and technology tasks and use of funding for such tasks and increase in capacity for national science and technology;

c) Suspend or request a competent authority to suspend donation, commissioning, support, and allocation of funding, or withdraw funding used for donation, commissioning, support and funding allocated when the organization or individual is detected that they violate the Foundation’s regulations and relevant laws;

d) Conduct research, advise, formulate, request a competent authority to issue legislative documents, strategies, plans, priority orientations, and other documents for management and development of the Foundation’s donation, commissioning and support;

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e) Apply digital technology and artificial intelligence to governance, management, and organization and development of science, technology, and innovation donated, commissioned, and subsidized by the Foundation;

g) Participate in and implement co-donation mechanisms jointly with other funds, enterprises, or organizations during performance of science, technology, and innovation tasks in accordance with regulations of law; establish a seamless donation, commissioning and support ecosystem for science, technology and innovation from central to local levels together with other science, technology and innovation development funds; cooperate with domestic and foreign organizations, individuals, and international organizations relevant to the Foundation’s operations;

h) Be entitled to negotiate, enter into cooperation agreements, and sign contracts; commission tasks; hire domestic and foreign organizations, experts, scientists, and individuals to provide advice on management, governance, and improvement of the Foundation’s operation efficiency;

i) Exercise other powers as prescribed by law.

Article 8. Organizational structure of the Foundation

1. The organizational structure of the Foundation shall consist of: the Strategic Advisory Council, the Board of Controllers, and the Executive Body.

2. The Strategic Advisory Council shall assist the Minister of Science and Technology in orienting the Foundation’s long-term strategies, policies, and priorities in accordance with regulations of law and this Decree.

3. The Board of Controllers shall assist the Minister of Science and Technology in controlling the Foundation’s operations.

4. The Minister of Science and Technology shall decide establishment and prescribe structure, organization, functions, tasks, and working methods of the Strategic Advisory Council and the Board of Controllers.

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1. The Strategic Advisory Council shall assist the Minister of Science and Technology in orienting the Foundation’s long-term strategies, policies, and priorities in accordance with regulations of law and this Decree.

2. The Strategic Advisory Council has the following tasks:

a) Give advice on orientation to the Foundation’s medium-term and long-term development strategies in alignment with national science, technology and innovation development programs, strategies, plannings and socio-economic development plans in each period;

b)  Give advice on orientation to contents prioritized for the Foundation's donation and support, based on the approved national strategy, planning, and program for development of science, technology, and innovation;

c) Give advice on reform in the Foundation’s models, tools, and methods for donation, commissioning, and support in accordance with international practices;

d) Perform other tasks as required by the Minister of Science and Technology.

3. The Strategic Advisory Council consists of 07 to 09 members, including a Chairperson, Vice Chairperson, and members who are prestigious domestic and international scientists, experienced managers, and enterprise representatives. Members of the Strategic Advisory Council shall work on a part-time basis and operate independently, objectively and honestly, thereby preventing conflicts of interest in accordance with the law. The Minister of Science and Technology shall decide the appointment and dismissal of members of the Strategic Advisory Council. The term of office of the Strategic Advisory Council shall be 05 years.

4. The Strategic Advisory Council shall work according to annual programs and plans, or at the request of the Minister of Science and Technology.

Article 10. Board of Controllers

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2. The Board of Controllers has the following tasks and powers:

a) Control compliance with the objectives and principles of organization, and operation of the Foundation in accordance with the law and this Decree;

b) Supervise and assess the conformity of the Foundation’s strategic orientation and operation priorities with its performance outcomes, based on output indicators and science, technology, and innovation impacts;

c) Supervise the maintenance of publicity, transparency, and prevention of conflicts of interest in the Foundation's operations;

d) Control the Foundation’s financial operations in conformity with the direction and principles of allocation and use of financial resources, especially assessment of the conformity of the Foundation's performance outcomes and use of resources with the defined objectives and strategic orientation;

dd) Perform other tasks as required by the Minister of Science and Technology.

3. The Board of Controllers consists of 03 to 05 members, including the Head and members who are experts and managers having experience in finance, legal affairs, and science management, and established under the decision of the Minister of Science and Technology. The term of office of the Board of Controllers shall be 05 years.

4. Members of the Board of Controllers shall work on a part-time basis, operate independently and objectively, be personally responsible for their professional opinions, comply with regulations on prevention of conflicts of interest and information confidentiality, and only use collected information for inspection and supervision purposes.

5. The Board of Controllers shall be responsible for cooperating with inspection agencies, audit agencies, and other competent authorities as requested, and without any overlap or duplication in control.

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1. The Executive Body of the Foundation consists of the Director, Deputy Directors, and professional and operational units.

2. The Director of the Foundation is appointed and dismissed by the Minister of Science and Technology in accordance with the law; and shall act as the legal representative of the Foundation. The Director of the Foundation has the following tasks and powers:

a) Organize and develop donation, commissioning and support, and manage the Foundation's operations in accordance with the law and this Decree;

b) Establish science and technology councils, funding appraisal teams, expert teams, assessment delegations, and other advisory and professional support councils to provide advice, handle financial risks, conduct assessments during the development, and assess impacts after completion of donation and commissioning of science and technology tasks and support for increase in national science and technology capacity, and other operations in accordance with the law and the operation regulations of the Foundation;

c) Decide donation and commissioning of science and technology tasks; and give support for increase in national science and technology capacity;

d) Sign and organize the execution of contracts for assignment of science and technology tasks and support for increase in national science and technology capacity in accordance with the law;

dd) Sign and organize the execution of domestic and international cooperation agreements and documents of the Ministry of Science and Technology under its jurisdiction as assigned by the Minister of Science and Technology to serve as a basis for issuance of the donation and commissioning plan notification as prescribed in clause 4, Article 10 of the Government's Decree No. 267/2025/ND-CP dated October 14, 2025 on elaboration on some articles of the Law on Science, Technology and Innovation regarding science, technology and innovation programs and tasks; and some regulations on promotion of scientific research, technology development and innovation activities (hereinafter referred to as “Decree No. 267/2025/ND-CP”), this Decree, and development of the Foundation’s donation, commissioning and support in accordance with the law;

e) Issue operation regulations and other documents serving the Foundation's operations under its jurisdiction;

g) Approve tasks and estimates of funding for recurrent expenditures under its jurisdiction; decide adjustments to the financial plan within the assigned state budget estimate; and allocate and adjust funding in accordance with Article 32 of this Decree;

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i) Perform other tasks and exercise other powers as assigned/authorized by the Minister of Science and Technology according to regulations of law.

3. Deputy Directors of the Foundation shall be appointed and dismissed under the decision of the Minister of Science and Technology, based on the proposal of the Foundation's Director. Deputy Directors shall assist the Director in managing specific fields of work as assigned and shall be responsible to the Director and the law for their assigned tasks.

4. Professional and operational units of the Foundation shall act as assistance apparatus for the Foundation's Director and they are structured on the principles of simplification and professional operation in conformity with the functions and tasks of the Foundation. The organizational structure of the Foundation's Executive Body shall be prescribed by the Minister of Science and Technology.

5. If necessary, the Director of the Foundation shall be entitled to sign cooperation contracts and agreements; commission tasks; and hire domestic and international organizations, experts, scientists, and individuals to provide advice on management, governance, and improvement of efficiency in the Foundation’s operations.

Chapter III

DONATION AND COMMISSIONING OF SCIENCE AND TECHNOLOGY TASKS

Article 12. Donation and commissioning of science and technology tasks

1. The Foundation shall donate and commission tasks, cluster of, or chain of science, technology, and innovation tasks from basic research to trial production, using an equipment system and technological line in order to refine and stabilize technologies and products prior to mass production (hereinafter referred to as “science and technology tasks”), including:

a) Science and technology tasks included in national science, technology, and innovation programs;

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c) Science and technology tasks not included in national science, technology, and innovation programs specified in points a and b of this clause;

d) Special science and technology tasks; science and technology tasks for the development of strategic, high, core, and digital technologies; and other tasks of which donation and commissioning assigned by the Government or the Ministry of Science and Technology other than those specified in points a, b, and c of this clause.

2. The Foundation shall organize donation and commissioning of science and technology tasks specified in clause 1 of this Article in accordance with the Decree No. 267/2025/ND-CP and this Decree.

3. Applicants for performance of science and technology tasks are entitled to receive assessment results and brief feedback from reviewers and the science and technology council regarding their applications. The provision of information must make sure that identities of independent reviewers and council members are kept confidential, scientific assessment are independent and scientific assessment results are not changed.

Article 13. Co-donation/commissioning of science and technology tasks under the Triple Helix model (the State - Enterprise - science and technology organization)

1. The Foundation shall participate in donation to and commissioning of organizations, enterprises, and science and technology organizations to perform science and technology tasks under the Triple Helix model, in accordance with the law on science, technology, and innovation.

2. Co-donation/commissioning shall be based on the stages of scientific research and technological development, or the risk levels of the tasks.

3. Co-donation/commissioning refers to joint contribution of resources by two or more parties, in conformity with each party's strengths, to donate and commission tasks, cluster of tasks, or chain of science and technology tasks on the basis of sharing responsibilities, benefits, and risks. Types of resources used for co-donation/commissioning include finances, human, assets, technology, and other resources contributing directly to the performance of the tasks;

4. Co-donation shall be made on a voluntary and equal basis, and ensure that responsibilities, benefits, and risks are shared among all participants according to the Foundation's objectives and operation scope, and the law.

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6. The Minister of Science and Technology shall elaborate conditions, criteria, procedures for co-donation/commissioning of tasks, and management, use, and final accounts of funding for co-donation prescribed in this Article.

Article 14. Outcome-based donation and commissioning

1. The Foundation shall consider output-based donation and commissioning of tasks that have clearly defined objectives and products linked to application, commercialization, or technology mastery, based on risk-sharing between the State and the organization/enterprise participating in performance of tasks.

2. Outcome-based donation and commissioning shall adhere to the following principles:

a) The organization/enterprise presiding over or cooperating in the performance of tasks shall advance their own funding to perform the tasks in accordance with the contracts signed with the Foundation;

b) The Foundation shall grant a part or the whole of funding for performance when the performance of tasks achieves outcomes and produces products as committed in the contract signed with the Foundation;

c) Funding for donation/commissioning shall be associated with the level of achievement in outcomes, products, and expected impacts; any costs, losses or risks not associated to the outcomes will not be covered such funding.

3. Funding for co-donation/commissioning; conditions and methods for verification of outcomes; time and methods of payment; and other related contents shall be specified in the contract between the Foundation and the organization/enterprise performing tasks in conformity with the objectives, nature, scale, and level of risk to the tasks.

4. In case the performance of tasks fail to achieve the outcomes and produces products as committed in the contract, the Foundation is not responsible for granting the funding for performance; the organization/enterprise shall bear sole responsibility for their advances, unless otherwise agreed upon in the contract in accordance with the law.

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6. The Minister of Science and Technology shall elaborate conditions, criteria, procedures for donation/commissioning of tasks specified in this Article.

Article 15. Science and technology council

1. The science and technology council shall provide advice and assess consideration of donation and commissioning of science and technology tasks in accordance with clause 4, Article 12 of the Decree No. 267/2025/ND-CP, and provide advice on other matters serving the Foundation’s donation, commissioning and support.

2. The science and technology council shall operate in a manner which is independent, objective, and honest, ensures academic autonomy, keeps information confidential, and prevents conflicts of interest; take responsibility to the law, the Minister of Science and Technology, and the Director of the Foundation for the objectivity, honesty, compliance with the law, and professional ethics regarding its scientific advisory opinions. The science and technology council shall operate in accordance with regulations issued by the Director of the Foundation.

3. The science and technology council consists of a Chairperson, Vice Chairperson, and Members who are reputable scientists and experts having expertise appropriate to the fields and research direction as assessed; and a multidisciplinary and interdisciplinary structure shall be maintained. Members of the science and technology council may include Vietnamese scientists and experts, overseas Vietnamese, or foreigners.

4. The Director of the Foundation shall decide the establishment and dissolution of the science and technology council; the list of members, terms, or operation duration based on the nature, scope, and requirements of each science and technology program, task or activity aimed at increasing national science and technology capacity.

5. The science and technology council shall operate on a part-time basis; its conclusions and recommendations shall serve as the basis for the Director of the Foundation to consider making decision within its jurisdiction.

6. The science and technology council’s operation funding shall be covered by the Foundation’s operation funding in accordance with the law.

Chapter IV

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Article 16. Support for increase in national science and technology capacity

1. The Foundation shall give support for increase in national science and technology capacity, including:

a) Operations specified in point a thru point m clause 1 Article 42 of the Decree No. 267/2025/ND-CP;

b) Training and increase in capacity for research;

c) Support for establishment and development of technological infrastructure serving the development of high technology, strategic technology, and core technology;

d)  Technology verification support;

dd) Honor and reward provided for organizations, collectives, and individuals having outstanding achievements in scientific research, technological development, and innovation;

e) Support for increase in national science and technology capacity in other cases as prescribed by the Government.

2. Support, conditions, and criteria for consideration of support for the operations specified in point a, clause 1 of this Article shall comply with regulations in Article 43 thru Article 54 of the Decree No. 267/2025/ND-CP.

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Article 17.  Training and increase in capacity for research

1. The Foundation shall give support for organization of training and increase in capacity for research aimed at improving scientific research proficiency, promoting academic exchange, and developing high-quality science and technology human resources

2. The support shall be given to one or some operations as follows:

a) Organizing courses on training, and increase in capacity for research;

b) Organizing short-term training programs for advanced science and technology with the priority given to STEM (science, technology, engineering, and mathematics) fields;

c) Inviting reputable domestic and international scientists and experts to participate in teaching, academic exchange, and research guidance;

d) Giving financial support for organization, academic materials, and other necessary expenses serving provision of training;

dd) Giving financial support for participation in the demonstration, introduction, and connection for technology development at international science, technology, and innovation events.

3. Entities eligible for support include science and technology organizations, higher education institutions, research institutes, enterprises, and other organizations in charge of training and increase in capacity for research.

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Article 18. Support for establishment and development of technological infrastructure serving the development of high technology, strategic technology, and core technology

1. The Foundation shall give support for establishment and development of technological infrastructure, including: upgradation, sharing and connection of key laboratories, research and testing centers, science and technology databases, digital platforms, and systems for standards, measurement, testing and inspection, directly serving the performance of clusters of science and technology tasks donated or commissioned by the Foundation; the priority shall be given to high-tech, strategic technology, and core technology fields.

2. Entities eligible for the Foundation’s support include public science and technology organizations, and public service providers assigned to preside over science and technology tasks donated or commissioned by the Foundation.

3. Conditions for support:

a) Propose plans for establishment and development of technological infrastructure, including: upgradation, sharing and connection of key laboratories, research and testing centers, science and technology databases, digital platforms, and systems for standards, measurement, testing and inspection, in conformity with science and technology development priority orientations;

b) Be associated with the practical needs of science and technology programs and clusters of science and technology tasks with priority given to high-tech, strategic, and core technology fields;

c) Have plans for efficient and long-term access and use and avoidance of duplication;

d) Connect, share and commonly use technology infrastructure.

4. The support is given to one or some operations as follows:

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b) Establishing, developing, and interconnecting science and technology databases and digital platforms serving technological development, research and innovation;

c) Giving support for establishment and upgradation of standards, measurement, testing, and inspection systems to serve research, development, mastery, and commercialization of technology;

d) Promoting sharing, access, and common use of technological infrastructure among science and technology organizations, higher education institutions, enterprises, and relevant entities;

dd) Giving financial support for lease and use of services and equipment at key laboratories, technology research and development centers, and innovation centers.

e) Procuring equipment and machinery for applied research, technology development, and innovation

5. The Minister of Science and Technology shall elaborate this Article.

Article 19. Technology verification support

1. The Foundation shall give support for verification of technologies derived from scientific and technological research outcomes; inventions, technical solutions, technology prototypes, or transferred technologies to be verified under Vietnamese conditions in order to assess scientific and technical feasibility, complete verification data, and meet technology readiness requirements for the technology transfer or refinement stage.

2. The support is given to:

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b) Assessment of the feasibility and applicability of technology;

c) Completion of technology verification data and prototypes;

d) Determination of the technology readiness level after verification and proposal for development directions;

dd) Other technology verification supports if necessary.

3. Conditions for support:

a) Technologies fall within the scope stipulated in clause 1 of this Article;

b) Technologies have not yet achieved the appropriate technology readiness level to be transferred to the technology transfer or refinement stage;

c) A verification plan that clearly defines objectives, contents, testing environments, data plans, and assessment criteria shall be made.

4. Criteria for support:

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b) Current level of development and potential for increase in the technology readiness level after verification;

c) Applicability and development conditions;

d) Implementation organization capacity, testing environment, and the expected efficiency in the support;

dd) Commercialization potential, technology readiness level, and the ability to attract social resources for the next stage.

5. The Minister of Science and Technology shall elaborate this Article.

Article 20. Honor and reward provided for organizations, collectives, and individuals engaged in science, technology and innovation

1. The Foundation shall honor and reward organizations, collectives, and individuals engaged in science, technology, and innovation in accordance with the law to recognize and honor outstanding achievements and practical contributions to national science, technology and innovation development

2. Entities eligible for honor and reward include domestic organizations, collectives, and individuals, overseas Vietnamese, who have one of the following achievements:

a) Outstanding achievements in scientific research, technological development and innovation, producing outcomes of high scientific and practical value that are recognized by the scientific community, society, or competent authorities;

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c) Outstanding contributions to transfer and application of scientific and technological research outcomes into practice, thereby contributing to increase in productivity, quality, efficiency, and competitiveness of the economy.

3. The Foundation’s honor and reward must adhere to the principles as follows:

a) Be public, transparent, objective, and based on clear assessment criteria and processes;

b) Be associated with outcomes, efficiency, and impact of scientific, technological, and innovation achievements;

c) Avoid overlaps with forms of reward already provided, using state budget in accordance with the law on emulation and commendation, unless otherwise provided by law.

4. The Minister of Science and Technology shall elaborate forms of honor and reward; funding sources; criteria and conditions; reward structures, rewards, cycles, and time for provision of rewards; jurisdiction and procedures for assessment and decisions on honor and reward in accordance with regulations of law.

Article 21. Digital systems serving management of science, technology and innovation

1. The Foundation shall establish and operate digital systems serving management of science, technology and innovation, including:

a) An online system for management of science, technology and innovation tasks, which constitutes a component of the national digital science, technology, and innovation management platform to serve state management; maintains connection and sharing of data and interconnection of information with relevant science and technology task management agencies and science, technology and innovation development funds in accordance with the law;

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c) Global networks of Vietnamese science and technology experts.

2. The Minister of Science and Technology shall elaborate this Article.

Chapter V

INTERNATIONAL COOPERATION AND INTEGRATION

Article 22. International cooperation and integration principles

1. Directly serving donation, commissioning, and support for science and technology tasks; and contributing to improvement of the quality of scientific research, development of high technologies and strategic technologies, and increase in national scientific and technological capacity.

2. Being based on the principles of equality, mutual benefit, and respect for Vietnamese law and relevant international treaties; and consistent with the national strategy, planning, and program for development of science, technology, and innovation, and the Foundation’s donation orientation.

Article 23. Donation, commissioning of science and technology tasks, support for increase in national scientific and technological capacity within the international cooperation framework

1. The Foundation shall donate and commission science and technology tasks; give support for increase in national scientific and technological capacity within the framework of international cooperation through bilateral and multilateral mechanisms.

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3. The notification of donation and commissioning of tasks within the framework of international cooperation must clearly state the exchanged and negotiated contents agreed upon between the Ministry of Science and Technology and foreign partners in accordance with clause 4, Article 10 of the Decree No. 267/2025/ND-CP and/or the exchanged and negotiated contents agreed upon between the Foundation and foreign partners.

Article 24. International integration

1. Participating in, establishing, or co-founding international networks of science and technology research donation agencies.

2. Establishing and participating in mutual recognition mechanisms for assessment processes, reviewers, and scientific standards.

3.  Organizing or cooperating in organization of international scientific forums.

4. Exchanging information and sharing data and experience in management of donation to scientific and technological research; accessing, applying, and piloting donation models and tools in accordance with international standards.

5. Providing training in increase in capacity for management of science and technology tasks according to international standards.

6. Giving support to Vietnamese scientists, scientific experts, research groups, organizations, and enterprises engaged in international research networks, joint research programs, international research groups, and bilateral and multilateral cooperation projects.

7. Enabling foreign scientists and scientific experts to participate in research, academic exchanges, and research cooperation in Vietnam in accordance with the law.

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Article 25. Contribution to joint research funds with countries and international organizations

1. The Foundation shall contribute funding to joint research funds with countries and international organizations to donate and commission scientific and technological tasks within the framework of international cooperation, in accordance with Article 41 of the Decree No. 267/2025/ND-CP, on the basis of:

a) Conformity with the national strategy, planning, and program for development of science, technology, and innovation, and the Foundation’s priority orientation;

b) Compliance with principles of equality, mutual benefit, and sharing of responsibilities, benefits, and risks among the participants;

c) Compliance with regulations of Vietnamese law, relevant international treaties, and the regulations issued by the partners;

d) Assurance of publicity, transparency, efficiency, and accountability for management and use of funding.

2. The Foundation shall contribute funding to joint research funds by one or some methods as follows:

a) Direct contributions from the allocated state budget funding and other lawful financial sources of the Foundation;

b) Contributions made on a program-by-program or task-by-task basis, or according to notification of plans for joint donation and commissioning with the partners;

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d) Other lawful methods as agreed with the partners and regulations of law.

3. The Foundation shall consider deciding to contribute funding to joint research funds when the following conditions are met:

a) Having a cooperation agreement, an international treaty, or a legal document on cooperation between the Foundation and the partner;

b) Each joint research fund's objectives and scope must be consistent with the functions and tasks of the Foundation;

c) Having a clear and transparent mechanism for management and use of funding specific regulations on selection, assessment, supervision, and acceptance of tasks;

d) Formulating regulations on allocation of intellectual property rights, and the rights to use research outcomes;

dd) Maintaining the ability to track and assess the efficiency in use of resources and the impacts of cooperation.

4. The Minister of Science and Technology shall elaborate criteria for selection of partners, participation procedures, mechanisms for financial management, supervision, assessment, and other contents relevant to contributions to joint research funds with countries and international organizations.

Chapter VI

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Article 26. Risk management responsibilities of organizations and individuals performing science and technology tasks donated and commissioned by the Foundation

Organizations presiding over and individuals performing science and technology tasks donated and commissioned by the Foundation shall be responsible for managing risks as specified in Articles 37 and 38 of the Decree No. 267/2025/ND-CP.

Article 27. Risk management by the Foundation

1. The Foundation shall classify science and technology tasks by the risk level based on the criteria specified in clause 1, Article 39 of the Decree No. 267/2025/ND-CP. The science and technology council is responsible for considering and classifying tasks by the risk levels during the process of assessment of donation/commissioning of tasks.

2. Regarding task clusters and programs, the Foundation shall perform portfolio-based risk management. The risk level assessment shall be conducted by combining each component task with the task cluster or program, to serve as the basis for decision on donation, commissioning and allocation of funding.

3. The Foundation shall manage risks according to each task development stage through outcomes; the assessment, control and mitigation of risks shall correspond to each outcome, serving as the basis for decision on continuation, adjustment, or termination of the task.

4. The Foundation shall determine the assessment frequency during the term corresponding to the risk level of the task.

5. During the performance of science and technology tasks, when receiving a report on any arising risk from the organization presiding over and the individual performing science and technology task donated or commissioned by the Foundation, the Foundation shall implement risk management measures. To be specific:

a) Within 15 days from the date of receipt of the report, organize an ad-hoc inspection and assessment of the science and technology task to consider the capability to respond to and remedy the consequences, and to determine the cause, content, and impact of the risk;

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c) Handle funding in accordance with regulations of Article 11 of the Decree No. 265/2025/ND-CP dated October 14, 2025 (hereinafter referred to as “Decree No. 265/2025/ND-CP”);"

d) Fulfill the responsibilities prescribed in clause 8 of this Article.

6. A dossier for determination of acceptable risks during the performance of science and technology tasks donated or commissioned by the Foundation shall include:

a) A report on arising risk, prepared by the organization presiding over or the individual performing science and technology task donated or commissioned and the implemented response measures, enclosed with proving documents;

b) Advisory opinions from the science and technology council and independent consultants;

c) Results of inspection and assessment by the Foundation.

7. The determination of compliance with procedures and acceptance of risks shall be prescribed as follows:

a) The determination of whether the organization presiding over and the individual performing tasks have fully complied with task management regulations, technical procedures, research contents, and risk prevention measures shall be carried out through the professional assessment by the science and technology council or relevant independent experts.

b) Results of the assessment by the council or independent experts must be made into a record, clearly stating:

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b2) Objective factors and unforeseen risks arising during the determination process;

b3) Conclusion of the failure to achieve objectives (if any) due to acceptable or unacceptable risk factors as prescribed in Article 35 and Article 36 of the Decree No. 267/2025/ND-CP;

c) Record of the assessment by the council or independent experts serves as a basis for the Foundation’s consideration:

c1) Decision on continuation, adjustment, or termination of the task;

c2) Risk acceptance consideration as prescribed by law;

c3) Determination of responsibilities of relevant organizations and individuals.

d) On the basis of the conclusion made by the council or independent experts regarding the full compliance with task management regulations, procedures, research contents, and risk prevention measures by the organization presiding over and the individual performing tasks, the Foundation shall consider making a final conclusion of acceptance of the risk and liability, or request a competent authority to make decision in accordance with the law.

8. Legal liability, accountability, and handling of violations are prescribed as follows

a) The acceptance of risks to scientific research, technological development, and innovation shall comply with regulations of clause 3, Article 9 of the Law on Science, Technology, and Innovation No. 93/2025/QH15;

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c) The risk acceptance does not exempt the organization/individual from their liability in case of the violation specified in point b of this clause.

Chapter VII

FINANCIAL REGULATIONS

Article 28. The Foundation’s funding sources

1. State budget:

a) State budget funding allocated to the Foundation shall be included in the annual national science, technology, and innovation expenditure estimate, and shall not be associated with a specific task portfolio; the Ministry of Finance shall allocate such funding by the order for payment to the Foundation’s deposit accounts opened at the State Treasury to cover expenditures on donation, commissioning, and support for increase in national science and technology capacity in accordance with the Foundation’s functions prescribed in Article 6 of this Decree.

This funding shall be allocated up to 03 times per year. Funding initially allocated, based on the funding proposed by the Foundation and approved by the Ministry of Science and Technology, shall be equal to at least 50% of total funding prescribed in sub-item c1 or c2, point c, clause 2, Article 30 of this Decree, and such funding shall be allocated before December 31 of the year preceding the budget year. Subsequent funding allocations shall be made on the basis of the Foundation’s proposal and approved by the Ministry of Science and Technology according to the progress in disbursement of the allocated funding and the disbursement plan for the subsequent period. The funding shall be finally allocated before September 1 of each year, except where additional budget estimates are given to the Foundation;

b) The Foundation’s management funding shall be 05% to 07% of the annually estimated total funding for donation, commissioning and support prescribed in points a and b, clause 3, Article 30 of this Decree, and shall be determined using the partially progressive method. To be specific:

Regarding total funding for donation, commissioning and support which is up to VND 3.000 billion/year: the management funding shall be 07% thereof;

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Regarding total funding for donation, commissioning and support which is over VND 5.000 billion/year: the management funding shall be 05% thereof;

The management funding shall be allocated by the state budget at a rate corresponding to total annually estimated funding for donation, commissioning, and support approved by the competent authority as prescribed in sub-item c1, point c, clause 2, Article 30 of this Decree, or as notified by the Ministry of Science and Technology as prescribed in sub-item c2, point c, clause 2, Article 30 of this Decree before January 15 of each year. In case the management funding determined in accordance with regulations of this point is insufficient to cover the Foundation’s operation expenditures (salaries based on the actual number of permanent staff and employees present, apparatus operation expenditures as prescribed, and actual task management expenditures) due to a low total state budget allocation for donation, commissioning, and support during the year, state budget shall allocate sufficient funding for the Foundation to cover such expenditures;

c) Funding for the performance of tasks and operations not covered by the funding prescribed in points a and b of this clause shall be allocated by the competent authority after such tasks and operations are approved in accordance with the law on the state budget.

2. Non-state budget sources:

a) Voluntary contributions, donations, and gifts in cash, in kind, assets, or other lawful forms from domestic and foreign organizations and individuals;

b) Revenues from cooperation, joint-venture, and co-donation under agreements consistent with the functions and tasks of the Foundation;

c) Deposit interest and other lawful revenues in accordance with regulations;

d) Non-state budget sources received in cash and transferred into the Foundation’s accounts opened at commercial banks. The Foundation is responsible for receiving, managing, accounting for, and using funding resources for the right purposes and subjects effectively, publicly and transparently according to the law.

Article 29. The Foundation’s expenditures

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2. Expenditures on support for increase in national scientific and technological capacity according to regulations in clause 1 Article 16 of this Decree.

3. Expenditures on management and other operations, including

a) Expenditures specified in clauses 10, 11, 12, 13, 14, 15, 16, 17, 18, 19 Article 6 of the Decree No. 265/2025/ND-CP;

b) Expenditures on seminars, training, increase in professional capacity, and updating of international practices in donation, supporting, commissioning, and management of science and technology;

c) Expenditures on search, connection, and establishment of cooperation in basic research, applied research, technology development, and social solutions among domestic and international organizations and individuals;

d) Expenditures on provision of honor and reward for organizations, collectives, and individuals engaged in scientific research, technology development, and innovation;

dd) Expenditures on establishment and operation of an online system for management of science, technology and innovation serving state management;

e) Expenditures on establishment and operation of science, technology, innovation, and digital transformation initiative portal, serving receipt, assessment, classification, connection, and support for initiatives; expenditures on organization of science and technology councils for receipt, assessment, classification, and selection of initiatives on the science, technology, innovation, and digital transformation initiative portal;

g) Expenditures on development and management of the network of science and technology experts, and organization of connection with science and technology experts.

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i) Expenditures on participation in, connection, and exchange of experiences with domestic and international donation agency and science and technology organization networks and funds as prescribed; membership fees, participation fees, and related expenses serving international cooperation and co-donation by the Foundation in accordance with regulations of law;

k) Expenditures on research and formulation of draft legislative documents, strategies, plans, priority orientations, and other documents serving management and development of donation, commissioning, and support by the Foundation;

l) Expenditures on operations conducted by the strategic advisory council and the Board of Controllers to be included in the Foundation’s management expenses, including:

l1) Expenditures on remuneration paid to the strategic advisory council and the Board of Controllers;

l2) Expenditures on organization of meetings, conferences, seminars, workshops, outbound delegations, domestic business trips, and preparation of reports on provision of advice on performance of the functions of the strategic advisory council and the Board of Controllers;

l3) Other expenditures serving the operations conducted by the strategic advisory council and the Board of Controllers in accordance with regulations of law.

m) Expenditures on hiring independent audits to audit management, use of funding, and financial efficiency of the Foundation;

n) Expenditures on supervision and assessment of operations conducted by the Foundation; 

o) Other expenditures serving performance functions and tasks of the Foundation as prescribed by the law.

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Article 30. Formulation and approval of financial plans and state budget estimates for the operations conducted by the Foundation

1. Principles of formulation of financial plans

a) The Foundation’s annual financial plans shall be formulated based on the science, technology, and innovation development strategy; the 5-year master plan on science, technology, and innovation; and priority orientations approved by the competent authority;

b) The financial plan shall be formulated on the basis of total funding and funding allocated by each field, including funding for ongoing tasks and new tasks in the planning year; management funding, and funding for performance of other tasks and operations approved by the competent authority

2. Procedures for formulation, inclusion and approval of financial plans and allocation of state budget estimates

a) Annually, the Fund shall formulate financial plans and state budget estimates prescribed in clause 3 of this Article and submit them to the Ministry of Science and Technology in accordance with the law on state budget.

b) The Ministry of Science and Technology shall preside over inclusion of the Foundation’s financial plans and state budget estimates into budget estimates prepared by the Ministry of Science and Technology, and submit them to the Ministry of Finance for consolidation in accordance with the law on state budget;

c) Based on the Prime Minister's Decision on allocation of estimates, within the scope of assigned functions and tasks, the Ministry of Science and Technology shall:

c1) Approve state budget estimates on the operations conducted the Foundation in case total state budget estimate allocated for the Foundation remains unchanged compared to the plan formulated by the Foundation as prescribed in point a of this clause;

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3. Preparation of state budget estimates for the operations conducted by the Foundation

a) The preparation of funding estimates for science and technology tasks shall comply with regulations of point a, clause 2, Article 7 of the Decree No. 265/2025/ND-CP and/or policies and plans issued by competent authorities when such tasks are expected to arise and require allocation of resources for performance. The average annual funding for science and technology tasks shall be determined as follows:

a1) For the first year without historical data, the average funding shall be determined based on the Foundation’s expected plan; for the second year, on the basis of data of 01 immediately preceding year, the average funding shall be determined based on the actual data of that year and adjusted according to the Foundation’s expected plan; for the third year, on the basis of data of 02 immediately preceding years, the average funding shall be determined based on the average data of such 02 years and adjusted according to the Foundation’s expected plan.

a2) From the fourth year onwards, the average funding for science and technology tasks shall comply with regulations of sub-point a3, point a, clause 2, Article 7 of the Decree No. 265/2025/ND-CP;

b) The annual state budget estimate for support for increase in national science and technology capacity shall be prepared based on the expected number of tasks related to support for increase in national science and technology capacity, in conformity with development priority orientations and policies issued by the State and/or policies and plans issued by competent authorities when such tasks are expected to arise and require allocation of resources for performance;

c) Estimates of funding for management of the Foundation’s operation, including management funding prescribed in points a and b, clause 10, Article 6 of the Decree No. 265/2025/ND-CP and funding serving directly management and performance of the Foundation’s functions prescribed in Article 6 of this Decree, shall be prepared annually based on total funding for donation, commissioning, and support expected to be allocated from state budget during the year and the management funding ratio prescribed in point b, clause 1, Article 28 of this Decree;

d) The preparation of estimates for other tasks and operations conducted by the Foundation shall comply with the Decree No. 265/2025/ND-CP.

Article 31. Management and use of state budget funding for performance of science and technology tasks and support for increase in capacity for national science and technology

1. Enterprises, organizations and individuals eligible for the Foundation’s donation, commissioning and support shall comply with regulations in points b, d and dd clause 1 Article 17 of the Decree No. 265/2025/ND-CP.

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a) The Foundation shall allocate funding for science and technology tasks prescribed in Article 12 of this Decree in accordance with clause 4, Article 10 of the Decree No. 265/2025/ND-CP. In case of progress-based allocation, the funding allocation shall be associated with the performance periods as specified in the task assignment contract;

b) Funding for support for increase in national science and technology capacity prescribed in Article 16 of this Decree shall be transferred in a lump sum or based on the task performance progress.

3. Final accounts of funding from state budget

a) The Foundation shall prepare a report on financial accounts of funding to monitor the receipt, management, use, and financial accounts of funding for the performance of science and technology tasks and support for increase in national science and technology capacity in accordance with the law on state budget, accounting law, and relevant laws.

b) The Foundation shall make financial accounts of funding from state budget allocated by the payment order to perform the Foundation’s tasks prescribed in clause 1, Article 28 of this Decree, on the basis of funding for actual expenditures allocated by the Ministry of Finance by the order for payment to the deposit accounts of the Foundation’s sub-funds at State Treasury during the budget year.

4. Final accounts of funding allocated for enterprises, organizations and individuals eligible for the Foundation’s donation and commissioning of science and technology tasks shall be made according to sub-points c1, c2, c3, c4 point c clause 1 and point b clause 2 Article 17 of the Decree No. 265/2025/ND-CP.

5. A dossier on financial accounts of funding allocated to the enterprise/organization/individual receiving the Foundation’s support for increase in national science and technology capacity includes a support approval decision; support contract; support assessment results upon completion; contract termination record; and written financial accounts of funding for support.

6. The Foundation shall:

a) Comply with regulations in points a, b, d and dd clause 2 Article 17 of the Decree No. 265/2025/ND-CP;

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7. The Minister of Science and Technology shall elaborate this Article.

Article 32. Allocation and adjustment to the Foundation’s funding

1. The Foundation shall allocate, adjust and use state budget funding according to estimates assigned by competent authorities and in a manner that is:

a) Consistent with regulations of the law on state budget and relevant laws;

b) Appropriate to the Foundation’s objectives, priority orientations, and operation plans that have been approved.

c) Associated with task performance outcomes, products, progress, and funding use efficiency;

d) Public, transparent, efficient, and accountable.

2. The Director of Foundation shall decide to allocate funding to each science and technology task on the basis of:

a) Total state budget funding allocated;

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c) Results of selection, direct assignment, and commissioning of tasks in compliance with regulations of law.

3.  Adjustment to funding during the performance:

a) The Director of Foundation shall proactively adjust funding allocated to tasks according to total state budget expenditure estimate as assigned on the basis of: task performance assessment results; performance progress and disbursement capacity; expected efficiency and achievement in objectives and priority orientations; and practical requirements for performance of tasks;

b) The adjustments specified in point a of this clause must not alter total state budget funding assigned by the competent authority; not distort the approved objectives and priority orientations; and comply with regulations on state budget and other relevant laws;

c) In case of adjustments against regulations specified in points a and b of this clause, the Foundation shall be responsible for reporting to competent authorities for consideration and decision in accordance with regulations.

4. Allocation of funding for arising tasks and prioritized tasks

a) According to the assigned estimate, the Foundation shall proactively allocate funding for performance of

a1) arising tasks according to practical requirements;

a2) potential tasks and breakthrough tasks;

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b) The allocation of funding specified in this clause shall

b1) Be appropriate to the Foundation’s objectives and priority orientations that have been approved;

b2) Be efficient and accountable and fulfill the right purposes.

5. Outcome and result-based management

The allocation and adjustment of funding shall adhere to the principle of management based on overall outcomes of donation, commissioning, and support, and optimize state budget use efficiency. Task assessment results shall serve as the basis for:

a) Adjustment to funding during the performance;

b) Decision on continuation, increase in the number of, or termination of the tasks;

c) Prioritized allocation of funding for the subsequent years.

6. Public disclosure, report and inspection and supervision

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a1) Publicly disclose allocation and adjustment to funding as prescribed by law;

a2) Report on allocation, adjustment, and use of funding as required by the superior management agency and financial authority;

a3) Provide information serving inspection and audit in accordance with regulations.

b) The allocation and adjustment of funding shall adhere to the principle of post-audit management, associated with task performance outcomes and accountability.

Article 33. Receipt, management and use of non-state budget funding

1. Methods of receiving funding

a) Regarding lawful voluntary contributions, donations, and gifts in cash, donors shall make bank transfers or cash deposits into the Foundation’s account opened at a commercial bank in accordance with regulations;

b) Lawful voluntary contributions, donations, and gifts in kind, assets, or other forms, the receipt shall be received based on a written agreement between the Foundation and the donor; the agreement must specify purposes, scope, and conditions for receipt, management, and use.

2. Jurisdiction to approve and sign receipt

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The receipt and use of foreign aid shall comply with the Government's Decree No. 242/2025/ND-CP dated September 10, 2025, and the Government's Decree No. 313/2025/ND-CP dated December 08, 2025.

b) The Director of Foundation shall decide the approval of receipt of voluntary contributions, donations, and gifts from domestic organizations and individuals. In case they do not meet the receipt conditions, the Foundation shall be responsible for notifying the donor of non-receipt;

c) The Foundation shall be responsible for presiding over and cooperating in preparation of dossiers and documents on receipt of voluntary contributions, donations, and gifts from domestic and foreign organizations and individuals in a manner that meets schedule and maintains quality and contents in accordance with regulations;

d) The Director of Foundation shall sign documents and agreements on receipt of voluntary contributions, donations, and gifts with donors within their assigned jurisdiction and according to regulations of law.

3. Principles of receipt, accounting and management of non-state budget funding

a) The Foundation shall be responsible for organizing receipt, management, and use of non-state budget funding sources for the right purposes and targeted beneficiaries, in conformity with the Foundation’s functions and tasks, and in a manner that is efficient and complies with relevant laws;

b) All non-state budget funding shall be accounted for and tracked separately, and fully and promptly reflected in the accounting book, financial statements and annual final account reports of the Foundation according to the law on accounting;

c) When receiving in-kind contributions, assets or valuable services, they shall be properly valued, recorded, managed and used for the intended purposes, meeting the conditions for donation and gift or as agreed upon.

4. Principles of use of non-state budget funding;

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b) Expenditures covered by non-state budget funding shall comply with internal expense regulations, be public, transparent, economical and efficient, and be inspected, supervised and audited as prescribed by law; and regulations on norms, standards and expenditures applicable to state budget shall not apply, unless otherwise provided by law;

c) The Foundation is entitled to use lawful non-state budget revenues, including deposit interest, to pay for organizational capacity increase; expert contracts; training and communications; additional income; collective welfare; and other lawful benefits for the Foundation’s cadres, public employees, and employees in accordance with its internal expenditure regulations. Ceiling limits prescribed in financial autonomy mechanism applicable to public service providers do not are not imposed on such expenditures;

d) The management and use of non-state budget funding must be economical, efficient, public, transparent, and accountable in accordance with regulations of law;

dd) Unused non-state budget revenues within the year shall be carried forward to the following year for continuation in use in conformity with the identified objectives, and must be fully accounted for in the Foundation’s annual financial statements.

5. Formulation of plans, estimates, management, and use of non-state budget funding by the Foundation shall be consistent with the signed donation and cooperation agreements, in conformity with the Foundation’s functions and tasks, and regulations of relevant laws.

6. Report, supervision and inspection

a) The Foundation shall be responsible for publicly disclosing information on receipt, management, and use of non-state budget funding in accordance with the law;

b) The Foundation’s management and use of non-state budget funding shall be subject to inspection and supervision by competent state agencies in accordance with the law.

Article 34. Accounting and financial regimes

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2. Management funding specified in point b, clause 1, Article 28 of this Decree shall be granted autonomy and accounted for as the Foundation’s revenues, and shall be managed and used according to financial mechanisms applicable to public service providers covering their own recurrent expenditures (Group 2 providers) as provided for in the Government's Decree No. 60/2021/ND-CP dated June 21, 2021 and the Government's Decree No. 111/2025/ND-CP dated May 22, 2025.

3. Every two years, the Foundation shall hire an independent audit firm to audit management and use of funding, and assess efficiency in the Foundation’s financial operation. Funding for hiring the independent audit firm shall be included in the Foundation’s management expenditure estimate.

4. Unused funding for science and technology tasks, and support for increase in national science and technology capacity, within a fiscal year's plan shall be adjusted and reallocated to other science and technology tasks, and supports for increase in national science and technology capacity, within the same year.

5. In case funding from state budget has not yet been allocated or has not promptly been allocated to the Foundation in accordance with point a, clause 1, Article 28 of this Decree, the Foundation is permitted to temporarily use unused non-state budget funding for science and technology tasks, and support for increase in national science and technology capacity, to meet schedule and make final accounts of funding for tasks in accordance with the law. The used funding must be fully reimbursed, accounted for and finalized as prescribed.

6. The unused funding within the budget year shall be carried over to the following year in accordance with the Law on State Budget and its guiding documents.

Article 35. Supervision, assessment and accountability

1. Internal supervision

a) The Foundation shall establish an internal supervision system to monitor compliance with regulations of law and operation rules, and the efficiency in use of financial resources for donation, commissioning and support;

b) Supervision operations include periodic, adhoc, and independent post-supervision after the completion of programs, tasks, and operations. Supervision results shall be publicly disclosed as regulated and reported to the Ministry of Science and Technology.

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a) The Foundation shall conduct periodic assessments or hire competent organizations or individuals to conduct independent assessments of efficiency in donation, commissioning and support, the extent of achievement in strategic objectives, and efficiency in use of funding;

b) Assessment results serve as the basis for adjustments of plans for donation, commissioning, and support, allocation of resources, and improvement of governance.

3. The Foundation’s accountability

a) The Foundation shall be responsible for publicly disclosing financial information regarding operations within the scope of its management and governance;

b) Annually, the Foundation shall be responsible for preparing operation efficiency assessment reports based on the outcomes of donation, commissioning, support, and disbursement, and national science, technology, and innovation development strategies and plans, to be submitted to the Ministry of Science and Technology.

4. The Minister of Science and Technology shall promulgate regulations on methods and criteria for assessment of efficiency in the Foundation’s operations. 

Article 36. Financial risk management

In case of any difficulty in recovery of funding for science and technology tasks, the Foundation shall take charge of financial risk management as follows:

1. Risk management principles

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b) Be based on clear and transparent grounds;

c) There are verification documents or opinions of the advisory council or experts (where necessary).

2. Financial risk cases:

a) Task outcomes fail to achieve the set objectives;

b) Damage to assets, equipment, and funding are caused by force majeure events;

c) The presiding organization is dissolved, goes bankrupt, or no longer holds a valid legal entity status;

d) The advanced funding cannot be recovered due to justifiable reasons.

3. Risk management methods:

a) Exemption from, reduction of, or extension of the time limit for repayment;

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c) Non-recovery of the remaining advanced funding;

d) Exemption from penalties for violation or late payment interest;

4. Risk management must not alter the accountability of the organization presiding over the use of funding

5. The Minister of Science and Technology shall elaborate this Article.

Chapter VIII

IMPLEMENTATION ORGANIZATION

Article 37. Implementation clauses

1. This Decree takes effect from the date it is signed for promulgation.

2. This Decree replaces the Government’s Decree No. 23/2014/ND-CP dated April 03, 2014 and the Government’s Decree No. 19/2021/ND-CP dated March 15, 2021.

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4. From the effective date of this Decree, the Foundation’s operation management funding shall be determined in accordance with regulations of this Decree. In case funding allocated under the Decree No. 265/2025/ND-CP is lower than that specified in this Decree, the difference shall be adjusted in accordance with regulations of law.

5. If documents referred to in this Decree are amended or replaced, the new documents shall prevail.

Article 38. Transitional clauses

1. Decisions issued by the Foundation Management Council before the effective date of this Decree shall remain effective until they are annulled or replaced by new documents.

2. The Director of Foundation shall be assigned to exercise the jurisdiction of the Foundation Management Council over ongoing science and technology tasks in accordance with regulations of the Law on Science and Technology No. 29/2013/QH13 and relevant elaborating documents until such tasks are completed.

Article 39. Responsibilities for implementation

1. The Minister of Science and Technology shall be responsible for organizing implementation and providing guidance on enforcement of this Decree.

2. Ministers, Heads of ministerial-level agencies, Chairpersons of People's Committees of provinces and cities, and heads of relevant agencies and organizations shall be responsible for the implementation of this Decree.

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ON BEHALF OF THE GOVERNMENT
PP. PRIME MINISTER
DEPUTY PRIME MINISTER




Nguyen Van Thang