What are responsibilities of the Ministry of Planning and Investment for the Strategy of Science, Technology and Innovation Development in Vietnam by 2030?

Nội dung chính

• Responsibilities of the Ministry of Planning and Investment of Vietnam for the Strategy of Science, Technology and Innovation Development by 2030
• Responsibilities of the Ministry of Finance of Vietnam for the Strategy of Science, Technology and Innovation Development by 2030

Responsibilities of the Ministry of Planning and Investment of Vietnam for the Strategy of Science, Technology and Innovation Development by 2030

Pursuant to Clause 2, Article 2 of Decision 569/QD-TTg in 2022, the responsibilities of the Ministry of Planning and Investment of Vietnam for the Strategy of Science, Technology and Innovation Development by 2030 are as follows:

a) Allocate resources for fulfilment in the objectives and orientation to the development of science, technology and innovation of the Strategy in the plan for socio-economic development of the whole country, each sector and administrative division.

b) Take charge and cooperate with the Ministry of Science and Technology and relevant central authorities in attraction for the foreign enterprises and investment funds that invest in science, technology and innovation activities in Vietnam; develop the programs for supporting improvement of the capacity for management of technology and innovation for small and medium-seized enterprises.

c) Allocate resources for investment to prioritize the key projects for the development of potential for science, technology and innovation, research institutes, universities and laboratories that meet international standards, national, regional and local innovation centers.

d) Promulgate according to its competence, develop and submit to the competent authorities for promulgation of the mechanisms and policies on investment to create motivation for science, technology and innovation activities and apply science, technology and innovation to socio-economic development.

Responsibilities of the Ministry of Finance of Vietnam for the Strategy of Science, Technology and Innovation Development by 2030

As prescribed in Clause 3, Article 2 of Decision 569/QD-TTg in 2022, the responsibilities of the Ministry of Finance of Vietnam for the Strategy of Science, Technology and Innovation Development by 2030 are as follows:

a) Balance the annual state budget for science, technology and innovation according to the regulations of the law; ensure according to the annual plan to facilitate and improve the efficiency of science, technology and innovation activities.

b) Promulgate according to its competence, develop and submit to the competent authorities for promulgation of the mechanisms and policies on finance to create motivation for science, technology and innovation activities and apply science, technology and innovation to socio-economic development.

 Best regards.