Vietnamese
On May 31, 2022, the Minister of Science and Technology issues the Circular No. 05/2022/TT-BKHCN providing instructions for use of enterprises’ science and technology development funds.
According to the Article 4, this fund is the budget for science and technology development missions of enterprises, including:
- Equipping enterprises with physical infrastructure and technical utilities: Establish research and development organizations, centers for analysis, testing, experimentation, inspection, calibration or trial of products; enterprises’ information infrastructure, databases and statistics on science and technology activities...
- Purchasing rights of enjoyment and ownership: Technological know-how; technical knowledge about technological advances that are transferred in the form of technological plans, technological processes, technical designs, technical solutions...
- Purchasing machinery and equipment involved in the technology innovation mission.
- Expenditures on science and technology personnel training activities
- Expenditures on initiative-related activities
Expenditures on science and technology cooperation activities with domestic and foreign organizations, individuals and enterprises
Expenditures on assessment, testing, inspection, assessment, promotion and commercialization of new products and technologies; registration of intellectual property.
Expenditures on offering grants or financial aid for carrying out missions specified in the “Support the national innovative startup ecosystem by 2025” project ...
The Circular 05 takes effect on June 01, 2022, and applies during the period of utilization of the corporate-level Science and Technology Development Funds from the CIT computation period in 2022.
