NAFOSTED Transitions to Result-Oriented Funding for Science and Technology Projects
The National Foundation for Science and Technology Development has announced its new mechanism, transitioning from input management to result-oriented funding to increase flexibility.
The National Foundation for Science and Technology Development (NAFOSTED) has publicly announced its new mechanism, which transitions from input management to result-oriented funding, enhancing proactiveness and flexibility while supporting science and technology capacity.
Details of the New Funding Model
With its new mechanism, the National Foundation for Science and Technology Development is making a strong transition from input management to result-oriented funding. This step increases proactiveness and flexibility while expanding support aimed at developing national capacity.
Statements at the Workshop in Hue City
This information was presented to participants at a workshop organized by NAFOSTED in Hue City, where the contributions of the new operating model to cooperation among stakeholders were evaluated.
Strong Ties Among Stakeholders
Associate Professor Dr. Dao Ngoc Chien, Director of the NAFOSTED Executive Agency, stated in his opening speech that the new operating model strengthens the bond between the state, scientists, and businesses.
Innovations Introduced by the Decree
Along with Decree No. 229/2026/ND-CP, many important innovations are being implemented, ranging from budget allocation to digitalization and the acceptance of risk management.