Ho Chi Minh City Enhances Autonomy and Provides Funding in Science and Technology
Ho Chi Minh City has implemented a new resolution regulating financial mechanisms and fully covering funds to support research and technology commercialization.
A new resolution issued by the Ho Chi Minh City People's Council expands financial support mechanisms to promote research, development, and technology commercialization activities in the region.
The Newly Enacted Resolution
Resolution No. 63/2026/NQ-HĐND dated September 22, 2026, by the Ho Chi Minh City People's Council officially took effect on October 1, 2026.
Organizations Covered Under Support
The regulations cover not only public science and technology organizations but also non-public organizations that meet the requirements.
Individuals and research groups participating in programs and tasks are also included within the specified scope of application.
Priority Technology Fields
The city focuses on strategic fields such as artificial intelligence, the internet of things, big data, blockchain, semiconductors, and biotechnology.
Funding and Budget Support
The city budget will directly cover up to one hundred percent of the implementation costs for designated programs.