Minister Vu Hai Quan: We will not disburse science budgets under pressure

During the National Assembly question-and-answer session, Minister of Science and Technology Vu Hai Quan stated that budget spending is progressing slowly, but the main goal is to ensure every penny is used effectively, emphasizing that they will not disburse funds at any cost under pressure.

While briefing the National Assembly on the implementation of the Politburo's Resolution No. 57, Minister of Science and Technology Vu Hai Quan noted that despite increased budget resources allocated for science, technology, innovation, and digital transformation, expenditure remains slow and the commercialization of research results is limited.

Minister Vu Hai Quan emphasized that the requirement is not merely to accelerate expenditures, but also to ensure that every penny of the budget is used effectively. Announcing that as of October 30, 2026, the expenditure rate reached only 42.12% of the budget, the Minister stated that the pressure to disburse funds is real, but the greater pressure is ensuring that every disbursed budget yields effective results, adding, "Under this pressure, we will not disburse these funds at any cost."