Ministry of Science and Technology Emphasizes Fund Allocation and Result-Oriented Approach
The Ministry of Science and Technology announced that the utilization of the 2026 budget should be tied not only to percentage rates, but also to concrete output results and efficiency.
On October 27, 2026, the Ministry of Science and Technology held an online conference with provincial science and technology departments to evaluate the 2026 fund allocation rates and the challenges encountered.
As of October 26, 2026, the distribution rate of science, technology, innovation, and digital transformation funds nationwide was recorded at 41.18%. Ms. Hoang Thi Phuong Luu, Director of the Planning and Finance Department, stated that the total estimated budget nationwide was 52,680.28 billion VND, while the amount disbursed reached 21,693.48 billion VND. For local governments, out of a total allocated budget of 28,032.79 billion VND, 10,789.36 billion VND, or 38.49%, was distributed.
Minister of Science and Technology Vu Hai Quan, who chaired the conference, along with ministry officials, requested local governments to accelerate fund allocations and tie budget utilization to output results and effectiveness. The ministry also urged proactive handling of obstacles in the implementation processes of tasks.
Sources
- vietnam.vn · Link