Lawmakers look into draft law on science, technology and innovation
Notably, it introduces policies allowing research institutions to own and make independent decisions regarding research outcomes and assets derived from their work. Researchers will be entitled to at least 30% of the profits from commercialisation and are allowed to establish and manage businesses.
A view of the 9th session of the 15 National Assembly (NA). (Photo: VNA)
Hanoi (VNA) – Legislators will debate the draft Law on Science, Technology, and Innovation during their May 13 afternoon sitting as part of the 9th session of the 15 National Assembly (NA).
The draft law consists of 8 chapters and 83 articles, two articles more than the 2013 Law on Science and Technology, reflecting the inclusion of innovation-related content and a restructured format.
Notably, it introduces policies allowing research institutions to own and make independent decisions regarding research outcomes and assets derived from their work. Researchers will be entitled to at least 30% of the profits from commercialisation and are allowed to establish and manage businesses.
The draft law adds several incentive policies related to personal income tax and rewards for basic research; a profit-sharing mechanism from commercialisation of research outcomes for domestic researchers; and mechanisms related salary negotiation, incentives, and simplified procedures for work permits and visas to attract foreign experts and overseas Vietnamese to join key science and technology projects in Vietnam, helping address challenges that domestic experts have yet to resolve.
Additionally, it outlines principles and criteria for identifying top talents in science, technology, and innovation, establishing a clear framework for attracting and retaining talents.
Lawmakers will hear a proposal and a report on the draft resolution of the NA on extending the exemption period for agricultural land use tax, as stipulated in Resolution No. 55/2010/QH12—amended and supplemented by Resolutions No. 28/2016/QH14 and No. 107/2020/QH14. They will also review the legislature’s draft resolution on reducing value-added tax.
During the morning agenda, NA deputies heard a proposal and a report on the legislature’s draft Resolution to replace Resolution No. 35/2021/QH15 dated November 13, 2021 on piloting a number of specific mechanisms and policies for the development of Hai Phong city.
After listening to a report explaining the draft Law on Ma൲nagement and Investment of State Capital in Enterprise꧃s, legislators scrutinised contentious contents of this document./.
Vice Chairwoman of the NA's Committee for Legal and Judicial Affairs Nguyen Phuong Thuy said the proposed shortening of the NA’s term is to meet practical requirements.
The 15th National Assembly (NA) adopted a resolution on several special mechanisms and policies for the Ninh Thuan nuclear power project at its ninth extraordinary session on February 19.
The trip will be made at the invitations of Chinese Premier Li Qiang and WEF President and CEO Børge Brende, according to an announcement from the Ministry of Foreign Affairs.
Long spoke highly of the dynamic, positive, and comprehensive development of Vietnam – Russia relations in recent years. He affirmed that the Vietnamese Party and State place great importance on further strengthening the comprehensive strategic partnership with Russia in a substantive and effective manner, in line with the development needs of both nations.
At the conference, participants reported that the Government has so far issued 28 decrees on the delegation of responsibilities and powers between the central Government and two-tier local administrations. Several localities have already piloted the new governance model.
Reality is the ultimate benchmark for success, he said, urging drafting agencies to work out policies that foster development, reduce bureaucratic hurdles, and respect practical conditions.
Under the official dispatch signed on June 20, ministers, heads of ministerial-level agencies, and chairpersons of provincial and municipal People’s Committees are requested to concentrate efforts on implementing core measures to ensure the smooth operations of the new administrative framework.
The Party chief underscored the need for the press to innovate relentlessly, evolve to keep pace with the country's development, transform into a truly professional, humanistic, and modern sector that serves the cause of the Party, the State, and the people on the path to national construction and development.
The UN Secretary-General praised Vietnam’s remarkable achievements in socio-economic development and international integration in recent years, noting that the country has emerged as a model in implementing the Sustainable Development Goals (SDGs), promoting international peace and security, and engaging in key UN processes.
Nghia affirmed that this is a milestone of special significance, affirming and honouring the the Vietnamese revolutionary press’s glorious tradition of 100 years of serving the revolutionary cause of the Party, serving the Fatherland, and serving the people.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
The launch of Thanh Nien (Young People) newspaper in 1925, even before the founding of the Communist Party of Vietnam, is considered a testament to President Ho Chi Minh’s strategic foresight and strong belief in the guiding power of the revolutionary media.
