Nearly VND16bln disbursed to realize the local sci-tech task

Provincial People’s Committee Vice-Chairman Vo Van Minh, on July 30, presided over a meeting to hear a report by provincial Science-Technology Development Fund about its activities in the first half of 2014 and orientations, tasks for the rest of the year.  

The total capital of the fund granted by State budget has so far reached nearly VND16bln. Over the past time, the fund also considered 14 projects on technical innovation while disbursing and taking back more than VND22bln in loan; supported 23 enterprises to build advanced management systems under international standards with more than VND333mln.

Mr.Minh said that the fund needed to make a suitable and effective lending policy, map out a project on adjustment of its operation to strengthen the effectiveness of loan support in order to promote the local sci-tech task.

Reported by Ho Van-Translated by K.T