THE GOVERNMENT
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
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No: 122/2003/ND-CP
Hanoi, October 22, 2003
 DECREE
ON THE SETTING UP OF THE NATIONAL FOUNDATION FOR SCIENCE AND TECHNOLOGY DEVELOPMENT
THE GOVERNMENT
Pursuant to the December 25, 2001 Law on Organization of the Government;
Pursuant to the June 9, 2000 Science and Technology Law;
At the proposal of the Minister of Science and Technology,
DECREES:
Article 1.- To set up the National Foundation for Science and Technology Development under the provisions in Article 39 of the Science and Technology Law.
Article 2.- To promulgate together with this Decree the Charter on Organization and Operation of the National Foundation for Science and Technology Development.
Article 3.- This Decree takes effect 15 days after its publication in the Official Gazette.
The ministers, the heads of the ministerial-level agencies, the heads of the Government-attached agencies and the presidents of the People's Committees of the provinces and centrally-run cities shall have to implement this Decree.
 
ON BEHALF OF THE GOVERNMENT
PRIME MINISTER




Phan Van Khai
 
CHARTER
ON ORGANIZATION AND OPERATION OF THE NATIONAL FOUNDATION FOR SCIENCE AND TECHNOLOGY DEVELOPMENT
(Promulgated together with the Government's Decree No. 122/2003/ND-CP of October 22, 2003)
Chapter I
GENERAL PROVISIONS
Article 1.- Functions of the National Foundation for Science and Technology Development
The National Foundation for Science and Technology Development (hereinafter referred to as the Fund for short) operates for non-profit purposes, has the function of financing and lending capital for the performance of scientific and technological tasks proposed by organizations or individuals.