Announcement on the preparation to implement loan program of National Foundation for Science and Technology Development
To prepare for the implementation of loan program of National Foundation for Science and Technology Development (NAFOSTED) for scientific and technological missions proposed by individuals and organizations to apply scientific research and technological advancement into manufacturing and life, NAFOSTED has nominated the Bank for Investment and Development of Vietnam (BIDV) as the trustee to carry out the loan program according to Circular 14/2016/TT-BKHCN dated 30/6/2016 by the Ministry of Science and Technology on management of loan activities implemented by NAFOSTED.
On October 10th 2017, at BIDV headquarter, the two sides signed a memorandum of understanding on some basic contents of trust and entrust operation under the loan program as well as to set a basis for following procedures before signing the formal trust agreement.
Announcement on application submission to NAFOSTED loan program is planned to be released in the 4th Quarter of 2017.
Detailed information on next announcements on submitting application will be regularly announced on the NAFOSTED’s website and mass media.