History of the Formation and Development of the Ministry of Science and Technology
01/10/2026
The National Foundation for Science and Technology Development (NAFOSTED) was established under Decree No. 122/2003/ND-CP dated October 22, 2003 of the Government, marking an important step in reforming the management and funding of science and technology activities in Vietnam. The establishment of the Foundation helped shape a competitive, open and transparent mechanism for funding scientific research, gradually approaching international standards and creating favorable conditions for scientists and research organizations to improve their research capacity and quality.
Throughout its formation and development, the Foundation has gradually refined its organizational structure and management mechanisms, expanded its funding programs, supported research and strengthened international cooperation, affirming its role as one of the important instruments for promoting the development of science, technology and innovation in Vietnam.
PERIOD: 2003 - 2014
On October 22, 2003, the Government issued Decree No. 122/2003/ND-CP establishing the National Foundation for Science and Technology Development.
PERIOD: 2014 - 2021
On April 3, 2014, the Government issued Decree No. 23/2014/ND-CP on the Charter on the organization and operation of the National Foundation for Science and Technology Development.
PERIOD: 2021 - 2025
On March 15, 2021, the Government issued Decree No. 19/2021/ND-CP amending and supplementing a number of articles of the Charter on the organization and operation of the National Foundation for Science and Technology Development, issued together with Decree No. 23/2014/ND-CP dated April 3, 2014 of the Government.

