HANOI, Dec 4: Vietnam’s capital Hanoi will allocate 4 % of its annual funds, equal to over 9 trillion Vietnamese dong (about 340 million U.S. {dollars}), for Science, Technology and Innovation beginning in 2026, VnEconomy reported Thursday.
According to the report, of the whole, public funding will account for over 5.5 trillion Vietnamese dong (about 208 million U.S. {dollars}). Truong Viet Dung, Vice Chairman of the municipal People’s Committee, mentioned that to preserve development targets of 8 to 10 % in 2025 and 11 % in 2026, town has no possibility however to depend on Science, Technology and Innovation.
Tran Anh Tuan, Director of the Municipal Department of Science and Technology, mentioned Hanoi is getting ready to set up large-scale laboratories, every price lots of of thousands and thousands of U.S. {dollars} or extra. (UNI)