SUNday - 18/10/2015 22:04     In

The National Technology Innovation Fund ( NATIF) was founded by the Decision No. 1342/QD-TTg, dated August 5, 2011 of  Prime Minister on establishing National Technology Innovation Fund. 

Affiliated with the Ministry of Science and Technology (MOST), the Fund, is a legal entity, possessing its own seal, and is allowed to open accounts at the State treasury and banks inside and outside the country. The Fund is located in Ha Noi.  NATIF operates for non-profit purposes, functions in granting and lending capital to implement scientific and technological projects proposed by organizations or individuals.

Prime Minister Nguyen Tan Dung at the opening ceremony of National Technology Innovation Fund.

With the charter capital of 1,000 billion VND, National Technology Innovation Fund put in operation is a significant event for the scientific community and enterprises whose are always seeking solutions to the technological innovation to develop new products, improve the added value of products and services, improve the competitiveness of enterprises and of the economy.

Subjects of the National Technology Innovation Fund is mainly to support enterprises, organizations and individuals whose conduct activities to innovative technology applications, commercializing the results of scientific research and technological development to bring to the market new products and services that have high technological content and high added value.

Speaking at the ceremony, the Prime Minister - Nguyen Tan Dung highly appreciated and praised Ministry of Science and Technology in recent years has been positive, proactive implementing Resolution No. 20 of the 6th Central Party Conference Executive Board XI on innovation science and technology and put National Technology Innovation Fund in operation. The Prime Minister stressed, National Technology Innovation Fund of the State and financial institutions of the State, both business units serving the State management, operating not for profit, with financial support functions, preferential loans, loan interest rate support, guarantee to lend to institutions, individuals and businesses whose doing research, transfer, technology innovation. Thereby promoting, issues strong support to National technology innovation, especially for Vietnam enterprises.

In this context, the issue of technology innovation have an important role, is the basis and motivation for Vietnam businesses to create products and services with highly competitiveness in the region and the world. From there, it gives an important contribution to the economic development of the country and firmly protect the our country.

Chairman of the Fund's Board of Trustees:

                             Prof. Dr. Hoang Van Phong                    

Director of the Fund’s Executive Office:

                             From 2013-2015 : Ph.D. Do Van Loc

                             From 2015 : Ph.D. Nguyen Dinh Binh


National Technology Innovation Fund - NATIF.VN
Address: No. 39 Tran Hung Dao Street, Hoan Kiem District , Hanoi.
Phone: +84-24-3943-7130/3943-7128 Fax: +84-24-3943-7130 - natif@most.gov.vn