Seminar held to assist companies in utilizing fund

Ms. Chu Van Hai, Deputy Director of Ho Chi Minh Metropolis Division of Science and Expertise, speaks on the convention

On the seminar, Ms. Chu Van Hai, Deputy Director of Ho Chi Minh Metropolis Division of Science and Expertise emphasised the numerous position of digital transformation in Ho Chi Minh Metropolis from now to 2030 with a concentrate on growing analysis on science and know-how in enterprises in compliance with the provisions of legislation.

In accordance with statistics, at present, 124 companies in Ho Chi Minh Metropolis have been allocating an quantity of VND4,400 billion for establishing funds and the amount of cash used for the fund is VND1,353 billion. In actual fact, the allotted quantity of VND4,400 billion has not met the town’s expectations, the variety of companies establishing the fund just isn’t commensurate with the event of the town and the advantages of the fund haven’t been unfold to the enterprise neighborhood.

Over the previous time, the enterprise’s science and know-how growth fund has been carried out and achieved sure outcomes. Nonetheless, there are nonetheless many limitations and inadequacies similar to sophisticated fund use procedures and low disbursement of funds. Many companies have established funds, however don’t totally perceive the authorized procedures to function and disburse funds.

In accordance with Mr. Phan Quoc Tuan, Deputy Head of the Expertise Administration Division, Division of Science and Expertise of Ho Chi Minh Metropolis, the establishing of the Science and Expertise fund goals to assist enterprises to enhance their technological capability. Enterprises established and working underneath Vietnamese legislation might deduct a most of 10 % of their annual taxable revenue to arrange a science and know-how growth fund, of which state enterprises should deduct from 3 % to 10 %.

The Science and Expertise Improvement Fund is used to purchase amenities for the operation of enterprises similar to info infrastructure gear, high quality administration system, buying use rights, laptop packages, options to rationalize manufacturing, and know-how innovation.

Companies face difficulties and obstacles in utilizing the science and know-how growth fund as a result of they’ve simply declared and reported to tax administration companies with out sending the institution determination to the Division of Science and Expertise. There isn’t a sanction for the reporting of the institution and use of the fund, resulting in incomplete statistics on the variety of enterprises establishing the fund. As well as, some companies haven’t dared to make use of the fund as a result of they don’t perceive the monetary settlement procedures, Mr. Tuan mentioned.

Mr. Phi Anh Tuan from the Ho Chi Minh Metropolis Digital Transformation Assist and Consulting Heart (DX Heart), mentioned that digital transformation is constructing digital belongings and digital assets in enterprises whereas making use of know-how to run the enterprise to extend manufacturing capability, gross sales capability and know-how participation. In actual fact, many newly-established companies are presently nonetheless missing technique and planning on digital transformation, and lack of prioritization for the digital transformation course of.

On the seminar, Mr. Le Thanh Binh, Deputy Common Director accountable for SaviPharm’s science and know-how division, revealed that the corporate has not arrange a science and know-how fund as a result of the fund actually has not supported a lot for personal enterprises however primarily supported state-owned enterprises.

Nonetheless, in line with him, digital transformation in enterprises has introduced nice financial advantages to the corporate. At present, the corporate is finishing up digital transformation in a number of small tasks, similar to making use of know-how on the gross sales and on-line ordering levels of pharmacies to cut back the workload for workers. As well as, the corporate has additionally utilized know-how to the stage of products administration and operation, and e-office.

By Bui Tuan – Translated by Anh Quan

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