Financial risks when performing innovation tasks in which cases
Reader lesanxxx@gmail asks: What are the financial risks when performing innovation tasks?
Legal Consulting Office of Lao Dong Newspaper answers:
Clause 2, Article 18 of Decree 77/2026/ND-CP Regulating the organization and operation of the National Technology Innovation Fund (effective from March 17, 2026), stipulates as follows:
Financial risk cases include:
a) The results of the task did not achieve the set goals but fully complied with the regulations on task management, processes, and implementation content;
b) Damage to property, equipment, and costs due to incidents or force majeure events;
c) Enterprises and organizations that are dissolved, bankrupt, no longer have legitimate legal status or lose operational capacity according to legal regulations (no longer have the ability to continue tasks);
d) Other cases reported and proposed by the Fund, the Ministry of Science and Technology shall consider and decide according to the provisions of law.
Thus, from March 17, 2026, financial risks when performing innovation tasks are regulated as above.
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