This paper has objectives to indicate some shortages in financial mechanisms, from establishment and distribution up to use of financial resources invested for S&T sectors which are found weak and limited. On this basis, the paper provides some suggestions and proposals related to innovation of financial mechanisms for S&T activities in Vietnam in purpose to produce highest effects for the national economy. | JSTPM Vol 5, No 1, 2016 55 SOME ACTUAL PROBLEMS OF FINANCIAL MECHANISMS FOR SCIENCE AND TECHNOLOGY ACTIVITIES IN VIETNAM . Tran Thi Thu Ha Bac Ha International University Abstract: In actual international integration trends, the science and technology (S&T) is one of the main actors causing great impacts to socio-economic development of the country. S&T is the key for shortening the process of industrialization and modernization in efforts to catch up other nations in the world. S&T is the deciding factor for implementation of objectives to shift our economy to the knowledge based economy in the actual process of globalization. It is a reality that our S&T capacities remain low. There exist many reasons of that and among them are the financial mechanisms actually applied in S&T sectors. The financial mechanisms play especially important roles among all the other mechanisms and policies for S&T development. The financial mechanisms are key factors to decide successes or failures of strategies of S&T development of every nation. This paper has objectives to indicate some shortages in financial mechanisms, from establishment and distribution up to use of financial resources invested for S&T sectors which are found weak and limited. On this basis, the paper provides some suggestions and proposals related to innovation of financial mechanisms for S&T activities in Vietnam in purpose to produce highest effects for the national economy. Keywords: Financial mechanism; S&T activities. Code: 15090101 1. Some aspects of financial mechanisms in S&T activities According to Dictionary of Economic Terms (pp. 120-121), the financial mechanisms are “the total of measures and organizational forms of management of the process of set up, distribution and use of financial resources in national economy. Financial mechanisms should meet and fit management mechanisms of every development stage. Therefore, financial mechanisms for S&T activities are the total of measures and .
