This paper pointed out achievements, constraints and the need of provision of appropriate intervention measures to overcome cumbersome in the current financial regime for scientific research in universities. Especially, the author proposed groups of solution with a view to improving the financing mechanism for S&T in universities, in general and in the Academy of Finance(AOF), in particular. | JSTPM Vol 2, No 2, 2013 33 REMOVING CUMBERSOME IN FINANCING SCIENTIFIC RESEARCH IN UNIVERSITIES IN VIETNAM THE CASE OF ACADEMY OF FINANCE . Pham Lan Anh Academy of Finance Abstract: In recent years, the Government has implemented a number of policies with specific measures for promoting science and technology (S&T) development. However, reality shows that financial investment for S&T activities is still far from expected to meet the requirements of industrialization and modernization of the country. S&T needs large financial investment while the resource allocated for S&T from the State budget is limited. In this difficult context, we have not had, on the other hand, appropriate policies and mechanisms strong enough to mobilize other non-state funding sources, encourage all economic sectors to invest in science and technology, especially in technology application. Particularly, the issue of finding solutions to overcome difficulties in universities caused by financing mechanism for scientific research is essential to ensure successful contribution of S&T to the country’s industrialization and modernization. In this paper, the author pointed out achievements, constraints and the need of provision of appropriate intervention measures to overcome cumbersome in the current financial regime for scientific research in universities. Especially, the author proposed groups of solution with a view to improving the financing mechanism for S&T in universities, in general and in the Academy of Finance(AOF), in particular. Keywords: Finance for S&T activities; Financial mechanism; University. Code: 13081501 1. Introduction Science and scientific research is a means of fostering economic development, social progress and has been playing an important role in socio-economic development of each nation, particularly for Vietnam. In past years, the Government has implemented a number of policies with specific measures for promoting science and technology (S&T) development. .