Continuously for 20 years, since 1995, the Vietnam Union of Science and Technology Associations has been coordinating with the Ministry of Science and Technology, the Vietnam General Confederation of Labor, the Central of Ho Chi Minh Communist Youth Union... to implement the project of organization of The Vietnam Fund for Supporting Scientific and Technological Creations VIFOTEC (the Vietnam Science and Technology Creations now). The prize has been awarded to the scientists who are the authors of works with scientific and economic - social value.
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