The World Bank Report No: ISR14024 Implementation Status & Results Vietnam Fostering Innovation through Research, Science and Technology (FIRST) (P117394) Public Disclosure Copy Operation Name: Fostering Innovation through Research, Science and Project Stage: Implementation Seq.No: 2 Status: ARCHIVED Archive Date: 08-Apr-2014 Technology (FIRST) (P117394) Country: Vietnam Approval FY: 2013 Product Line: IBRD/IDA Region: EAST ASIA AND PACIFIC Lending Instrument: Specific Investment Loan Implementing Agency(ies): Ministry of Science and Technology Key Dates Board Approval Date 31-May-2013 Original Closing Date 30-Jun-2019 Planned Mid Term Review Date Last Archived ISR Date 15-Aug-2013 Effectiveness Date 22-Oct-2013 Revised Closing Date 30-Jun-2019 Actual Mid Term Review Date Project Development Objectives Project Development Objective (from Project Appraisal Document) The project development objective is to support science, technology and innovation (STI) in Vietnam by designing and piloting of STI policies, enhancing the effectiveness of project-aided research and development (R&D) institutions, and encouraging the development of innovative technology enterprises. Has the Project Development Objective been changed since Board Approval of the Project? Yes No Component(s) Component Name Component Cost Component One: Knowledge and Policy Development 13.00 Component Two: Supporting Government Research Institute (GRI) Reform and Enterprises 82.00 Innovation Component Three: Project Management 5.00 Public Disclosure Copy Overall Ratings Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Satisfactory Moderately Satisfactory Overall Risk Rating Substantial Substantial Implementation Status Overview The project was declared effective on October 22, 2013. As of this date, nearly 5 months after effectiveness, the project has not yet successfully completed the process to receive the first disbursement into the designated account. Page 1 of 4 The World Bank Report No: ISR14024 Locations No Location data has been entered Public Disclosure Copy Results Project Development Objective Indicators Indicator Name Core Unit of Measure Baseline Current End Target Increase in the number of international Percentage Value 0.00 0.00 5.00 scientific publications made by beneficiary Date 01-Oct-2013 18-Mar-2014 01-Oct-2018 organizations (disaggregated by gender) Comments International scientific publications are those articles and reports published in internationally peer reviewed science and technology journals and magazines Increase in innovative activity by beneficiary Percentage Value 0.00 0.00 5.00 organizations (disaggregated by gender) Date 01-Oct-2013 18-Mar-2014 01-Oct-2018 Comments Intermediate Results Indicators Indicator Name Core Unit of Measure Baseline Current End Target Number of international researchers Number Value 0.00 0.00 50.00 participated in project (disaggregated by Date 01-Oct-2013 18-Mar-2014 31-Dec-2018 gender) Comments Conduct STI Survey Yes/No Value No No Yes Date 01-Oct-2013 18-Mar-2014 31-Dec-2018 Comments To be conducted in YR2 (2014) Public Disclosure Copy Number of GRIs with satisfactory Number Value 0.00 0.00 6.00 implementation of GRI grant Date 01-Oct-2013 18-Mar-2014 31-Dec-2018 Comments Number of competitive grants awarded to Number Value 0.00 0.00 32.00 innovative technology enterprises Date 01-Oct-2013 18-Mar-2014 31-Dec-2018 (disaggregated by gender) Comments Page 2 of 4 The World Bank Report No: ISR14024 Number of matching grants successfully Number Value 0.00 0.00 4.00 implemented by research-innovation consortia Date 01-Oct-2013 18-Mar-2014 31-Dec-2018 Comments Public Disclosure Copy National Core Technology Laboratory for Yes/No Value No No Yes Mechanical Manufacturing Automation and Date 01-Oct-2013 18-Mar-2014 31-Dec-2018 Embedded Technology (VINALAB-MAMET) Comments Target to be met in YR3 begins its business operation Research report produced Yes/No Value No No Yes Date 01-Oct-2013 18-Mar-2014 31-Dec-2018 Comments Data on Financial Performance (as of 23-Oct-2013) Financial Agreement(s) Key Dates Project Ln/Cr/Tf Status Approval Date Signing Date Effectiveness Date Original Closing Date Revised Closing Date P117394 IDA-52570 Effective 31-May-2013 25-Jul-2013 22-Oct-2013 30-Jun-2019 30-Jun-2019 Disbursements (in Millions) Project Ln/Cr/Tf Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P117394 IDA-52570 Effective XDR 66.80 66.80 0.00 0.00 66.80 0.00 Disbursement Graph Public Disclosure Copy Page 3 of 4 The World Bank Report No: ISR14024 Public Disclosure Copy Key Decisions Regarding Implementation The Project Implementation Manual (PIM) will soon be finalized for disclosure and the first set of competitive grant proposal selection processes are expected to be launched soon. Due to the delays in initiation of project activities, the project implementation status rating is being downgraded from satisfactory to moderately satisfactory. Restructuring History There has been no restructuring to date. Related Projects There are no related projects. Public Disclosure Copy Page 4 of 4