Previously, many enterprises encountered difficulties in utilising the Science and Technology Development Fund for business due to institutional obstacles. The Law on Science, Technology and Innovation removes many barriers, expands autonomy, and helps enterprises to be more proactive in research, technology development, and product commercialisation.

The Law on Science, Technology and Innovation has been passed, designating enterprises as the centre of the innovation system, offering a range of preferential policies to encourage businesses to invest in research, develop technology, and enhance their competitiveness.