What is the definition of “commercial software”? What are regulations on management of IT application projects suitable for their characteristics and funding sources in Vietnam?

What is the definition of “commercial software”?

Pursuant to Clause 14, Article 3 of the Decree 73/2019/ND-CP stipulating the definition of “commercial software” as follows:

Commercial software means available software with its price and description of technical/technological features and functions publicized on the portal/website of an organization/individual or via other means accessible to many people.

What are regulations on management of IT application projects suitable for their characteristics and funding sources in Vietnam?

Pursuant to Article 6 of the Decree 73/2019/ND-CP and Clause 3, Article 53 of the Decree 40/2020/ND-CP stipulating management of IT application projects suitable for their characteristics and funding sources in Vietnam as follows:

- IT application projects funded by the state budget for covering development investment expenditures shall be managed according to the Law on Public Investment and regulations on cost and quality management prescribed in Section 2 herein.

- For a project with an information technology product or service that is currently unavailable on the market, if necessary, the investment project owner shall consider and request a competent authority to choose an organization or individual to consider and propose technical and technological solution or plan; develop and test the product or service. Such organization or individual shall incur all costs (if any). After successful testing and determination of technical and technological plans and costs, investment project owners shall proceed with investment procedures as prescribed by law.

- For a project in another field that contains IT application items, cost and quality management for such IT application items shall comply with the regulations of this Decree.

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