Public Disclosure Copy The World Bank Implementation Status & Results Report Fostering Innovation through Research, Science and Technology (FIRST) (P117394) Fostering Innovation through Research, Science and Technology (FIRST) (P117394) EAST ASIA AND PACIFIC | Vietnam | Education Global Practice | IBRD/IDA | Investment Project Financing | FY 2013 | Seq No: 9 | ARCHIVED on 22-Dec-2017 | ISR30358 | Implementing Agencies: Socialist Republic of Vietnam, Ministry of Science and Technology Key Dates Key Project Dates Bank Approval Date:31-May-2013 Effectiveness Date:22-Oct-2013 Planned Mid Term Review Date:15-Feb-2016 Actual Mid-Term Review Date:23-May-2016 Original Closing Date:30-Jun-2019 Revised Closing Date:30-Jun-2019 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 Objective? No PHRPDODEL Components Name Component One: Knowledge and Policy Development:(Cost $13.00 M) Component Two: Supporting Government Research Institute (GRI) Reform and Enterprises Innovation:(Cost $82.00 M) Component Three: Project Management:(Cost $5.00 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  Moderately Unsatisfactory  Moderately Satisfactory Overall Implementation Progress (IP)  Moderately Unsatisfactory  Moderately Satisfactory Overall Risk Rating  Substantial  Substantial 12/22/2017 Page 1 of 6 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Fostering Innovation through Research, Science and Technology (FIRST) (P117394) Implementation Status and Key Decisions Significant progress has been made by the FIRST Project in the last six months in implementation of project activities and progress towards achieving the project development objective. Good progress has also been recorded on sub-project activities under the first-round Grants, and commencement of activities under the second-round Grants, overall leading to improved implementation progress and increasing the likelihood of achieving the project development objective (PDO). In light of the improved implementation progress and enhanced commitment from all levels of project management, the project has initiated the third round of Grant awards in order to make use of the remaining project funds and to scale up the development impact of innovation activities. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance  --  Moderate  Moderate Macroeconomic  --  Moderate  Moderate Sector Strategies and Policies  --  Moderate  Moderate Technical Design of Project or Program  --  Substantial  Substantial Institutional Capacity for Implementation and Sustainability  --  Substantial  Substantial Fiduciary  --  Moderate  Substantial Environment and Social  --  Low  Moderate Stakeholders  --  Substantial  Substantial Other  --  --  -- Overall  --  Substantial  Substantial Results Project Development Objective Indicators PHINDPDOTBL  Increase in the number of international scientific publications made by beneficiary organizations (disaggregated by gender) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 5.00 Date 01-Oct-2013 15-May-2017 16-Oct-2017 01-Oct-2018 Comments The Indicator will be updated by end of 2017 after data from NASATI are verified and processed. 12/22/2017 Page 2 of 6 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Fostering Innovation through Research, Science and Technology (FIRST) (P117394) PHINDPDOTBL  Increase in innovative activity by beneficiary organizations (disaggregated by gender) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 5.00 Date 01-Oct-2013 15-May-2017 16-Oct-2017 01-Oct-2018 Comments The Indicator will be updated by end of 2017 after data from NASATI are verified and processed. Overall Comments Intermediate Results Indicators PHINDIRITBL  Number of international researchers participated in project (disaggregated by gender) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 17.00 17.00 50.00 Date 01-Oct-2013 15-May-2017 16-Oct-2017 31-Dec-2018 12/22/2017 Page 3 of 6 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Fostering Innovation through Research, Science and Technology (FIRST) (P117394) PHINDIRITBL  Conduct STI Survey (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N Y Y Y Date 01-Oct-2013 15-May-2017 16-Oct-2017 31-Dec-2018 PHINDIRITBL  Number of GRIs with satisfactory implementation of GRI grant (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 2.00 5.00 6.00 Date 01-Oct-2013 15-May-2017 16-Oct-2017 31-Dec-2018 PHINDIRITBL  Number of competitive grants awarded to innovative technology enterprises (disaggregated by gender) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 5.00 5.00 32.00 Date 01-Oct-2013 15-May-2017 16-Oct-2017 31-Dec-2018 Comments This indicator is for start-up, thus need to be revised given the activity is now dropped PHINDIRITBL  Number of matching grants successfully implemented by research-innovation consortia (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 2.00 3.00 4.00 Date 01-Oct-2013 15-May-2017 16-Oct-2017 31-Dec-2018 12/22/2017 Page 4 of 6 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Fostering Innovation through Research, Science and Technology (FIRST) (P117394) PHINDIRITBL  National Core Technology Laboratory for Mechanical Manufacturing Automation and Embedded Technology (VINALAB- MAMET) begins its business operation (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N N N Y Date 01-Oct-2013 15-May-2017 16-Oct-2017 31-Dec-2018 Comments This indicator is to be dropped as the respective activity is dropped PHINDIRITBL  Research report produced (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N N N Y Date 01-Oct-2013 15-May-2017 16-Oct-2017 31-Dec-2018 Overall Comments Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P117394 IDA-52570 Effective USD 100.00 78.00 22.00 10.36 61.20 13% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P117394 IDA-52570 Effective 31-May-2013 25-Jul-2013 22-Oct-2013 30-Jun-2019 30-Jun-2019 Cumulative Disbursements 12/22/2017 Page 5 of 6 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Fostering Innovation through Research, Science and Technology (FIRST) (P117394) Restructuring History Level 2 Approved on 18-Apr-2017 Related Project(s) There are no related projects. 12/22/2017 Page 6 of 6 Public Disclosure Copy