How is Advanced Technology Defined Under the New Regulations?
The definition of advanced technology is stipulated in Clause 3, Article 2 of the Law on Technology Transfer 2017, whereby:
Advanced technology is technology with a higher level of sophistication than the existing technologies of the same type in Vietnam, has been applied in practice, enhances productivity, product quality outstandingly, and is environmentally friendly.
The above is the consultation on the definition of advanced technology. For more detailed information, please refer to the Law on Technology Transfer 2017. We hope that our consultation will help resolve your concerns.
Wishing you health and success!
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