Which cases has the technology transfer license in Vietnam been canceled?

Which cases has the technology transfer license in Vietnam been canceled?

In Clause 2, Article 32 of the 2017 Law on Technology Transfer, there are provisions on the validity of technology transfer licenses as follows:

2. Issuing authorities shall have the power to nullify the issued technology transfer permit/ Certificate of registration of technology transfer in the following cases:

a) Failing to comply with provisions in the technology transfer permit or Certificate of registration of technology transfer;

b) Forging the application for the technology transfer permit or Certificate of registration of technology transfer;

c) At the request of a regulatory authority in case the holder commits violations against regulations of relevant laws.

Thus, based on the current regulations, the technology transfer license in Vietnam shall be cancelled if it falls into the cases specified as above.

What does the applications for extension of technology transfer in Vietnam comprise?

Clause 2 Article 33 of the 2017 Law on Technology Transfer provides for applications for extension of technology transfer as follows:

2. An application for extension or revisions to technology transfer includes:

a) The application form for extension or revisions to technology transfer;

b) The original in Vietnamese language or the certified copy of the written agreement on extension or revisions. In case of unavailability of an agreement in Vietnamese language, the notarized or certified translation of such agreement into Vietnamese language shall be submitted.

According to this Article, when applying for extension of technology transfer in Vietnam , it is necessary to prepare the above-mentioned documents.

Best Regards!