Understanding New Technology in Legal Terms
The definition of new technology is stipulated in Clause 4, Article 2 of the Law on Technology Transfer 2017, whereby:
New technology is a technology that is created or applied for the first time in Vietnam or in the world, possessing a higher level than the existing similar technologies in Vietnam, environmentally friendly, practical application, and capable of enhancing productivity and product quality.
The above is an advisory on the definition of new technology. For more detailed information, please refer to the Law on Technology Transfer 2017. We hope that our advice will help address your concerns.
Wishing you health and success!
Promulgation of the Law on Electricity 2024 in Vietnam from February 1, 2025
Additional cases for revocation of License for karaoke service business in Vietnam from November 12, 2024
Milk and functional foods for children under 06 years old will subject to price stabilization and price declaration in Vietnam from January 01, 2025
What date is the Black Friday in 2024? What are prohibited atcs in promotional activities on the Black Friday in 2024?
Which products are required a product declaration in Vietnam? What documents are included in the Application for a product declaration in Vietnam?
What is price declaration in Vietnam? Which goods and services are required price declaration in Vietnam?
09 policies to encourage the development of self-produced, self-consumed rooftop solar power in Vietnam
What are details of Decree 135/2024/ND-CP on mechanisms and policies to promote the development of self-produced, self-consumed rooftop solar power in Vietnam?
Ministry of Industry and Trade to request Temu E-commerce Platform to comply with Vietnamese Law
What is Temu? Which country is Temu from? What is the operational model of the e-commerce platform in Vietnam?
