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Vietnam: Violations arising from registration of technology transfer shall be fined up to VND 40 million

Bích Hoa

16:53, 14/06/2019

The Government of Vietnam issued Decree No. 51/2019/NĐ-CP prescribing administrative fines for violations arising from scientific and technological activities, and technology transfer.

According to Decree No. 51/2019/NĐ-CP of Vietnam’s Government, imposing the fine ranging from 30,000,000 dong to 40,000,000 dong for one of the following violations:

- Making the inbound transfer of technologies from abroad to Vietnam without obtaining the certificate of registration of technology transfer;

- Making the outbound transfer of technologies from Vietnam to foreign countries without obtaining the certificate of registration of technology transfer;

- Making the domestic transfer funded by the state capital or state budget without obtaining the certificate of registration of technology transfer, except where the certificate of registration of scientific and technological achievements has already been issued.

In addition to the above penalties, individuals and organizations that commit violations in technology transfer registration may also have exhibits or means used for commission of administrative violations confiscated.

View fines at Decree No. 51/2019/NĐ-CP of Vietnam’s Government, effective from August 01, 2019.

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