Governing scope

This Law regulates technology transfer activities in Vietnam, from Vietnam to overseas, andfrom overseas to Vietnam; the rights and obligations of entities1 participating in technology transfer activities; the authority of State administrative bodies; and measures for encouragement and promotion of technology transfer activities.

Applicable entities

This Law shall apply to Vietnamese entities, Vietnamese residing overseas, and foreign entities participating in technology transfer activities.

Applicable law

1. Technology transfer activities must comply with the provisions of this Law and other relevantlaws; in the case of specialized technology transfer activities as stipulated in another law,the provisions of such other law shall apply.

2. Where an international treaty of which the Socialist Republic of Vietnam is a member contains provisions different from those in this Law, then the provisions of such international treaty shall apply.

3. In the case of technology transfer activities with foreign elements, the parties may agree in the contract on the application of foreign law or international commercial practice, on conditionthat such foreign law or international commercial practice is not contrary to the fundamentalprinciples of the law of Vietnam.

  For further details, Please see a reference translation at   http://www.wipo.int/edocs/lexdocs/laws/en/vn/vn050en.pdf