Technology transfer law to be revised

The National Assembly Standing Committee (NASC) has agreed to fully adjust and supplement regulations of the Law on Technological Transfer which came into effect in 2006.
Technology transfer law to be revised ảnh 1NA Vice Chairman Phung Quoc Hien delivers speech at the meeting of the National Assembly Standing Commitee on September 13 (Photo: VNA)

Hanoi (VNA) - The National Assembly Standing Committee (NASC) has agreed to fully adjust and supplement regulations of the Law on Technological Transfer which came into effect in 2006.

In the September 13 meeting, the NA deputies heard the Government report on ten years of implementing the law. The report affirmed that the law had contributed to pushing up the domestic technological renovation and transfer in production which helped increase the competitiveness of businesses as well as the growth rate of the economy.

However, the law needed to be adjusted to meet the demand of economic growth and in-depth international integration processes.

Minister of Science and Technology, Chu Ngoc Anh, told the meeting that “the adjustment of the current Law on Technological Transfer aims to create favorable conditions for technological transfer activities inside and outside Vietnam so as to help businesses renew the technologies.”

“The technology transfer activities would help Vietnamese businesses enhance their production capacity and competitiveness in both domestic and overseas markets”, said Anh.

The draft of the adjusted law was built on renewal of State management on the technological transfer in accordance with trade liberation and international integration trends, Anh told the deputies.

According to the report, the current law was revised and 16 out of 61 clauses were supplemented.

In the discussion, many deputies raised concerns over whether to adjust only 16 clauses or fully revise the current law.

Some deputies said that with the domestic current situation of technology, adjusting some items in the current law would not meet the demand of the country’s industrialisation and modernisation process.

Speaking at the meeting, the NA Chairwoman Nguyen Thi Kim Ngan said “the adjustment should be practical and inherit good points as well as overcome shortcomings of the current law”.

Meanwhile, deputy Phan Thanh Binh, chairman of the NA Culture, Education and Teenage Affairs Committee, said that the draft revised law just mentioned regulations on technological import but not on domestic technological transfer.

“At present, there were difficulties on technological transfer among research institutes, universities and businesses. The revised law should have regulations to solve the issues. However, the matter was not clarified in the revised law”, said Bình.

After discussion, the NASC agreed that the law should consider businesses as a core for technological renewal, application and transfer so as to increase the production capacity and competitiveness, and environment protection as well.

The technological transfer must ensure support for the domestic technological and science market as well as preventing the transfer of outdated technologies to Vietnam.

In the afternoon session, the NA deputies heard reports and contributed opinions to the plan of the State Budget.-VNA

VNA

See more

Deputy Prime Minister and Minister of Foreign Affairs Bui Thanh Son (L) and Lao PM Sonexay Siphandone. (Photo: VNA)

Vietnamese Deputy PM meets with Lao, UAE leaders in Dubai

Meeting with Lao Prime Minister Sonexay Siphandone, Deputy PM and Minister of Foreign Affairs Bui Thanh Son provided an overview of Vietnam's socio-economic achievements and drastic measures the country has taken to realise the Resolution on continued reform and re-organisation of the political system for streamlined, effective and efficient operations.

The National Assembly House in Hanoi. (Photo: VNA)

NA’s 9th extraordinary session to open on February 12

During the 8-day session, legislators will review and pass the drafts of the revised law on amendments and supplements to the Law on organisation of the NA, the revised Law on organisation of the Government, and the revised Law on promulgation of legal documents.

Deputy Minister of National Defence Sen. Lieut. Gen. Hoang Xuan Chien speaks at the forum (Photo: VNA)

Vietnam attends 14th Japan-ASEAN Defence Vice-Ministerial Forum

Deputy Minister of National Defence Sen. Lieut. Gen. Hoang Xuan Chien stressed that the world is undergoing era-defining transformations. Against this backdrop, the ASEAN Defence Ministers’ Meeting Plus (ADMM+) has proven effective in managing regional security, fostering dialogue, and enhancing cooperation to address emerging challenges, helping to maintain peace and stability in the Asia-Pacific.

Australian official lauds thriving partnership with Vietnam

Australian official lauds thriving partnership with Vietnam

Australian Assistant Minister for Citizenship and Multicultural Affairs Julian Hill suggested the two countries work closely on people-to-people exchange and promote tourism activities, noting with satisfaction the rapid increase in the number of Australian visitors to Vietnam and welcoming more Vietnamese tourists to the Australian shores.

Deputy Prime Minister and Foreign Minister Bui Thanh Son holds a telephone talks with Indonesian Minister of Foreign Affairs Sugiono on February 10. (Photo: VNA)

Vietnam, Indonesia seek deeper collaboration

Indonesian Minister of Foreign Affairs Sugiono affirmed that Indonesia highly values its strategic partnership with Vietnam and proposed that both sides continue to enhance substantial cooperation across all fields, including joint activities to celebrate the 70th anniversary of diplomatic relations (December 30, 1955 –2025).

Ambassador Dang Hoang Giang, head of Vietnam's permanent mission to the United Nations (UN), delivers a speech at the meeting. (Photo: VNA)

Vietnam begins term as UN Women Executive Board member

Ambassador Dang Hoang Giang, head of Vietnam's permanent mission to the United Nations (UN), on February 10 attended the annual session of the UN Women Executive Board as a newly elected member for the 2025-2027 term.

Sen. Lieut. Gen. Hoang Xuan Chien (R), Politburo member, member of the Standing Board of the Central Military Commission, and Deputy Minister of National Defence of Vietnam, and Kano Koji, Japan’s Vice Minister of Defence, at the 11th Vietnam-Japan defence policy dialogue in Fukuoka on February 10 (Photo: VNA)

Vietnam, Japan hold 11th defence policy dialogue

Vietnam is willing to cooperate with countries and international organisations for peace and development in the region and the world, said Sen. Lieut. Gen. Hoang Xuan Chien, Deputy Minister of National Defence.