Technology transfer law to be revised hinh anh 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