Vietnam: Law amending and supplementing the Law on Technology Transfer including technology transfer requirements enters into force

On 1 April 2026, the law amending and supplementing the Law on Technology Transfer (No. 07/2017/QH14) enters into force. The definition of technology transfer (Article 2) is amended to describe it as an activity involving the transfer of ownership or the right to use technology for practical application. Article 3 is amended to encourage foreign technology transfer to Vietnam through tax, land, credit, and investment incentives. Article 4 is amended to expand the scope of technology subject to transfer, to include models and algorithms, and to distinguish information from data. Article 7 (concerning technology transfer) is amended to specify that the technology transferee may develop, exploit, and improve the technology. It also specifies that in cases where technology is integrated with a product, ownership of the product does not automatically grant ownership of the technology. Ownership and usage rights of technology are established and protected by law, granting owners the right to transfer them and allowing users to transfer their usage rights with the owner's consent, with the scope of transfer covering both the right to use the technology and the right to further transfer that usage. Article 9 is amended to state that high technology investment is prioritised per the high technology law and to encourage the transfer of green technologies. The amended Article 44 stipulates that the Government will later provide specific guidance on subsidising marketing costs to encourage Vietnamese industries to transfer their technology abroad. All technology transfers require licensure, subject to approval by the Provincial People’s Committee. Clauses 2 and 6 of Article 2, which defined the terms "Technology" and "High technology," have also been repealed.