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- 04 / 08 / 2019 -
Deceptive enterprises receiving technology transfer incentives are fined up to VND 40 million

On June 13, 2019, the Government issued Decree No. 51/2019/ND-CP stipulating penalties for administrative violations in scientific and technological activities and technology transfer. The Decree takes effect from August 1, 2019.
Accordingly, the Government still retains the maximum fine level in scientific and technological activities, technology transfer for individuals is 50 million VND, with organizations of 100 million VND. However, with new penalties will increase with each specific violation. For cases of fraudulent or deceitful acts to receive the State’s supports and preferences under the relevant technology transfer law, the maximum fine level shall be VND 40 million, increased VND 10 million compared to current regulations.
In case individuals commit acts of technology transfer from Vietnam to foreign countries or from abroad into Vietnam on the list of technologies banned from transfer, they shall be subject to a maximum fine of VND 50 million.
For acts of violation that occurred before August 1, 2019, which were later discovered or being considered and settled, the regulations on benefits for organizations and individuals shall apply.
The new regulation of the Government has enhanced the responsibilities of organizations and individuals when committing acts of violation in scientific and technological activities, technology transfer, further improving the construction of a healthy environment in this field.