Decree No. 80/2010/ND-CP dated July 14, 2010 of the Government providing for foreign cooperation and investment in science and technology

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Decree No. 80/2010/ND-CP dated July 14, 2010 of the Government providing for foreign cooperation and investment in science and technology
Issuing body: GovernmentEffective date:
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Official number:80/2010/ND-CPSigner:Nguyen Tan Dung
Type:DecreeExpiry date:Updating
Issuing date:14/07/2010Effect status:
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Fields:Foreign affairs , Investment , Science - Technology
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Effect status: Known

 

THE GOVERNMENT
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom – Happiness

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No. 80/2010/ND-CP
Hanoi, July 14, 2010
 
 
DECREE
PROVIDING FOR FOREIGN COOPERATION AND INVESTMENT IN SCIENCE AND TECHNOLOGY
 
THE GOVERNMENT
 
Pursuant to the December 25, 2001 Law on Organization of the Government;
Pursuant to the June 9, 2000 Law on Science and Technology;
Pursuant to the November 29, 2005 Investment Law;
At the proposal of the Minister of Science and Technology,
 
DECREES:
 
Chapter I
GENERAL PROVISIONS
Article 1. Scope of regulation
1. This Decree provides for the forms, contents, competence and order of and procedures for foreign cooperation and investment in science and technology.
2. This Decree does not provide for the forms, contents, competence and order of and procedures for foreign cooperation and investment to establish universities, academies and colleges.
Article 2. Subjects of application
This Decree applies to Vietnamese organizations and individuals entering into cooperation and investment with foreign parties or making offshore investment in science and technology; and foreign organizations and individuals entering into cooperation and investment in science and technology in Vietnam.
Article 3. Application of international laws, treaties, foreign laws and international practices
1. Foreign cooperation and investment in science and technology comply with Vietnam's law on science and technology, investment law and other laws; for cooperation and investment activities in specific science and technology areas which are regulated by other laws, these laws prevail.
2. In case treaties to which Vietnam is a contracting party contain provisions which are different from those provided in this Decree, these treaties prevail.
3. Foreign organizations and individuals may agree on or request the application of foreign laws and international practices to activities of cooperation and investment with Vietnamese parties in science and technology, provided that these foreign laws and international practices are not contrary to fundamental principles of Vietnam's law.
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