[null] What is trade secret according to the law in Vietnam? What are acts of infringement of the right to trade secrets in Vietnam? What are the fines for misappropriation of trade secrets in Vietnam?

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What is trade secret according to trực tiếp bóng đá k+ law in Vietnam? What are trực tiếp bóng đá k+ fines for misappropriation of trade secrets in Vietnam?

What is trade secret according to trực tiếp bóng đá k+ law in Vietnam? What are acts of infringement of trực tiếp bóng đá k+ right to trade secrets in Vietnam? What are trực tiếp bóng đá k+ fines for misappropriation of trade secrets in Vietnam?

What is trade secret according to trực tiếp bóng đá k+ law in Vietnam?

Pursuant to Clause 23 Article 4 of trực tiếp bóng đá k+ Law on intellectual property in 2005 (amended by Clause 2 Article 1 of trực tiếp bóng đá k+ Law on amendments to trực tiếp bóng đá k+ Law on intellectual property in 2009) stipulating trade secret:

Interpretation of terms

In this Law. trực tiếp bóng đá k+ terms below are construed as follows:

...

23. Trade secret means information obtained from financial or intellectual investment activities, which has not yet been disclosed and can be used in business.

...

As regulated above, trade secret means information obtained from financial or intellectual investment activities, which has not yet been disclosed and can be used in business.

 trực tiếp bóng đá k+

What is trade secret according to trực tiếp bóng đá k+ law in Vietnam? What are trực tiếp bóng đá k+ fines for misappropriation of trade secrets in Vietnam? - image from internet

What are acts of infringement of trực tiếp bóng đá k+ right to trade secrets in Vietnam?

Pursuant to Article 127 of trực tiếp bóng đá k+ Law on intellectual property in 2005 stipulating acts of infringement of trực tiếp bóng đá k+ right to trade secrets in Vietnam:

Acts of infringement of trực tiếp bóng đá k+ right to trade secrets

1. trực tiếp bóng đá k+ following acts shall be deemed infringements of trực tiếp bóng đá k+ right to trade secrets:

(a) Accessing or acquiring information pertaining to a trade secret by taking acts against secrecy- keeping measures applied by lawful controllers of such trade secret;

(b) Disclosing or using information pertaining to a trade secret without trực tiếp bóng đá k+ permission of trực tiếp bóng đá k+ owner of such trade secret;

(c) Breaching secrecy-keeping contracts or deceiving, inducing, buying off, forcing, seducing or abusing trực tiếp bóng đá k+ trust of persons in charge of secrecy-keeping in order to access, acquire or disclose a trade secret;

(d) Accessing or acquiring information pertaining to trực tiếp bóng đá k+ trade secret of an applicant for a licence for trading in or circulating products by taking acts against secrecy-keeping measures applied by competent bodies;

(dd) Using or disclosing trade secrets, while knowing or having trực tiếp bóng đá k+ obligation to know that they have been acquired by others engaged in one of trực tiếp bóng đá k+ acts stipulated in sub-clauses (a), (b), (c) or (d) of this clause;

(e) Failing to perform trực tiếp bóng đá k+ secrecy-keeping obligation stipulated in article 128 of this Law.

2. Lawful controllers of trade secrets defined in clause 1 of this Article include owners of trade secrets, their lawful licensees and managers of trade secrets.

As regulated above, trực tiếp bóng đá k+ following acts shall be deemed infringements of trực tiếp bóng đá k+ right to trade secrets:

- Accessing or acquiring information pertaining to a trade secret by taking acts against secrecy- keeping measures applied by lawful controllers of such trade secret;

- Disclosing or using information pertaining to a trade secret without trực tiếp bóng đá k+ permission of trực tiếp bóng đá k+ owner of such trade secret;

- Breaching secrecy-keeping contracts or deceiving, inducing, buying off, forcing, seducing or abusing trực tiếp bóng đá k+ trust of persons in charge of secrecy-keeping in order to access, acquire or disclose a trade secret;

- Accessing or acquiring information pertaining to trực tiếp bóng đá k+ trade secret of an applicant for a licence for trading in or circulating products by taking acts against secrecy-keeping measures applied by competent bodies;

- Using or disclosing trade secrets, while knowing or having trực tiếp bóng đá k+ obligation to know that they have been acquired by others engaged in one of trực tiếp bóng đá k+ acts stipulated above;

- Failing to perform trực tiếp bóng đá k+ secrecy-keeping obligation.

What are trực tiếp bóng đá k+ fines for misappropriation of trade secrets in Vietnam?

Pursuant to Article 16 of trực tiếp bóng đá k+ Decree 75/2019/ND-CP stipulating misappropriation of trade secrets in Vietnam:

Misappropriation of trade secrets

1. A fine ranging from VND 200,000,000 to VND 300,000,000 shall be imposed for committing one of trực tiếp bóng đá k+ following violations:

a) Accessing or obtaining trade secrets by taking actions against security measures adopted by trực tiếp bóng đá k+ older of such trade secrets;

b) Disclosing or using trade secrets without trực tiếp bóng đá k+ permission of trực tiếp bóng đá k+ holder of such trade secrets.

2. Additional penalties:

a) trực tiếp bóng đá k+ exhibits and instrumentalities for committing trực tiếp bóng đá k+ administrative violation shall be confiscated;

b) Profits illegally obtained from trực tiếp bóng đá k+ administrative violation shall be confiscated.

As regulated above, trực tiếp bóng đá k+ violators who commit trực tiếp bóng đá k+ act of misappropriation of trade secrets shall be fined from VND 200,000,000 to VND 300,000,000.

trực tiếp bóng đá k+ exhibits and instrumentalities for committing trực tiếp bóng đá k+ administrative violation shall be confiscated. Profits illegally obtained from trực tiếp bóng đá k+ administrative violation shall be confiscated.

Note: trực tiếp bóng đá k+ maximum fine specified above is trực tiếp bóng đá k+ penalty applied to organizations for their violation. For individuals committing trực tiếp bóng đá k+ same administrative violation in terms of competition, trực tiếp bóng đá k+ maximum fine is equal to half of trực tiếp bóng đá k+ maximum fine imposed on organizations (Clause 7, Article 4 of trực tiếp bóng đá k+ Decree 75/2019/ND-CP).

Best regards!

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