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What is a trade secret?

26/10/2021


Pursuant to Clause 23, Article 4 of the Law on Intellectual Property 2005, as amended in 2009.

A trade secret i is information obtained from financial and intellectual investment activities, which has not been disclosed and is capable of being used in business. This is considered a very important factor affecting the business activities of a business.

The owner of a trade secret i is an organization or individual that legally obtains a business secret and keeps that trade secret confidential.

For cases, the trade secret that the employee or the assignee obtains in the course of performing the hired or assigned work is owned by the lessee or the assignor, except unless otherwise agreed by the parties.