Recently, the Government of Vietnam signed and issued Decree No. 18/2014/ND-CP prescribing the regime of royalties in the field of press and publication.
Currently, according to Decree No. 18/2014/ND-CP of Vietnam’s Government, subjects entitled to royalties and remuneration for publications include:
- Authors and copyright owners of publications who are paid royalties by agencies or organizations using these publications.
- Collectors and correctors of works, suppliers of works, documents and materials that are paid remuneration by agencies or organizations using the publications, including:
+ Folk art and literary works;
+ Documents of state agencies, political organizations, socio-political organizations, social organizations, socio-professional organizations and economic organizations, and translations of these documents.
- Editors who are paid remuneration by organizations or agencies using publications, depending on their contributions to the contents of manuscripts.
Also according to Decree No. 18/2014/ND-CP, royalties for publications shall, depending on genre, quality and quantity of publications, be paid according to the percentage (%) in the royalty bracket below:
More details can be found in Decree No. 18/2014/ND-CP of Vietnam’s Government, which takes effect from June 01, 2014.
Thu Ba
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