This is one of the contents amended and supplemented by Decree No. 119/2010/NĐ-CP of Vietnam’s Government amending and supplementing a number of articles of Decree No. 105/2006/NĐ-CP detailing and guiding a number of articles of the Law on Intellectual Property regarding protection of intellectual property rights and state management of intellectual property.
According to Clause 10 Article 1 of Decree No. 119/2010/NĐ-CP of Vietnam’s Government, intellectual property assessment organizations and conditions for establishment thereof are specified as follows:
- Intellectual property assessment organizations include:
+ Enterprises established and operating under the law on enterprises;
+ Cooperatives and unions of cooperatives established and operating under the law on cooperatives;
+ Non-business units;
+ Law-practicing organizations established and operating under the law on lawyers, excluding subsidiaries of foreign law-practicing organizations, wholly foreign-owned limited liability law firms, limited liability law firms in the form of joint ventures between Vietnamese law-practicing organizations and foreign law-practicing organizations.
- Conditions for establishment of an intellectual property assessment organization:
+ Having at least one intellectual property assessor;
+ Having a working office, equipment and facilities;
+ Having a necessary database for assessment.
Moreover, an intellectual property assessment organization may conduct assessment only in operation areas it has registered.
View more details at: Decree No. 119/2010/NĐ-CP of Vietnam’s Government takes effect from February 20, 2011.
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