Conditions for intellectual property assessment organizations in Vietnam

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.

Tổ chức giám định sở hữu trí tuệ, Nghị định 119/2010/NĐ-CP

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.

Nguyen Phu

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