Vietnam's intellectual property policies

The Law Amending and Supplementing a Number of Articles of the Law on Intellectual Property in 2009 was issued on June 19, 2009. This Law has amended several articles of the Law on Intellectual Property 2005 of Vietnam, one of which is the amendments to the State's intellectual property policies.

Hoàn thiện cơ chế, chính sách về sở hữu trí tuệ | Báo Lạng Sơn

Specifically, according to Clause 4 Article 1 of the Law Amending and Supplementing a Number of Articles of the Law on Intellectual Property in 2009 amending Article 8 of the Law on Intellectual Property 2005 of Vietnam, State's intellectual property policies are as follows:

1. To recognize and protect intellectual property rights of organizations and individuals on the basis of harmonizing benefits of intellectual property rights holders and public interests; not to protect intellectual property objects which are contrary to social ethics and public order and prejudicial to defense and security.

2. To encourage and promote the creation and utilization of intellectual assets in order to contribute to socio-economic development and improvement of the people's material and spiritual life.

3. To provide financial support for the receipt and exploitation of assigned intellectual property rights in public interests; to encourage organizations and individuals at home or abroad to provide financial aid for creative activities and the protection of intellectual property rights.

4. To prioritize investment in training and retraining the contingent of cadres, civil servants, public employees and other relevant subjects engaged in the protection of intellectual property rights and the research into and application of sciences and technologies to the protection of intellectual property rights.

5. To mobilize social resources for investment in raising the capacity of the system to protect intellectual property rights, thereby meeting requirements of socio-economic development and international economic integration.

View more details at the Law Amending and Supplementing a Number of Articles of the Law on Intellectual Property in 2009 effective from January 01, 2010.

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