Firms urged to use patents to protect intellectual property
Vietnamese firms should take advantage of the international Patent Cooperation Treaty (PCT) system to increase the value of their brand names and protect their intellectual property rights, experts have urged.
HCM City (VNA) - Vietnamesefirms should take advantage of the international Patent Cooperation Treaty(PCT) system to increase the value of their brand names and protect theirintellectual property rights, experts have urged.
Speaking at a seminar held recently in HCM City, Phan NganSon, deputy director of the Intellectual Property (IP) Office of Vietnam, saidthat only about 10 Vietnamese have filed applications abroad through Vietnam’sPCT system each year since 1993 when the country joined the PCT system.
Even the Vietnam Academy of Science and Technology, which has more than 3,500 officers, including 237 professors and associate professorsand more than 953 people with doctoral degrees, has not hadsubmitted international patent applications except for those filed asco-authors with foreign colleagues.
Nguyen Hong Quang from the Institute of Physics under the Vietnam Academy of Science and Technology, said that inventors have doubts aboutbeing accepted abroad and are not aware of the long-term benefits of applyingfor a patent abroad or the funding available to pay for the applications.
He recommended that the State issue a policy to supportintellectual property protection and technology commercialisation, especially afinancial policy to support businesses.
Anjali Aeri, counselor at the PCT Legal and InternationalAffairs Department under the World Intellectual Property Organisation (WIPO), said by filing only one application under the PCT with thenational office of Vietnam, or with the international bureau of WIPO, theVietnamese applicant obtains the effect of a regularly filed national orregional patent application for all 152 PCT contracting states.
A Vietnamese applicant would be entitled to a 90 percentreduction of certain PCT fees for international applications filed under thePCT, according to Aeri.
In addition, use of the patent and PCT system can be seen asan engine for technology transfer.
The seminar was organised by WIPO in collaboration with theVietnam Intellectual Property Office.-VNA
The market management force of Vietnam is committed to strictly handling violations of intellectual property (IP) rights so as to create an optimal environment for foreign investors, including those from the Republic of Korea (RoK), an official of the Ministry of Industry and Trade (MoIT) has said.
Legal frameworks, policies on intellectual property rights and cyber security were topics of interest for enterprises, especially foreign-invested companies, at the Vietnam Business Forum (VBF) 2018.
A workshop on the role of intellectual property (IP) in promoting socio-economic development was jointly held by the Ministry of Science and Technology and the World Intellectual Property Organization (WIPO) in Hanoi on May 9.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
At the seminar (Photo: VNA) 
