Vietnamese patents average growth rate nears 10% a year in last decade
The average annual growth rate of patent applications and utility solutions was 9.8% per year in the last ten years with Vietnamese entities filling 7,560 applications, according to the Intellectual Property Office of Vietnam, while foreign entities filed a total of 60,517 patent applications.
Vietnamese scientists at a research centre at the Hanoi University of Pharmacy. (Photo: VNA)
Hanoi (VNS/VNA) - The average annual growth rate ofpatent applications and utility solutions was 9.8% per year in the last tenyears with Vietnamese entities filling 7,560 applications, according to theIntellectual Property Office of Vietnam, while foreign entities filed a totalof 60,517 patent applications.
According to a report by the office, in 2014, Vietnamese entitiesfiled only 487 patent applications compared to 3,960 by their foreigncounterparts. Last year, the number of applications filed by Vietnamese entitiesincreased to 991, while those filed by foreign entities rose to 8,469.
However, the total number of utility solutions filed by Vietnameseentities over the past decade was more than 1.3 times higher than those filedby foreign entities with an annual growth rate of 12% in comparison to the samefigure by foreign firms of 9.4%.
During the last ten years, Vietnamese entities filed a total of399,017 trademark registration applications, while foreign entities submittedonly 83,803 applications with the number of trademarks awarded to Vietnameseentities reaching 200,856, compared to 56,908 awarded to foreign entities, saidthe report.
Regarding applications for rights of use and ownership submittedover the past decade, from 2014 to 2023, there were 1,805 applications byindustrial property owners. There were also 11,757 applications for transfer ofownership by industrial property owners./.
The United States Patent and Trademark Office (USPTO) has recently recognised the exclusive patents in the US for two applications of the Viettel High Technology Industries Corporation (VHT) – a member of the Viettel Military Industry and Telecoms Group.
Promoting scientific research activities and developing high-level scientific and technological human resources in universities is considered an urgent matter in the context of the strong emergence of the 4th industrial revolution.
The Intellectual Property Office of Vietnam (IP Vietnam) under the Ministry of Science and Technology (MoST) reported that it has received more than 156,000 applications to establish industrial property rights of all kinds last year, a year-on-year increase of 11%.
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Since 2022, more than 500 Vietnamese startups have engaged in Google’s Startup Academy, Google for Startups Accelerator, and Google Startup Masterclass. Nearly 100 of these firms received support to develop and improve their products, benefiting more than 300,000 customers and creating over 300 new jobs through successful fundraising and team expansion amidst Vietnam’s competitive economy.
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The new centre, staffed by a team of scientists, researchers, and AI specialists working in Hanoi and Ho Chi Minh City, forms part of Qualcomm’s global AI research group.
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The organisers hope the competition will help shape a generation of exceptional engineers who will make significant contributions to Vietnam’s scientific and technological progress in this era of transformation.
In the digital age and amidst the Fourth Industrial Revolution, IP plays an increasingly critical role, not only in safeguarding inventions but also in reducing copyright infringement and curbing piracy.