Vietnam: Proposed changes to rules governing intellectual property
Rules concerning the law on intellectual property
Rules concerning the law on intellectual property
A pending draft law would amend and supplement the rules concerning the law on intellectual property.
The draft amendment to the intellectual property law includes a comprehensive revision of the legislation. For instance, the amendments would:
- Amend the copyright rules with an intention to assist authors and copyright owners in commercializing their intellectual assets
- Amend and supplement the rules regarding industrial property rights
- Allow online submissions of registration dossiers for copyright, copyright-related rights or filing a complaint
- Propose penalties and sanctions when there is a breach of intellectual property rights
Under the draft legislation, Vietnamese nationals and foreign enterprises (including branches, representative offices, and business locations of foreign enterprises) providing telecommunications services, internet, contents on cyberspace, information technology, cybersecurity, and cyberinformation security would be covered under the scope of the draft decree.
Read a November 2021 report [PDF 179 KB] prepared by the KPMG member firm in Vietnam
The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 3712, 1801 K Street NW, Washington, DC 20006.