Vietnam sees remarkable surge in ‘Make in Vietnam’ creations

The Intellectual Property Office of Vietnam (IPO) at the Ministry of Science and Technology received over 156,000 applications in 2023 seeking various industrial property right protections, representing an 11% increase compared to 2022.

There was a 10.6% increase in patent application registrations, and an 11.8% increase in industrial design registration applications.

In the context of the Fourth Industrial Revolution, the issue of intellectual property rights is not only important in Vietnam but also in many other countries around the world.

A series of guidelines for implementing the Law on Intellectual Property were introduced in 2023.

This has made the process of obtaining protection titles or trademark registration certificates much more convenient than previously.

“Make in Vietnam” is an initiative launched by the Ministry of Information and Communications in 2019, aiming to promote the development of the domestic ICT industry.

It calls on businesses to design, create, and manufacture products in Vietnam instead of outsourcing them, to help resolve the country’s problems and boost its global presence./.

VNA