The most significant announcement in
Vietnam's trademark and intellectual property sector for 2026 is the official
implementation of the 2025 Amended Intellectual Property Law (Law No.
131/2025/QH15) on April 1, 2026. This amendment represents
Vietnam's most extensive legal reform in recent years, aimed at aligning
domestic laws with international standards such as the CPTPP and EVFTA.
This reform significantly accelerates the registration process and introduces a
“Fast-track Examination” option for the first time.
Latest News and Announcement Highlights:
1. Significant Reduction in Trademark
Registration Time
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Substantive Examination: The current goal is to shorten
the duration of substantive examination from 9 months to 5 months.
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Opposition Period: The deadline for filing an opposition against a
published application has been reduced from 5 months to 3 months.
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Fast-track Examination: Applications meeting specific criteria can now
expect to complete examination within 3 months. This measure
applies only to goods or services involving strategic technologies or
those with urgent regulatory needs.
2. Updates to Trademark Legal Definitions
and Scope of Protection
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New Definition and Protection for Well-Known Trademarks: The definition of a well-known
trademark has been revised to “widely known by the relevant public within
Vietnam”, replacing the previous strict requirement of being “known by all
consumers”. This increases flexibility in recognition. Furthermore,
protection is no longer limited to the specific industry of the well-known
trademark. Even for unrelated goods or services, the trademark owner can
claim infringement and cancel a registration if such use damages the
reputation of the well-known trademark.
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Bad Faith Squatting: The new law explicitly establishes “bad faith”
as a legal ground for rejecting a trademark application or canceling an
existing registration.
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Non-Traditional Trademarks: There is continued strengthening of
protection and practical examination for non-traditional trademarks, such
as sound marks.
3. Strengthening of Enforcement
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Doubling of Statutory Damages Ceiling: In cases where the trademark owner
cannot prove actual material loss, the maximum statutory damages the court
can award has been increased from 500 million VND to 1 billion VND (approximately
$38,000 USD).
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Robust Online Preliminary Injunctions: The judiciary is now empowered to
mandate the removal or blocking of infringing digital
content, user accounts, websites, or applications. These injunctions can
be executed as preliminary measures before a final judgment to prevent
further economic losses.
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Expansion of Administrative Sanctions: The new law officially incorporates
the “storage” of counterfeit goods as an infringing act. This means
enforcement agencies can now take action against warehouses, logistics
centers, and fulfillment centers, rather than being limited to production
or sales points.
4. Assetization of Trademarks
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Statutory Asset Status: The new legislation formally categorizes intellectual
property, including trademarks and patents, as tradable and
assessable commercial property, permitting their inclusion on
corporate balance sheets.
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Legalization of Collateralized Financing: The law establishes a clear
mechanism enabling enterprises to utilize registered trademarks as collateral
for bank loans or as in-kind capital contributions for
the incorporation or capital increase of a company.
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Maximization of Commercial Returns: The strategic policy focus has
shifted toward incentivizing the generation of sustainable cash flow
through brand licensing and asset transfers.
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Establishment of a Valuation Framework: The government implementing a
professional intellectual property valuation system and national
database to resolve historical challenges where intangible assets were
difficult to appraise, thereby facilitating bank lending.
The new framework signifies
a strategic transition of Vietnamese trademarks from mere defensive instruments
to a tangible asset system that enhances corporate financing capabilities.