1.0Tilleke & Gibbinshttps://www.tilleke.comErichttps://www.tilleke.com/author/eric/Vietnam: Challenges in Recordal of Trademark Assignments - Tilleke & Gibbinsrich600338<blockquote class="wp-embedded-content" data-secret="egRk2OP3Ft"><a href="https://www.tilleke.com/insights/vietnam-challenges-in-recordal-of-trademark-assignments">Vietnam: Challenges in Recordal of Trademark Assignments</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.tilleke.com/insights/vietnam-challenges-in-recordal-of-trademark-assignments/embed/#?secret=egRk2OP3Ft" width="600" height="338" title="“Vietnam: Challenges in Recordal of Trademark Assignments” — Tilleke & Gibbins" data-secret="egRk2OP3Ft" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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The annual statistics issued by the Intellectual Property Office of Vietnam (“IP Office”) in recent years show an increase in the number of IP transactions and applications to establish IP rights, including requests for the recordal of assignment of IP rights. Nevertheless, the numbers of trademark assignment recordals approved by the IP Office has not followed this trend, falling from 1,281 requests approved in 2022 to 1,120 requests approved in 2023. This decrease may be due to the IP Office’s overly strict viewpoint in approving trademark assignments, including its rejection of assignment recordal on the ground of conflict with the assignor’s trade name. IP Office’s practice on assignment recordal Vietnam’s IP Law restricts the assignment of trademarks in several cases, as set out in Article 139.4 that “the assignment of the rights to marks must not cause confusion as to properties or origins of goods or services bearing such marks.”