The National Office of Intellectual Property and WIPO signed a Memorandum of Understanding on cooperation in the field of intellectual property.

The Memorandum of Understanding opens a new chapter of cooperation between the two sides in the field of intellectual property, especially in the world trend of shifting from protection to commercialization of intellectual property rights.

On the morning of September 25 at the headquarters of the Ministry of Science and Technology (Hanoi), the National Office of Intellectual Property and the World Intellectual Property Organization (WIPO) signed a Memorandum of Understanding on cooperation in the field of intellectual property.

Accordingly, Mr. Daren Tang - Director General of WIPO and Mr. Luu Hoang Long - Director General of the National Office of Intellectual Property (Ministry of Science and Technology) signed an agreement covering all areas of cooperation on intellectual property, from building policies and laws on intellectual property to raising awareness, training human resources, supporting businesses and improving capacity for the National Intellectual Property Office.

The objective of this Memorandum of Understanding (MoU) is to cooperate in priority areas, of initiatives and outcomes to support Vietnam in achieving its goals of breakthrough development in science, technology, innovation and national digital transformation.

The parties agreed on priority areas for implementation including: Supporting the review, development and enforcement of laws, strategies and action plans on intellectual property at the national level; promoting the effective operation and use of international registration systems for intellectual property in Vietnam; enhancing the capacity of intermediary organizations, small and medium enterprises, and start-ups in managing, protecting and commercializing intellectual property.

In addition, the two sides also promote the creation and commercialization of domestic intellectual property, including promoting cooperation between universities and enterprises, technology transfer, conducting research on intellectual property, including research on building indicators to measure the contribution of intellectual property to socio -economic development; expanding intellectual property training at all levels, developing professional skills and providing reference materials and resources for propaganda, raising public awareness of intellectual property; improving the capacity and efficiency of the apparatus organization, applying digital solutions and artificial intelligence in appraisal work, supporting the establishment of an intellectual property dispute resolution mechanism, including a mediation mechanism, for the National Office of Intellectual Property.

Witnessed by the Minister of Science and Technology, this Memorandum of Understanding will open a new chapter of cooperation between Vietnam and WIPO in the field of intellectual property. (Photo: Minh Son/Vietnam+)

The focal point for implementing this Memorandum of Understanding on the Vietnamese side is the National Office of Intellectual Property. This agency will invite or designate third parties or relevant parties in Vietnam to participate in implementing this Memorandum of Understanding when necessary. The focal point for implementing this Memorandum of Understanding on the WIPO side is the Asia and Pacific Division of the Development Cooperation Division, Regional and National Development Sector, and this agency will coordinate closely with other relevant WIPO sectors when necessary.

The event is within the framework of the program of visiting and working in Vietnam by Mr. Daren Tang - Director General of WIPO at the invitation of the Ministry of Science and Technology to expand cooperation in the field of intellectual property and innovation.

This Memorandum of Understanding will open a new chapter of cooperation between Vietnam and WIPO in the field of intellectual property, especially in the world trend of shifting from protection to commercialization of intellectual property rights, while also affirming the guiding and leading role of the Ministry of Science and Technology in the field of intellectual property in the new period./.

Source: https://www.vietnamplus.vn/cuc-so-huu-tri-tue-cung-wipo-ky-ket-ban-ghi-nho-hop-tac-linh-vuc-so-huu-tri-tue-post1063956.vnp