The World Intellectual Property Organisation (WIPO) and the Intellectual Property Office of Vietnam have signed an MoU on complete cooperation in mental property (IP).
The signing came about in Hanoi on September 25 below the witness of Minister of Science and Technology Nguyen Manh Hung as a part of a go to by WIPO director basic Daren Tang.
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| Vietnam and WIPO signed a cooperation agreement in Hanoi. Photo: MST |
The MoU goals to assist coverage and legislation making, human useful resource coaching, consciousness elevating, and enterprise assist to develop mechanisms for the commercialisation of IP.
According to the agreement, the 2 sides will deal with precedence areas together with perfecting the authorized framework and IP technique; enhance using the worldwide registration system; supporting small- and medium-sized enterprises and startups; selling cooperation between universities and companies; increasing coaching and propaganda on IP; making use of digital and AI in appraisal; and supporting dispute decision mechanisms.
The MoU is predicted to open a interval of extra substantial and intensive cooperation between Vietnam and WIPO, particularly within the context of the worldwide development shifting from safety to commercialisation of IP rights.
At the assembly, Minister Hung emphasised that after escaping poverty and turning into a middle-income nation, Vietnam is getting into the third stage of growth, aiming to develop into a high-income nation, based mostly on the inspiration of science and know-how, innovation, and digital transformation. In this course of, IP performs a very vital function.
According to the minister, within the trio of sci-tech, innovation, and digital transformation, Vietnam considers innovation as the main target. The growth perspective is outlined as “innovation for all people”, so each citizen can begin a enterprise, and produce and do enterprise based mostly on digital know-how, scientific data, and creativity.
Based on the orientation, the minister proposed that WIPO assist Vietnam in constructing a patent map for 11 strategic know-how teams accepted in June. This is taken into account a key step, serving to Vietnam shortly grasp know-how and encourage analysis and growth (R&D), thereby realising the purpose of turning into a developed, high-income nation based mostly on data and innovation.
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| Minister of Science and Technology Nguyen Manh Hung and WIPO director basic Daren Tang on the assembly in Hanoi on September 25. Photo: MST |
Minister Hung additionally requested WIPO to advise Vietnam on the structure of a digital platform for IP administration, based mostly on the improve of the IPAS software program at the moment operated by the Intellectual Property Office of Vietnam. The minister stated that Vietnam desires a platform that’s each worldwide and appropriate for home traits. When the system is accomplished, Vietnam is dedicated to sharing it with different nations via WIPO, contributing to widespread growth.
Another vital proposal was for WIPO to assist Vietnam construct a system to measure the impacts of innovation on financial progress. According to the minister, that is the important thing to encourage nations to enhance funding in R&D. Vietnam additionally said its readiness to take part in testing new WIPO initiatives to promote innovation globally.
In response, the WIPO director basic congratulated Vietnam on its outstanding achievements in innovation. In only one decade, Vietnam has risen 32 locations within the Global Innovation Index, from 76th in 2013 to 44th at the moment. Tang stated that Vietnam is a typical mannequin, proving that IP and innovation could be profitable even in growing and rising nations.
Tang additionally extremely appreciated initiatives from Vietnam, together with the implementation of the Provincial Innovation Index, an initiative that many nations reminiscent of India, Cuba and Brazil are all in favour of studying. Regarding the proposal to create a patent map, he stated it is a “powerful tool” and revealed that WIPO is growing a worldwide neighborhood on this discipline.
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