How
to protect your trademark in Vietnam?
In Vietnam, trademark registration is the first step in
obtaining trademark protection. A trademark opposition may be filed to prevent
a mark application that is pending from being granted. Litigation is the last
option for resolving disputes involving trademark protection in Vietnam.
A trademark is a sign that helps separate one company's goods or
services from those of others. Products and services trademarks play a crucial
role in the expansion of the business, alongside patents and industrial
designs. A trademark connects a business and its clientele. Customers will be
more likely to use goods or services if the trademark is strong. The infringement
of a trademark is inevitable when the trademark is well-known and has
significant economic benefits from the sale of goods or services.
The owner of a trademark has two options for registration:
either directly register a trademark in Vietnam by
filling out a registration application with the Vietnam NOIP, or use Madrid's
system to seek protection in Vietnam. In accordance with Vietnam's intellectual
property law, the trademark owner must prepare, apply for registration, and pay
a fee for the first option. If a trademark needs to be protected in multiple
countries, such as Vietnam, the owner can register it using Madrid's system.
The trademark owner must assess the degree of infringement and
damage in each location where a trademark violation occurs in order to select
appropriate solutions. In the beginning, the owner of a trademark may protect
themselves by requiring the trademark violator to stop their violations,
apologise, and make amends. Owners of trademarks have the right to seek
compensation in the event of damage. If negotiations or mediation fail, the
trademark owner can use a settlement mechanism or submit a denunciation
application to the Vietnam NOIP and ask the appropriate state agencies to
handle acts of infringement. Acts of infringement may necessitate litigation.
In general, civil litigation proceedings are more complex than arbitration
proceedings. Civil litigation takes precedence when the trademark owner
requires a court decision to end trademark infringement. In the remaining
cases, arbitration is the better option because it is less expensive, takes
less time to settle, and is more adaptable.
The client company's competitive advantage is heavily reliant on
trademarks. Through trademark registration, oppositions, and other trademark
protection resolutions in Vietnam, ANT Lawyers' IP service in Vietnam assists
you in securing protection for these priceless intellectual assets.
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