New Decree on IP Sanctions a Small Step Forward in Vietnam

On December 30, 2021, Vietnam’s Ministry of Science and Technology (MOST) issued Decree No. 126/2021/ND-CP (Decree 126) amending several provisions of Decree No. 99/2013/ND-CP of the government dated August 29, 2013 (Decree 99), which is the primary legislation on the sanctioning of administrative violations in industrial property. Decree 126 took near-immediate effect with the new year on January 1, 2022.