Vietnam: Amended IP Law sees significant changes to IP ownership & enforcement

Vietnam’s National Assembly ratified the Amended Intellectual Property Law (“Amended IP Law") on 16 June 2022. As the most significant set of amendments (compared to those of 2009 and 2019) since the IP Law was promulgated in 2005, the Amended IP Law features updates to over 100 articles. The Amended IP Law will take effect on 1 January 2023 ("Effective Date") save for some provisions (e.g., provision on sound marks protection takes effect on 14 January 2023; provisions on protection of test data for agricultural chemicals take effect on 14 January 2024).