Vietnam reduces IP filing fee for pandemic-affected businesses, individual

On June 29, 2023, Vietnam’s Minister of Finance issued Circular No. 44/2023/TT-BTC which reduces the collection rates for 36 fees and charges in the country from 10 to 50 percent.

The objective of Circular No. 44 is to help individuals and businesses in Vietnam, which continue to struggle amid the challenges posed by the Covid-19 pandemic.