The Da Nang People's Committee has just approved the city's Intellectual Property Development Programme by 2030.

By 2025, support will be given to at least 120 objects in the registration of intellectual property protection; at least 50% of the total products will be ‘One Commune, One Product’ (OCOP), science and technology (S&T), typical commercial, rural industrial and supporting ones.

The number of applications for the registration of patents, industrial designs, trademarks and plant varieties in the 2021 - 2025 period is expected to increase by about 1.5 times as compared to the 2016 - 2020 period, in which the number of applications for registration brands will go up by an average of 10%/year.

By 2030, the rate of commercial exploitation of inventions will have reached at least 10% of the number of patents granted with protection titles, and more than 90% of the total products will be OCOP, S&T, typical commercial, rural industrial and supporting ones.

The estimated funding from S&T development sources to implement the task of developing intellectual property in the 2022 - 2025 period is about VND 20.1 billion.

Reporting by MAI QUE – Translating by A.THU