The Da Nang People’s Council has just issued Resolution No 62 dated December 17, 2021 on stipulating the level of support for registration of intellectual property protection until 2030 in the city.

Specifically, VND30 million in funding will be given to each of objects in the registration of intellectual property protection and new plant variety protection.

Meanwhile, VND15 million from the city budget will be provided for each of applications in the registration for the intellectual property rights of industrial designs and trademarks.

As for trademark registration abroad, the city will give 60 million VND in funding for each of accepted applications and corresponding documents in line with the regulations of international organizations or the applicants' country. Any object which has received financial support from the State budget will not be eligible for receiving financial aid from the city.

In case of being beneficiaries of many support policies on the registration of intellectual property rights, organizations, individuals and enterprises may choose the suitable policy with the highest level of support.

Other issues related to support for the registration of intellectual property rights for trademarks, inventions, industrial designs, and new plant varieties in the city that are not specified in this Resolution shall comply with the provisions of Circular No. 75/2021/TT-BTC dated September 9, 2021 issued by the Ministry of Finance on financial management for the implementation of the Intellectual Property Development Programme by 2030.

The resolution will take effect from January 1, 2022.

Reporting by MAI QUE - Translating by M.DUNG