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Jul 23, 2020 (Newsletter Issue 12/20)
Vietnam
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Official Fees Reduced Temporarily


On May 26, 2020, in response to the COVID-19 pandemic, Vietnam’s Ministry of Finance issued Circular No. 45/2020/TT-BTC on the reduction of fees for registration of foreign QR codes as well as certain industrial property fees. Accordingly, the industrial property fees listed in Section A of the schedule promulgated with Circular No. 263/2016/TT-BTC of the Ministry of Financeare temporarily reduced by 50% from May 26 until the end of 2020, returning to the old levels on January 1, 2021.

Specifically, the following fees are subject to the 50% reduction:
- Filing fees for applications (including divisional applications and converted applications);
- Fees for requesting an extension of time to respond to the IP Office’s notifications;
- Fees for issuance of protection titles;
- Fees for issuance of certificates of recordal of IP license agreements;
- Annuities for patents for inventions/utility solutions and renewal fees for trademark registration certificates and patents for industrial designs;
- Fees for late payment of annuities/late filing for renewal;
- Fees for requests for invalidation/termination of protection titles;
- Fees for issuance of IP agent practicing certificates, publication and recordal into National Registry.

The range of fee savings is about USD 2 to USD 9.

Source: www.tilleke.com