The Ministry of Science and Technology has released the Draft Law on Amendments and Supplements to the Intellectual Property Law (“Draft New IP Law”) for public consultation, reaffirming Vietnam’s determination to advance IP development.

The key proposed amendments include:

 • Commercial exploitation of intellectual property;
 • Simplification of IP-related procedures;
 • Stronger protection of IP rights; and
 • Enhanced adoption of international IP commitments and current trends.

Under the Draft, IP assets are defined as property rights attached to protected IP subject matter that can be commercially exploited and recorded in accounting books with determined values. Such assets may serve IP-based financial transactions, including capital contributions, loans, and mortgages. Tax privileges are introduced for income and profits derived from IP rights. A national database of legally traded IP rights will be established, together with detailed instructions on valuation methods.

The Draft also emphasizes the State’s strong commitment to IP protection by introducing new enforcement measures, particularly in the online environment. The maximum monetary compensation for business losses has been doubled to VND 1 billion, while compensation for damage to reputation has been increased fourfold, up to VND 200 million. Intermediary service providers will bear liability if they fail to comply with orders from state authorities during the handling of IP infringements.

The Draft further recognizes cable signals as copyrightable subject matter in line with CPTPP obligations and clarifies that IP rights must originate from human creativity, excluding AI-generated works from protection. It also introduces commercial mediation as an additional dispute resolution mechanism.

Overall, the Draft New IP Law reflects Vietnam’s effort to align with global IP trends and provide stronger protection for brand owners in the digital economy. The Draft is open for public comment until September 21 and is expected to be ratified in early 2026.