ANT Law

Licensing of industrial property subject in general or of trademark in specific is regulated in Intellectual Property law. Accordingly, in trademark licensing, the owner (licensor) grants permission to another (licensee) to use that trademark on mutually agreed terms and conditions. The must be established in written form to avoid dispute in  trademark licensing in Vietnam . Trademark licensing in Vietnam Accordingly, licensing of trademark includes the following types: exclusive contract, non-exclusive contract; sub-license contract. Firstly, exclusive contract means a contract under which, within the licensing scope and term, the licensee shall have the exclusive right to use the licensed trademark while the licensor may neither enter into any trademark license contract with any third party nor, without permission from the licensee, use such trademark. Secondly, non-exclusive contract means a contract under which, within the licensing scope and term, the licensor shall st...