Myanmar’s long-awaited Trademark Law was signed into law on January 30, 2019, establishing the framework for a comprehensive trademark registration system open to both foreign and domestic trademark owners.Once the administrative bodies and enabling legislation to support this system are in place, all existing trademark owners who have recorded their rights under Myanmar’s old system will have to file new applications to protect their marks under the new law.Overview of the New Law

Following the United States’ high-profile withdrawal from the Trans-Pacific Partnership (TPP) in 2017, the remaining members agreed to move forward with a revised trade agreement called the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, or CPTPP. The CPTPP came into force on 30 December 2018 between the first six signatories, Australia, Canada, Japan, Mexico, New Zealand, and Singapore. Vietnam, the seventh country to ratify the new agreement, officially joined the CPTPP on 14 January 2019.

Lawyers from Tilleke & Gibbins’ intellectual property team in Hanoi have written the Vietnam chapter of Practical Law’s IP in Business Transactions Global Guide, a high-level comparative overview of intellectual property laws and regulations across 34 jurisdictions.IP in Business Transactions focuses on business-related aspects of intellectual property, such as the value of intellectual assets in M&A transactions, and the licensing of IP portfolios. The topics covered include the following:

When Vietnam began to open its market in the late 1980s, there were few cars on its roads. Over time, as the country’s economy entered a period of rapid growth, the number of cars grew accordingly. While that number has steadily risen, car ownership in Vietnam is still low by world standards, with only about 23 cars per 1,000 people. However, that rate is only expected to increase in the coming years as per capita income continues to rise.