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The invention increases rapidly but the commercialization rate is modest, making many intellectual property has not been promoted. This fact sets a stronger legal framework, so that intellectual property is not only protected but also exploited and commercialized, turning creative knowledge into national wealth. The Deputy Head of the Central Policy and Strategy Department Pham Dai Duong spoke at the Workshop - Photo: VGP/TGNAY 3/10, in Hanoi, the Central Policy and Strategy Department in collaboration with the Ministry of Science and Technology organized a seminar Legal framework and policies on commercialization of intellectual property rights - new motivation for economic growth. Speaking at the seminar, Mr. Pham Ocean, Member of the Party Central Committee, Deputy Head of the Central Policy and Strategy Department said that the Politburos Resolution on the breakthrough on science and technology development, innovation and transformation of the national digital and plan 01 on the strategic action to implement Resolution 57 emphasized the issue of intellectual property. It has been affirmed that it is necessary to create a favorable environment and effective mechanism for the protection, exploitation and commercialization of intellectual property and strongly promote technology transfer activities between research institutes, schools and enterprises. On October 1, a speech at the National Innovation Festival 2025, General Secretary To Lam emphasized: Which country goes ahead of science - technology, innovative innovation will take advantage of strategic competition and advance quickly, far away; AI innovation will be left behind. No country can take off with low innovation and innovation. Creativity, intellectual property issues are particularly important. Not only protecting creative results, creating motivation for R&D, intellectual property also creates a bridge to transfer technology from the laboratory to the market, turning knowledge into goods through the commercialization of intellectual property. Deputy Minister of Science and Technology Hoang Minh spoke at the Workshop - Photo: VGP/TG Causing a strong legal framework for commercialization of intellectual property rights to commercialize intellectual property really becomes a motivation for development, Mr. Pham Dai Duong said that it is necessary to solve many problems. First of all, the legal framework must catch up with the global trend, creating a clear and stable legal corridor for the subjects. In addition, it is necessary to remove the bottlenecks of pricing, credit, taxes and financial preferential policies ... Vietnam must also consider choosing the model of intellectual asset trading floor, financial sandbox and specialized investment fund suitable to domestic conditions. The close coordination between the State, schools, businesses, banks, investment funds and intermediaries is also an essential factor. Change at the workshop, Deputy Minister of Science and Technology Hoang Minh said that the Government has assigned the Ministry of Science and Technology to lead and urgently review the regulations on intellectual property, timely research and propose plans to amend and supplement the current policies and policies in the policies. Support the creation and commercial exploitation of intellectual property rights subjects to promote innovation. The Chief Hoang Minh cited the international trend showing that developed countries have shifted strongly from protective protection to exploitation and commercialization of intellectual property rights and significantly contributing to the development of major economies in the world.In the EU, in the period of 2017 - 2019, the US -sidewalks have contributed 45% of the US GDP, 41% of the US GDP, 45% 2019 and South Korea are 43.1% in 2015. In addition, the financial and credit system based on intellectual property rights is increasingly popular. In particular, China is the largest financial market based on the worlds largest intellectual property, with a comprehensive intellectual property ecosystem, helping about 37,000 small and medium -sized enterprises through patent and trademark mortgage, with the sponsorship value reaching about 854 billion yuan in 2023. According to the highlight of the Global Invisible Investment Investment of the World Intellectual Property Organization (WIPO), in the period of 2008 - 2023, investing in intangible assets increased nearly four times compared to investment in tangible assets; Particularly in the United States, this investment value is equivalent to about 15% of GDP in 2024. The seminar The legal framework and policies on commercialization of intellectual property rights - new economic growth motivation - Photo: VGP/TGT Dia Vietnam, the number of inventions and useful solutions of Vietnamese people increases an average of 11.7% per year in the period of 2014-2024. This is a positive signal, reflecting the growing creative potential of Vietnamese people. However, the reality shows that commercialization activities are still very limited, the reason from many different aspects, in which the legal framework is presentBut, despite creating a protective foundation, it is not strong enough to promote application and commercial exploitation. transparent for capital contribution, transfer, valuation and mortgage, and at the same time encourage the formation and development of intermediaries such as exchanges, technology transfer offices, intellectual property valuation organization. The provisions are proposed to amend and supplement on the basis of reference to international experience and analyze Vietnamese practical conditions. The terms are designed not only to resolve immediate shortcomings, but also aim to create a legal framework that is likely to adapt in the long term, especially in the context of rapidly changing technology. At the workshop, the Director of the Intellectual Property Department (Ministry of Science and Technology) Luu Hoan
