What are Requirements for License Recordal in Vietnam?

A license agreement must at least includes the following contents:

Full name and address of the licensor and licensee;
Details of the subject to be licensed (information on granted trademark registration or patent);
Scope of the license including:
– type of license (exclusive or non-exclusive);
– object(s) of the license determined by the restrictions on the right to use and the restrictions on the industrial property object (patent for invention/utility model/industrial design or certificate of registration of trademark);
– territorial restriction (Vietnam or part of Vietnam);
– term of license (must be within the term of the patent for invention/utility model/ industrial design or of the certificate of registration of trademark; or the term the corresponding exclusive license if this is a sub-license);
In case of a sub-license, the license scope must fall within the license scope of the corresponding exclusive license.
Price of the license and term of payment;
Rights and obligations of each party;
Conditions for amendment, termination and invalidation of the agreement;
Method of settlement when complains or disputes arise;
Date and place of signing;
Signatures of the parties or of their authorized representatives with the full names, and positions of the signatories.

A Power of Attorney (PoA) from the applicant (assignor or assignee) (required at the time of filing);
Two original or certified copies of the agreement, including appendix or appendices (if any) and their Vietnamese translations;
A certified copy of the patent of invention/utility model/industrial design or certificate of registration of trademark. If the agreement to be approved is a sub-license agreement, it must be accompanied by a copy of the certificate of registration of the corresponding exclusive agreement;
A notarized copy of business license/investment license if the assignee is a Vietnamese entity.

Notes:

Recordal of license agreement with the Intellectual Property Office of Vietnam is not compulsory. However, to be enforceable with third parties, it must be recorded with the IP Vietnam;
Request for recordal should be filed within 60 days from the date of signing of the agreement;
Multiple page agreement must have signatures of both assignor and assignee on each page or all pages must be attested and marginally stamped;
For all applications including applications for patent, trademark and industrial design, Power of Attorney form just needs to be filled in and signed. Neither notarization nor legalization is required.
Power of Attorney can be submitted at a later date, but can not be later than 1 month from the filing date with surcharge.