According to the National Office of Intellectual Property under the Ministry of Science and Technology, the accreditation of Vietnamese rubber trademarkcame after two years of administrative procedures. The trade mark covers 11 products classified into three categories – natural rubber, industrial rubber and rubber-wood.
Six businesses have been received the trademark certification, including Phuoc Hoa, Dong Nai, Hang Gon and Dau Tieng rubber companies.
Deputy Minister of Agriculture and Rural Development Ha Cong Tuan stressed that products with Vietnamese rubber labels reflect commitments to quality standards of domestic producers, which would provide stronger safeguards for Vietnamese exported goods.
Currently, the Vietnam Rubber Association has registered for intellectual property of the Vietnamese rubber products in the Indian, Chinese and Taiwanese markets and will continue procedures to legalize the trademark in other markets.
Vietnam’s rubber industryfaced a tough year in 2016 due to low global demand, high inventory levels and dropping prices of natural rubber products.However, the industry has secured its second place in plantation productivity and third in output and exports worldwide.
