Trademark Registration
is a legal protection for your Brand name which can not be copied by any other
party Legally. If in case they copy that brand then through the Rights under
Intellectual Property Act. The owner of the Trademark can recover the whole profit
earned with the name of Registered Trademark.
Rest following are the
Advantages of Trademark Registration.
1.Exclusive Identification:
A trademark helps your
consumers & audience to identify uniquely the product & service
provided by you. It builds up an image in the marketplace. It becomes the face
of the company by which your products and services are recognized.Registering
your trademark also ensures that you are the only owner of that particular
symbol, logo, name, etc. and can't be misused by any other trader.
2.Legal protection:
It delivers certain
legal protections to the proprietor and once the trademark is registered the
owner has the power to sue any third party who tries to infringe the existing
trademark. It protects from the following situations:Before any trader creates
their trademark, there is no chance of Trademark infringement as in the
research process they will find your trademark in the Trademark
Database/Trademark Registry. Trademark infringement as
in the research process they will find your trademark in the Trademark
Database/Trademark Registry.If any other trader tries to register the same
brand name as their trademark, then they will certainly be objected in the
first place by the Trademark Office. In case you discover anybody using your
trademark you get the right to claim infringement case under certain
conditions.
3.Building up
Trust/Goodwill:
Serving to public with
the quality product under the registered trademark helps you to build up
trust/loyalty of your consumers. A registered trademark also portrays that you
personally care about your brand which further passes on positive values about
your brand in public.
4.Global Permits:
A trademark registration
in Vietnam will also help you getting exposed to the global market under the
International Trademark system. Foreigners can also register trademark in
Vietnam and Vietnam entities can register trademark at a global
level.
5.Protection from
Infringement Claims:
If your trademark is
registered, then you are safe from the infringements claims that you will come
across. As your trademark is recorded in the registry, you will have proper
legal evidence to defend your trademark.
6.The value in the
Market:
Having a trademark gives
a standard to the product and services in the market which further builds up
Value of the brand i.e. brand entity. It becomes easy to spot your
company/brand in the marketplace.
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