COUNCIL Of MINISTERS       SOCIALIST REPUBLIC Of VIETNAM
   No. 201-HDBT            Independence-freedom-Happiness
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                                Hanoi, 28 December 1988.

DECREE ON LICENSING

THE COUNNCIL Of MINISTERS

Pursuant to the Law on Organization of the Council of Ministers dated 4 July 1981;

Pursuant to Decree No. 35- CP dated 9 february 1981 regulating the functions, powers and responsibilities of Ministers and functions of the Ministries in a number of administration areas;

In order to simplify the task of organizing and managing activities concerning industrial property rights;

On the proposal of the Chairman of the State Committee for Science and Technology;

DECREES:

Article 1

Issued with this Decree are Regulations on the purchase and sale of the right to use inventions, utility solutions, industrial designs, trademarks on goods and technical secrets (hereinafter referred to as Regulations on Licensing)

Article 2

The Regulations shall be of full force and effect as of the date of their signing. Any previous regulations which are inconsistent with the provisions contained in the Regulations are hereby repealed.

Article 3

Ministers, Chairmen of State committees, heads of other bodies under the Council of Ministers and chairmen of the people's committees of the provinces, cities and special zones under central authority shall be responsible for the implementation of this De cree.

for the Council of the Ministers
Vice Chairman

VO VAN KIET