Trademark registration in Vietnam for banking services

The banking system plays a positive, timely, and effective lifeline role in the economy. Banks are the main capital channel to serve production and business, contributing to promoting economic restructuring, building an independent and self-reliant economy associated with proactive and active deep international integration, substantive, effective, and improving people’s lives.

Classifying for trademark registration in Vietnam for banking services

Depending on the scale of activities outside the main group, group 36, many large banks such as Vietcombank conduct it by registering trademarks for all groups of products and services according to the International Trademark Classification for Trademark Registration. However, banks should register trademarks for their product and service groups according to the suggestions below:

Class 9

Software; computer software used for financial transaction and banking services; computer software used to enable electronic, mobile and online banking services; application software for mobile or wireless devices and computing devices used to enable electronic, mobile and online banking services; downloadable electronic and digital publications; software used for secure electronic identification, storage, transmission and retrieval of data; software that supports secure payment transactions electronically; software that enables electronic and online identity verification and fraud prevention; software used to display and manage financial product portfolios and orders; mobile application software used to activate online banking services; software to support banking services through the Internet, and through online and interactive computer services; computer software that supports credit card transactions; computer software that allows users to manage their commercial credit card accounts and process credit card transactions; computer software to support electronic payment transactions and record financial activities; e-commerce and electronic payment software; computer software that allows electronic data to be searched; integrated chip card [smart card]; pre-recorded magnetic data carriers containing information in the field of banking and financial services; computer software to enable and support online financial services; application software for platforms used for online networks to help businesses connect and find buyers, suppliers and other business services; Platform computer software for online network businesses to connect and find buyers, suppliers and other business services; computer hardware that supports payment transactions by electronic means; computer electronic commerce software that allows users to conduct electronic business transactions through a global computer network; Secure terminal for electronic communications.

Class 14

Precious metals; badges of precious metals; boxes of precious metals; figurines made of precious metals; raw gold or gold leaf; precious metal ingots; jewelry; jewelry; pearls [jewelry]; White gold; silver jewelry; Art objects made of precious metals, all of the above products belong to this group.

Class 35

Buy, sell, and trade gold and silver. Advertisement; advertising agency; disseminating advertising messages; advertising space rental; organizing trade fairs for trade and advertising; auction; product introduction. Data processing for payment services; organizing customer loyalty programs related to payment services; online data processing services; organizing, operating and monitoring customer loyalty programs and incentive programs that promote the products and services of others through rewards/loyalty card programs; administration, management and business support services; management administration and business support services connected to an online network to handle business payment services to connect and search for buyers, suppliers and other business services; data processing; providing business information; data verification services; electronic data processing and retrieval services; database management by the computer; income tax consulting; information, advisory and consulting services related to the above-mentioned services.

Class 36

Bank; real estate broker; insurance broker; loan broker; stock and promissory note brokerage; capital investment and other investments; credit services including credit cards; margin securities; shares and stocks; money change; financial business transactions and financial businesses and financial businesses; financial guarantee services; insurance; guaranteed; loans; currency trading and trading; providing rental financing; financial trust services; security deposit; banks and savings funds; commercial and business banks; financial and monetary consulting; Investment consulting suitable to the operational functions of commercial banks; traveler’s check services; real estate trust services; Real estate management and valuation, finance and banking services in this group.

Class 40

Abrasive services; gilding; metal processing; silver; silver plate; Processing jewelry, gold bars, gold bars, and gold leaves.

Class 42

Specific computer services are computer programming, computer rental, computer software design, computer software consulting, computer software installation, computer system design, and consulting in computer design. design and develop computer hardware; computer software development; develop an online virtual environment for online payment businesses to connect and find buyers, suppliers, and other business services; providing software on global computer networks; hosting and platform as a service for online networks for payment services businesses to connect and find buyers, suppliers and other business services; develop online virtual environments for use in banking and financial services; hosting and platform as a service for online networks for use in banking and financial services; provides temporary use of non-downloadable online software to process electronic payments.

Some reputable banking services trademarks in Vietnam

According to the report ranking the 500 banks with the strongest mark value and mark power in the world in 2023 (Mark Finance Banking 500 2023), Vietnam has 12 banks on this list including Vietcombank (ranked 137/ 500), similar to Agribank (159), BIDV (161), Techcombank (163), VietinBank (171), VPBank (173), MB (230), ACB (273), Sacombank (354), HDBank (400), SHB (420) and VIB (492). Among these 12 banks, only Agribank decreased its rank from 157 to 159; 10 other banks increased their rankings; and VIB entered this list for the first time. With 12 banks, Vietnam leads the ASEAN region in the number of banks in the Top 500.

Procedures for trademark registration in Vietnam for banking services

Step 1: Select a mark, and services for the trademark

The first step we need for trademark registration in Vietnam of generator products is to select a suitable and impressive mark.

• Trademark selection: Select a trademark template that meets the protection criteria. The selected mark is not similar to other registered trademarks, or well-known trademarks.
• Select the list of registered services: You need to select the list of services bearing the trademark according to the above instructions. Classifying of goods and services to be carried out according to the latest updated versions of the Nice International Classification of Trademarks.

Step 2: Research trademarks

To perform a trademark search, customers only need to provide Viet An Law:

• Trademark template;
• List of goods and services to research and register.

Step 3: Submit registration form

• After a profound search and the mark is judged to be registrable, the applicant will proceed to submit a registration application.
• Agencies receiving and processing dossiers and collecting registration fees in Vietnam: National Office of Intellectual Property.

Step 4: Formality examination of the application

• The time limit for formal examination of a trademark application is 1 month from the filing date.
• The NOIP will consider the application for eligibility in terms of form, label form, application owner, filing right, subheading, etc.
• If the enterprise’s application meets the conditions. The NOIP will issue a Notice of acceptance of a valid application and publish the application.
• If the enterprise’s application does not meet the conditions. The NOIP will issue a Notice of Non-acceptance of the application and request the enterprise to amend it. The application owner and the applicant’s representative shall make amendments as required. Then, proceed to submit the revised official letter to the NOIP and pay an additional fee if the group is classified incorrectly.

Step 5: Publication of trademark application

• The time limit for publication of trademark application is 02 months from the date of notification of valid application acceptance.
• Contents of the application announcement include information about valid applications stated in the notice of acceptance of valid applications, trademark samples, and a list of goods and services.

Step 6: Substantive examination of the application

The time limit for substantive examination is 09 months from the date of application publication.

Step 7: Pay the fee for granting a trademark protection title

The final step to trademark registration in Vietnam of generator products is after receiving the notice of intention to grant a protection title, the applicant shall pay the granting fee.

Clients need to register a trademark in Vietnam and abroad, please contact us Viet An Law Firm – Industrial Property Representative for the fastest, most professional support at the most reasonable cost!