Vietnam to buy out IP rights for ST25 rice variety

May 11th at 08:14

11-05-2021 08:14:29+07:00

ST24 and ST25 rice varieties are expected to become state assets, ensuring mass production in Vietnam.

The Ministry of Agricultural and Rural Development (MARD) is considering to take an unprecedented move by using fund from the government's program on seed research, development and production for agricultural restructuring to buy out intellectual property (IP) rights of the ST24 and ST25 rice varieties.

Vice Minister of Agricultural and Rural Development Phung Duc Tien. Photo: Do Huong

Vice Minister of Agricultural and Rural Development Phung Duc Tien told the governmental portal in reference to the expectation of agricultural engineer Ho Quang Cua, owner of the rice varieties, to transfer the IP rights of these varieties to the MARD.

The MARD had provided patent license for ST24 and ST25 rice varieties in 2018 and 2020 with a validity of 20 year. In international markets, ST25 rice won the World Best Rice award in 2019 and is now subject to trademark registration from US and Australian companies.

“Cua wants ST24 and ST25 rice varieties to become state properties so that local firms and individuals could have opportunity to mass produce ST24 and ST25 rice,” said Tien.

Tien, however, noted that the ministry has not received an official proposal from Cua, but in case the move is materialized, the MARD’s Department of Crop Production would be the new owner and work with localities regarding the production of these rice products.

Ho Quang Cua, developer of the ST24 and ST25 rice varieties. File photo

Regarding the ongoing process to protect ST25 rice brand in overseas markets, Tien noted the MARD along with the Ministry of Industry and Trade, the Ministry of Science and Technology, the owner of ST25 rice variety and Pan Group have sent documents to the US for IP rights registration.

Tien also acknowledged the lack of attention from both the government and the local enterprises in protecting brands of local farm produce abroad.

“Drastic measures are needed to effectively protect brands of Vietnamese agricultural products, given the fact that Vietnam exported farm produce worth US$41.5 billion in 2020, and this year, the figure may raise to over US$42 billion,” noted Tien.

Tien suggested firms that they should learn from previous legal disputes between Vietnamese and foreign companies to anticipate their trademark protection.

“Firms may hire law firms, use major distribution channels such as Amazon or with clear geographical indication to better protect them from similar incidents in the future,” he added.