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Update news Intellectual property
Vietnam is ready to share information and clarify its policies and regulations with international partners, including the United States, in order to appropriately address differences related to intellectual property rights.
As the economy increasingly shifts towards knowledge-based growth, innovation and digital transformation, demand for IP and technology valuation is becoming more urgent.
Intellectual property (IP) is increasingly viewed as a strategic tool for Vietnamese enterprises seeking to move beyond low-value outsourcing and manufacturing in global supply chains, experts have said.
Immediately after the US placed Vietnam on the "Priority Foreign Country" (PFC) list, the Prime Minister launched a nationwide campaign against Intellectual Property infringement.
Vietnam’s future as a creative and innovation-driven nation depends on its ability to protect intellectual property, uphold fairness and respect genuine creativity.
Sports is a "smokeless" industry that can create considerable value for society if the intangible assets derived from sports are properly capitalised on.
Vietnam’s response to being labeled a top intellectual property concern reflects deeper changes in the rules governing global trade and technology.
Deputy Prime Minister Ho Quoc Dung has signed a dispatch issued by the Prime Minister, calling for decisive and coordinated measures to combat and prevent intellectual property violations.
Vietnam’s revised law requires proactive measures from digital intermediaries.
PM Pham Minh Chinh has signed a decree to strengthen the enforcement of intellectual property (IP) rights, strict action against infringements under the principle of clear roles, tasks, timelines, responsibility, deliverables, and authority.
Intellectual property must become an asset of enterprises that can be valued, traded, included in financial statements, and used as collateral for loans or capital contributions, especially for new technology assets, digital technology, and AI.
Vietnam currently ranks first in the world for exports of creative goods and high-tech products, but ranks only 116th out of 139 countries in spending on education.
Due to its market popularity, the brand has become a target of intellectual property violations. As a result, the business has to act like a lawyer, engaging in long legal battles to protect itself.
Faced with years-long wait times and complex procedures, many Vietnamese enterprises are registering intellectual property in foreign countries to stay competitive.
About 60-70% of startups struggle with IP issues, making it harder to attract investment and maintain competitiveness.
Gaining an early understanding of intellectual property (IP) helps young people nurture creativity, develop ideas, and even generate income from their innovative work in the future.