Vietnamese businesses equipped with IP right protection abroad

The event, jointly held by the Vietnam Chamber of Commerce and Industry (VCCI), the Vietnam Intellectual Property Association (VIPA) and the WIPO, aimed to support local corporations in choosing proper methods to protect their intellectual property rights. VIPA Chairman Mai Ha said that intellectual property has significant influence on the enterprises' development during the global economic integration. Thus, businesses should understand that protecting intellectual property right means helping themselves develop sustainably, he stated. Currently, the VIPA has prioritised helping its members grasp knowledge on intellectual property, use softwares in an effective and legal way and assess the value of intellectual property, Ha highlighted. Meanwhile, VCCI General Secretary Pham Thi Thu Hang underlined that the 4.0 industrial revolution requires trademarks with high intelligence and intellectual asset is significant part to form products' value. Particularly, export businesses need to fully comprehend principles of e-commerce and global value chain, she said, expressing her hope that Vietnamese exporters will pay due attention to registration of intellectual property protection.

(Source: VNA)