A seminar to launch a report on economic reforms for effective intellectual property protection in the context of economic integration and digital transformation in Vietnam, took place in Hanoi on March 24.
Hanoi (VNA) – A seminar to launch a report on economic reforms for effective intellectual property protection in the context of economic integration and digital transformation in Vietnam, took place in Hanoi on March 24.
The event was held by the Central Institute for Economic Management (CIEM) and the Australia-Vietnam Economic Reform (Aus4reform) Programme.
The report updates regulations on intellectual property protection in Vietnam; reviews and analyses commitments on intellectual property in a number of international treaties of Vietnam, especially in new-generation free trade agreements; and recommends policies for amending and supplementing the Law on Intellectual Property.
It also focuses on analysing requirements for completing regulations on intellectual property protection in Vietnam to support digital transformation; challenges to amending regulations on intellectual property protection in line with international commitments; and proposing economic innovation orientations to strengthen intellectual property protection in the country.
Participants at the seminar (Photo: The Ministry of Planning and Investment)
In her opening speech, Director of CIEM Tran Thi Hong Minh emphasised that the amendment and supplementation of laws on intellectual property is not only necessary for international integration but also for the country's digital transformation.
Nguyen Anh Duong, head of the CIEM's General Research Department, said Vietnam aims to be in the group of leading countries in ASEAN in terms of creativity, protection and exploitation of intellectual property rights, by 2030.
The country also strives to increase both the quantity and quality of new intellectual property of Vietnamese individuals and organisations and the number of products with high intellectual property proportion; and dramatically improve Vietnam's indexes on intellectual property in the Global Innovation Index, and the efficiency of using intellectual property rights.
Under the report, Vietnam needs to pay heed to improving awareness of intellectual property protection for busineꦯsses, organisations and individuals; and applying the online dispute resolution mechanism in civilly handling of disputes related to intellectual property rights for businesses and individuals./.
Support is to be provided to small and medium–sized enterprises (SMEs), enabling them to use intellectual property (IP) rights to build stronger, more competitive and resilient businesses, said Dinh Huu Phi, Director of the Intellectual Property Office of Vietnam.
To keep COVID-19 at bay, Vietnam wants countries that produce vaccines to waive the associated intellectual property (IP) rights to boost availability worldwide, Foreign Ministry spokesperson Le Thi Thu Hang told a regular press conference held virtually on May 13.
Vietnamese firms should attach more importance to registering for intellectual property protection in foreign markets if they wish to develop brands abroad, according to the National Office of Intellectual Property (NOIP).
The National Assembly discussed the draft law on amending and supplementing a number of articles of the Law on Intellectual Property (IP) on October 21, as part of the 15th legislature’s second session.
The Standing Committee of the 15th National Assembly (NA) scrutinised the latest version of a draft law revising and supplementing some articles of the Law on Intellectual Property (IP) during its 8th session in Hanoi on February 15.
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Illustrative image (Photo: VNA) 
Participants at the seminar (Photo: The Ministry of Planning and Investment) 
