Intellectual property rights discussed at business seminar
Intellectual property has been identified as an instrument for boosting reform and creativity in businesses at a seminar held in Hanoi on April 4.
Nguyen Van Bay, Director of the Centre for Research and Training under the National Office of Intellectual Property of Vietnam (NOIP), said that the protection provided by property rights helps stimulate trade and investment activities and creates a sound competitive environment.
Hoang Van Tan, another NOIP official, noted Vietnam has promulgated a comprehensive legal system and established relevant agencies to execute rules related to IP rights protection.
However, it is necessary to handle shortcomings in utilising protected IP rights, especially patents, Tan stated.
Participants also emphasised the role of the press in raising the awareness of IP rights among the public, State-run agencies, enterprises and universities.
At the event, a representative from the Japan International Cooperation Agency (JICA) said that Japan hopes to collaborate with Vietnam in intellectual property development.
Hoang Van Tan, another NOIP official, noted Vietnam has promulgated a comprehensive legal system and established relevant agencies to execute rules related to IP rights protection.
However, it is necessary to handle shortcomings in utilising protected IP rights, especially patents, Tan stated.
Participants also emphasised the role of the press in raising the awareness of IP rights among the public, State-run agencies, enterprises and universities.
At the event, a representative from the Japan International Cooperation Agency (JICA) said that Japan hopes to collaborate with Vietnam in intellectual property development.