Amendments to legal regulations relating to intellectual property (IP) will contribute to improving Vietnam’s IP system, making it an important tool to promote national competitiveness and drive the knowledge economy, thus promoting socio-economic development, Minister of Science and Technology Huynh Thanh Dat has said.

The Prime Minister has recently promulgated the national product development programme to 2030.

Vietnam passed the intellectual property law few months after the enforcement of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Experts are again issuing a warning to local enterprises to pay attention to intellectual property (IP) rights when doing business overseas.

Vietnam is always a leading partner of the Netherlands in Asia, said the Dutch Minister for Foreign Trade and Development Cooperation, Sigrid Kaag, at an online meeting with Vietnamese Minister of Industry and Trade Tran Tuan Anh on January 14.

The Prime Minister has recently issued Decision No 2205/QD-TTg approving the intellectual property (IP) development programme to 2030.

Domestic businesses should equip themselves with necessary knowledge in order to tap opportunities from the Regional Comprehensive Economic Partnership (RCEP), advised experts.

The index of industrial production (IIP) in Ho Chi Minh City went down 5.5% year-on-year in seven months of this year due to COVID-19 pandemic, according to the municipal Department of Industry and Trade.