Industrial properties continue to be a “bright spot” in Vietnam’s real estate sector, with mounting rental enquiries and increased capital market activity.

According to the General Statistic Office, in the first 5 months of this year, the industrial production index of Vietnam increased over the same period in 2020 despite the complicated developments of the COVID-19 pandemic.

There were positive developments of industrial parks in Vietnam in the first five months of the year, but experts still say the country should do more to attract big investors.

VOV.VN - Industrial zones (IPs) and economic zones (EZs) nationwide attracted a total of 291 foreign direct investment projects during the five-month period with newly-registered and additionally increased capital reaching approximately US$6.02 billion, a year-on-year increase of roughly 10.3%.

The southern province of Dong Nai granted permits on April 28 to allow six existing FDI projects to add nearly US$250 million in registered capital.

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.

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.

VOV.VN - The Vietnamese Embassy in Argentina held a meeting on March 5 alongside members of the local media in order to brief them on the current political situation in Vietnam along with the nation’s ongoing socio-economic development process, as well as culture and tourism potential.

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.