Vietnamese property technology (proptech) firms are attracting the attention of both foreign and domestic investors keen to grab a larger share of the country’s US$500-million market.
The number of patents granted to Viettel has increased by 142% a year which is nearly eight times higher than the country’s average increase of 18%.
Tax policies for the real estate sector must be carefully studied and introduced at the appropriate time to ensure feasibility and limit speculation, according to the Ministry of Finance.
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.
The supply of industrial property in the south is expected to rise further in the next five years to capitalise on the increasing demand in the region, and further strengthen its leading position in terms of supply, according to JLL Vietnam.
Strong construction activities in many different types of property and areas in Hanoi signal the strong recovery of the capital’s real estate market from this year onwards, according to CBRE Hanoi Branch Director Nguyen Hoai An.
The General Department of Market Surveillance under the Ministry of Industry and Trade said that the market management force would focus on fighting counterfeit goods, goods that infringe intellectual property rights and goods of unknown origin on both traditional trade and digital platforms from April 1 to the end of December 2025.
The prime minister issued Decision No.10/2021/QD-TTg providing criteria for identifying high-tech enterprises, effective from April 30.
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 success story of a start-up, Propzy, despite the challenges posed by COVID-19 surprised participants at a conference on technology being held in Ho Chi Minh City.