Controversial drug launched in Vietnam

Vietnam started yesterday selling Pegnano amid massive supports that the generic hepatitis drug is a lifesaver for the poor as well as protests from a Swiss firm that the act violates intellectual rights. The Pegnano 180mcg, produced by Ho Chi Minh City-based Nanogen Biopharmaceutical Ltd Company, has been put on sale at the Cam Ha Drugstore in the city's district 5. Nearly 10 packets were sold for VND1.9 million ($97) each on the first day, said pharmacist Nguyen Thi Cam Ha, head of the … [Read more...]

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Roche yet to prove Vietnamese firm’s violations

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VietNamNet Bridge - Roche has not yet proved that Nanogen violated intellectual property laws, said Deputy Minister of Health Cao Minh Quang on an interview with VNExpress on December 22. … [Read more...]

Swiss firm opposes VN drugs for patent breach

Switzerland's La Roche AG has demanded a Vietnamese firm to stop making Pegnano on allegations the hepatitis drug uses a compound patented in Vietnam. Roche has sent a letter to Ho Chi Minh City-based Nanogen Biopharmaceutical Ltd Company, requesting the latter to stop producing, circulating and advertising its Pegnano from December 30. Pegnano is sourced from Peginterferon alfa 2a that the Swiss firm says is patented in Vietnam. According to the letter, interferon could not be made in … [Read more...]

Vietnam issues caution on fatally infectious African disease

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Although no cases have surfaced in the country, Vietnamese authorities have issued a nationwide alert for Rift Valley Fever (RVF), a fatally infectious disease originating from Kenya. The Central Health Preventative Department under Vietnam's Ministry of Health said it had informed provincial authorities that there were no licensed vaccines or medicines against the disease to date. Approaches to the control of disease, which is threatening Asia and continental Europe, involve protection from … [Read more...]

Vietnamese pharmaceutical firm faces patent lawsuit

Hepatitis drug made by Nanogen Company, whose amount is the same with foreign's but much cheaper (Photo: Tuoi tre)

A Vietnamese company based in Ho Chi Minh City which makes drugs for the cure of Hepatitis B, has for the first time in Vietnam produced a drug for Hepatitis C in an injection form. However, the Vietnamese company Nanogen Biopharmaceutical Ltd faces a lawsuit after the new medication was recently registered by authorities. Freshview Intellectual Property Law Company in Hanoi, a representative of F.Hoffmann-La Roche AG in Vietnam has filed a complaint in a letter to the Nanogen … [Read more...]

Gold Long John, Microsoft reach settlement in Vietnam’s first copyright case

The apology was part of a settlement that followed Gold Long John being the first company in Vietnam sued for using illegal computer software.

Taiwanese-invested Gold Long John International Co. has issued a public apology to Microsoft Vietnam and Lac Viet in Vietnam's first software piracy case. Gold Long John has also agreed to pay damages concurrent with the value of pirated software found at the company, VND1 billion ($50,000). Last December, Microsoft Vietnam and local software producer Lac Viet sued Gold Long John which produces footwear material for major brands including Adidas, Converse and Nike in Dong Nai … [Read more...]

First software piracy case settled

Representatives of BSA and related agencies hold a press briefing on the first software piracy case brought to court in December in HCM City. — VNS File Photo

HCM CITY (VNS) — The Gold Long John International Company Ltd, the first company sued for software piracy in Viet Nam, must pay more than VND1 billion (US$45,000) in compensation to Microsoft Viet Nam and Lac Viet Company, under a settlement agreed to by all parties. The announcement was made by the Software Alliance, the leading global advocate for the software industry whose membership includes Microsoft and Lac Viet. Last year, the two companies filed a lawsuit against Gold Long John in … [Read more...]

BUSINESS IN BRIEF 1/6

Monetary policy contributes to macro-economic stability The State Bank of Vietnam (SBV)'s monetary policy management has contributed significantly to macro-economic stability and inflation control, said Cao Sy Kiem, Chairman of the Association of Small and Medium Enterprises. Kiem made the remark at a recent press conference hosted by the SBV on the issues related to enterprises' access to bank loans, lending interest and non-performing loans (NPLs) resolution. He held that in the context of … [Read more...]

Seminar discusses intellectual property rights

(VOV) - Intellectual property in the global trade environment and its importance to local businesses were discussed at a seminar in HCM City on May 28. Minister of Science and Technology Nguyen Quan told seminar attendees that intellectual property regulations in recently negotiated free trade agreements (FTA) will present Vietnamese businesses both opportunities and challenges. Vietnamese consumers may have to pay higher prices for products under the protection of intellectual property … [Read more...]

Campaign turns spotlight on software piracy issue

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A campaign was launched in mid - May by the Copyright Office of Vietnam, Ministry of Culture, Sports and Tourism and Business Software Alliance to raise business and consumer awareness towards software copyright. The campaign will focus on educating computer shops on software piracy issues. Computer shops are the top priority since many personal computers are preloaded with unlicensed software, Copyright Office director general Vu Manh Chu told a recent press briefing in Hanoi. The … [Read more...]

Vietnamese pharmaceutical firm faces patent lawsuit

Hepatitis drug made by Nanogen Company, whose amount is the same with foreign's but much cheaper (Photo: Tuoi tre)

A Vietnamese company based in Ho Chi Minh City which makes drugs for the cure of Hepatitis B, has for the first time in Vietnam produced a drug for Hepatitis C in an injection form. However, the Vietnamese company Nanogen Biopharmaceutical Ltd faces a lawsuit after the new medication was recently registered by authorities. Freshview Intellectual Property Law Company in Hanoi, a representative of F.Hoffmann-La Roche AG in Vietnam has filed a complaint in a letter to the Nanogen … [Read more...]

Vietnam joins convention protecting satellite TV rights

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All unlawful distribution of satellite broadcasts and encoded television programs in Vietnam are set to come to an end with the country joining the Brussels Convention Thursday. The convention, adopted in 1974, is aimed at protecting broadcasting organizations against unauthorized distribution of programs. It now had a membership of 28 countries, including world leaders in television and satellite technologies, Dr. Vu Manh Chu, head of the Culture and Arts Copyright Department (CACD) of the … [Read more...]

Vietnamese pharmaceutical firm faces patent lawsuit

Hepatitis drug made by Nanogen Company, whose amount is the same with foreign's but much cheaper (Photo: Tuoi tre)

A Vietnamese company based in Ho Chi Minh City which makes drugs for the cure of Hepatitis B, has for the first time in Vietnam produced a drug for Hepatitis C in an injection form. However, the Vietnamese company Nanogen Biopharmaceutical Ltd faces a lawsuit after the new medication was recently registered by authorities. Freshview Intellectual Property Law Company in Hanoi, a representative of F.Hoffmann-La Roche AG in Vietnam has filed a complaint in a letter to the Nanogen … [Read more...]

Vietnam human bird flu case in “stable condition”

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The 16-year-old girl found infected with bird flu last week is now in stable condition, doctors confirmed as the World Health Organization warns of outbreak before Tet. Doctors said the girl's condition remained stable after she was hospitalised with a high fever last week from the southern province of Tay Ninh, bordering Cambodia. "She is still breathing with a respirator, but her condition is not worsening which is a good signal," doctor Tran Tinh Hien, deputy director of the Ho Chi Minh … [Read more...]

Vietnam urged to protect Intellectual Property

Vietnam needs to pay attention to the protection of intellectual property (IP) on the domestic market since this is a crucial feature of a market economy and international integration. The issue was highlighted at a national conference on Intellectual Property in the Mekong Delta province Bac Lieu on October 30. The function was attended by 300 delegates from a number of institutes, universities, and businesses. A National Office of Intellectual Property (NOIP) report under the Ministry of … [Read more...]

Vietnam, developing countries brace for toll on cutting edge drugs under Pacific trade draft

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A man holds a placard as he takes part in a protest against Trans-Pacific Partnership (TPP) trade talks outside the prime minister's official residence in Tokyo, Japan in April 2014. Photo credit: Bloomberg Poor patients in Vietnam and other developing countries could suffer a significant hike in the price of medicine brought on by a regional trade pact that has been impossible to track. The latest round of negotiations for the 12-nation Trans-Pacific Partnership (TPP) wrapped up Monday in … [Read more...]

VietJet voted one of Asia’s best budget airlines

Readers of Smart Travel Asia, the online travel magazine, have voted VietJet as the ninth Best Budget Airline in all of Asia. Smart Travel Asia is described as the region's most dedicated online travel magazine, with a readership of more than one million worldwide. "We are truly delighted to be named as one of Asia's best budget airlines by Smart Travel Asia's well-travelled readers," said VietJet Managing Director Luu Duc Khanh. Last September, the International Intellectual Property … [Read more...]

Vietnam may lose competitive advantage of tariffs

Tran Thu The 10 member states of the Association of Southeast Asian Nations (ASEAN) are in negotiations with six other countries - China, Japan, South Korea, India, Australia and New Zealand - over RCEP, which may be finalized by the end of next year. Claudio Dordi, technical assistance team leader of the European Trade Policy and Investment Support Project (EU-MUTRAP), told a conference in HCMC last weekend that he did not know the extent to which the 16 parties of RCEP would open their … [Read more...]

Vietjet among Smart Travel Asia’s top-10 budget airlines in Asia

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VietNamNet Bridge - Vietjet, the country's only private air carrier, has been voted as one of the 10 best budget airlines in Asia in the 10th SmartTravelAsia.com 2014 Best in Travel Poll. Vietnamese Vietjet Air, together with AirAsia, Cebu Pacific and Tiger Airways, were among the top names. Smart Travel Asia is the region's most dedicated online travel magazine with over one million readers worldwide. Its 10th poll was carried out from May to July 2014. The voters were knowledgeable … [Read more...]

Foreign companies charged with software copyright infringement

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VietNamNet Bridge - Foreign-invested enterprises (FIEs) found using pirated software in Vietnam are facing a risk of being sued and from being prohibited from exporting to large foreign markets. Recent inspection tours conducted by government agencies have discovered copyright infringement at many different levels committed by FIEs. Only a few software used at FIEs were found to be copyrighted, while most of the important software was pirated. The inspectors, for example, discovered many … [Read more...]