Under the EVFTA, some kinds of items produced in Vietnam will have its geographical indication protected in the EU Under the EVFTA’s Article 12(24) on the system of registration and protection of geographical indications: 1. Each party shall maintain a system for the registration and protection of geographical indications (GIs) which shall contain at least the following elements: (a) a register listing GIs protected in the territory of that party; (b) an administrative process verifying that GIs to be entered, or maintained, on the register referred to in (a) identify a good as originating in a territory, region, or locality of a party where a given quality, reputation, or other characteristic of the good is essentially attributable to its geographical origin; (c) an opposition procedure that allows the legitimate interests of any natural or legal person to be taken into account; and (d) procedures for rectification and removal or termination of the effects of the entries … [Read more...] about New trade opportunities for regional specialities
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Experts urge Vietnamese enterprises to protect their IP
Denis Croze, director of the regional office of the World Intellectual Property Organisation (WIPO) in ASEAN, shared about reliable platforms to register trademark protection. VNS Photo Minh Thu HÀ NỘI — Vietnamese designs and trademarks are being violated abroad as firms don't pay enough attention to registering their intellectual property (IP), a top official has said. Vũ Tiến Lộc, President of the Vietnamese Chamber of Commerce and Industry (VCCI), made the statement at the one-day 'Protecting Designs and Trademarks for Vietnamese Enterprises' conference yesterday in Hà Nội. “Vietnamese enterprises are facing many challenges and difficulties in the global market when Vietnamese trademarks have been stolen and violated by foreign enterprises such as Bến Tre coconut, Phú Quốc fish sauce and Buôn Mê Thuột coffee. It takes much time and money to reclaim these … [Read more...] about Experts urge Vietnamese enterprises to protect their IP
CPTPP obligations alter Vietnam’s IP landscape
Mai Duy Linh Due to significant changes to the intellectual property (IP) landscape, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) indeed poses major challenges to Vietnam in implementing its obligations. Most of the obligations aim to enhance protection for IP proprietors. This will have a particular impact on the life science sectors, benefitting foreign pharmaceutical and agrochemical companies but reducing opportunities, at least in the short-term, for Vietnamese companies. The obligations under the CPTPP are widespread. The IP chapter of the agreement is the only chapter with obligations affecting both CPTPP members and other member countries of the World Trade Organization. Non-bloc countries with strong IP-based economies such as the EU and the US still enjoy protection at the same level as other CPTPP members. Vietnam is turning to Industry 4.0 to drive the economy forward, and some Vietnamese companies are now developing IP-oriented … [Read more...] about CPTPP obligations alter Vietnam’s IP landscape
Intellectual property in agriculture yet been focused in Vietnam
Currently, Vietnam has over 800 agricultural, forestry and seafood products in the market but only 50 have geographical indication, 140 have certification marks and collective marks registered for intellectual property rights. Of these, few have been registered for IP protection abroad including Phu Quoc fish sauce, Ban Me Thuot coffee, Binh Thuan dragon fruit and Lo Ren star apple. Many well-known specialties without IP registration have been rampantly faked such as Nang Thom Cho Dao rice and pangasius fish. Phu Quoc fish sauce and Ban Me Thuot coffee have even been faked abroad and Vietnam has taken lot of time and cost to reclaim the brand names. Ms. Nguyen Hong Ly, deputy chairwoman of Vietnam Farmers Association, said that foreign firms have imported many Vietnamese farm produce to process and market under their brand names. Despite having many delicious farm produce; localities, businesses and farmers have not interested in IP protection registration. Hence, Vietnam is still … [Read more...] about Intellectual property in agriculture yet been focused in Vietnam
The first IP lifts geographical barriers for businesses
BizInfo The first IP lifts geographical barriers for businesses Thursday, Aug 23, 2018,10:10 (GMT+7) The first IP lifts geographical barriers for businesses Long Hau Joint Stock Company (LHC – The Developer (Owner) of Long Hau Industrial Park Project) has launched a new website project which integrates 360 digital tools. This is also the first 360 (360°) platform on the industrial estate market. As one of the leading industrial parks in the south of Ho Chi Minh City, the 360 digital tools that were developed by Long Hau Industrial Park will help foreign investors, especially from main/ big markets such as the U.S., Europe, Japan and Korea, easily access and explore the investment environment in the most visual way. The new innovation will help customers from all countries have a complete view of infrastructure and landscape in Long Hau Industrial Park. Using computer, smartphone or tablet with Internet connection, … [Read more...] about The first IP lifts geographical barriers for businesses