The protection of intellectual property rights encourages entrepreneurialism, supports private sector development, and promotes growth of high-tech ecosystems and high-paying jobs for educated workers. In addition, IP protection is critical to fostering innovation. Without protection of ideas, businesses and individuals would not reap the full benefits of their inventions and would focus less on research and development. Similarly, artists would not be fully compensated for their creations and cultural vitality would suffer as a result. Unfortunately, IPR protection and enforcement in Vietnam remains troubling and the Government’s enforcement mechanism needs widespread improvement in order to effectively stop, punish and deter IPR infringement here. Fundamental concerns remain about uneven enforcement, administrative fines that are not significant enough to serve as a real deterrent, and inadequate capacity and competency of inspectors and local officials. Effective enforcement means punishing infringers of IPR in a manner that will deter them and others from engaging in such conduct in the future.
AmCham continues our effort to strengthen intellectual property rights protection and enforcement across the whole spectrum of industries in Vietnam. On Monday morning, AmCham, in cooperation with the Ministry of Science and Technology and the US government is organizing a workshop focusing on intellectual property rights enforcement in a digital world. Over 100 representatives of the public and private sector will join the US Ambassador and the Vice Minister of Science and Technology to discuss digital content enforcement challenges, online infringement of physical goods, and international experiences and best practices.
EVENT: Workshop on IP Enforcement in a Digital World
DATE: Monday, March 12
TIME: 8:00am – 12:45pm
PLACE: Pan Pacific Hotel Hanoi, 1 Thanh Nien Road, Hanoi
Don’t miss this opportunity to learn more about a key US business priority issue in Vietnam. Click HERE to register your participation in this workshop or call the AmCham office at 024.3934.2790.