ID :
11528
Sat, 07/05/2008 - 10:22
Auther :
Shortlink :
https://oananews.org//node/11528
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Seminar notes improvements of IP rights protection
Hanoi (VNA) - International experts have took notice that Vietnam's legal system on intellectual property (IP) rights has improved a lot which helps consolidate foreign investors' confidence in the field.
On the sidelines of a two-day workshop entitled "The Cross Cutting Issues
of WTO Accession" opened in Hanoi on July 3, US lawyer Thomas J. Treutler
said foreign investors are encouraged by the fact that the country has built
a legal corridor for the implementation of intellectual property rights with
the Law on Intellectual Property Rights as the backbone.
The law, which came into effect almost two years ago, is said to match
international standards and treaties Vietnam has joined.
Treutler cited as an example the deal reached between Sony Entertainment,
one of the world's biggest film producers, and one of Vietnam 's domestic
agencies in putting authentic products on the local market.
However, he suggested Vietnam further strengthen the enforcement of
the law, especially in the business community.
Prof. David A. Gantz from the University of Arizona of the US , said
that Vietnam should build a well-publicised anti-piracy campaign and
implement criminal penalties for wilful infringement in commercial
quantities.
Vietnam should also consider creating a specialised court or court
with exclusive jurisdiction over intellectual property cases, he added.
The fifth annual Bussiness Software Alliance (BSA) and IDC Global Software
Piracy Study which was released in May said that in 2007, Vietnam
registered the most considerable decrease in software piracy rate among
Asia-Pacific nations. However, as the rate fell from 88 percent in 2006 to
85 percent in 2006, economic losses from piracy doubled the 2006 figure to
200 million USD.
Besides IP rights, the workshop, jointly held by the Ministry of Industry
and Trade and the World Bank, will focus on Vietnam's trade, services,
institutional reform, industrial policy, social welfare and communications
issues during the country's almost two year membership of the World Trade
Organisation (WTO).-Enditem
On the sidelines of a two-day workshop entitled "The Cross Cutting Issues
of WTO Accession" opened in Hanoi on July 3, US lawyer Thomas J. Treutler
said foreign investors are encouraged by the fact that the country has built
a legal corridor for the implementation of intellectual property rights with
the Law on Intellectual Property Rights as the backbone.
The law, which came into effect almost two years ago, is said to match
international standards and treaties Vietnam has joined.
Treutler cited as an example the deal reached between Sony Entertainment,
one of the world's biggest film producers, and one of Vietnam 's domestic
agencies in putting authentic products on the local market.
However, he suggested Vietnam further strengthen the enforcement of
the law, especially in the business community.
Prof. David A. Gantz from the University of Arizona of the US , said
that Vietnam should build a well-publicised anti-piracy campaign and
implement criminal penalties for wilful infringement in commercial
quantities.
Vietnam should also consider creating a specialised court or court
with exclusive jurisdiction over intellectual property cases, he added.
The fifth annual Bussiness Software Alliance (BSA) and IDC Global Software
Piracy Study which was released in May said that in 2007, Vietnam
registered the most considerable decrease in software piracy rate among
Asia-Pacific nations. However, as the rate fell from 88 percent in 2006 to
85 percent in 2006, economic losses from piracy doubled the 2006 figure to
200 million USD.
Besides IP rights, the workshop, jointly held by the Ministry of Industry
and Trade and the World Bank, will focus on Vietnam's trade, services,
institutional reform, industrial policy, social welfare and communications
issues during the country's almost two year membership of the World Trade
Organisation (WTO).-Enditem
