Showing posts with label property rights. Show all posts
Showing posts with label property rights. Show all posts

Friday, December 17, 2010

Intellectual property rights in spolight

A senior expert admits that the concept of Intellectual Property Rights (IPR) valuation remains new and complex to Vietnamese people, and calls for a systematic approach and access to international IPR experts.

Nguyen Quan, Deputy Minister of Science, Technology and Environment, told a seminar on intellectual property rights and technology transfer held in Hanoi on November 4 that learning theory and experiences from the international community is very important.

Intellectual property rights protection has become an active area in Vietnam as the nation takes it seriously as an effective tool to secure sustainable development for a knowledge-based economy, Quan added.

Ambassador Sean Doyle, Head of the EU delegation to Hanoi , emphasised progress made by Vietnam in this field.

He said Vietnamese policy-makers’ awareness about the important role played by intellectual property in global integration and economic development has increased, leading to a great change in researching and campaigning for intellectual property value among scientists and enterprises.

The seminar is part of an ASEAN project on intellectual property rights protection (ECAP III) with the funding of 5.1 million EUR to come from the EU and European Patent Office for a four-year period to December 2013.

The two-day seminar will hear experts from the ECAP III project and the National Office on Intellectual Property (NOIP) report on the relevant issues in terms of economics, business and technology as well as experiences in valuing intellectual property in the transfer of technology or making strategies on the transfer of technology.

The overall objective of ECAP III is to further integrate ASEAN members into the global economy and the world trading system, thus promoting economic growth and reducing poverty in the region.

The project also aims to facilitate ASEAN regional integration by establishing institutional capability within the ASEAN Secretariat.

In 2010, ECAP III plans to hold some 30 events in the whole of ASEAN, focusing on improving knowledge and awareness on implementing intellectual property rights and the administration of intellectual property./.

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Saturday, November 13, 2010

Goods counterfeiters face heavier fines

Any organisation or individual that violates intellectual property rights will be fined from 2 million VND to 500 million VND (100-25,000 USD), according to a new decree that will take effect on November 9.

Intellectual-property rights violations include the act of selling, advertising, transporting, storing and displaying products for sale that are fake or are imitations of other trademarks.

Other violations include taking advantage of, or using products that violate the invention copyright, or using beneficial solutions or products made from the process that violates the invention copyright.

Companies and individuals will be fined between 10 million VND and 30 million VND for those who violate business confidentiality rights and for causing misunderstanding about business identity, business models and origin of the products through many means of business communications like advertisements or business documents.

Fines of between 1 million VND and 3 million VND will be charged for those who fail to follow inspection requests from relevant authorities about intellectual rights, such as refusing to agree to an inspection or fine imposed by inspection teams without any reason, or failing to provide sufficient or accurate information necessary for inspection and punishment.

The new decree will replace the old one that took effect on September 22, 2006./.

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