Hanoi , November 7 (VNA) – Enforcement of intellectual property rights is important to economic growth, especially as Vietnam has joined the global playing field.
The view was shared by participants at a round-table discussion on November 7 in Hanoi between the US Embassy, the US Chamber of Commerce and Industry in Vietnam and the Ministry of Science and Technology.
US Ambassador to Vietnam David Shear highlighted the role of policymakers as well as industry experts of both countries in discussing solutions to better the current implementation of IP rights.
Deputy Minister of Science and Technology Tran Quoc Khanh said Vietnam needs expertise and support from countries including the US in perfecting its legal framework to accelerate IP practices, particularly when the country has joined international institutions and is negotiating the Trans-Pacific Partnership agreement.
A firm legal framework and good conditions for the implementation of IP rights remain an attractive factor to foreign investors majoring in technology.
Vietnam News Agency
