Intellectual property rights owners are increasingly feeling the pressure from the counterfeit goods that are invading the global market. Societies worldwide also suffer, as countless people are either slaves to these criminal black marketers or victims of their faulty products. The second part of this two-part feature takes a look at some of the economic and social problems posed by counterfeiting and other IP rights violations.
February 15, 2019
In recent years, Vietnam has become a magnet for high-tech investment, especially in the areas of mobile phones and mobile phone components, electronics, and software development. In step with the recent pronouncements of Vietnam’s leaders to continue promoting Vietnam as a leading destination for investment in this space, the government greeted the Year of the Pig by issuing a new decree setting forth strong incentives for investors in the science and high-tech sectors.