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.
October 3, 2019
On October 1, 2019, Vietnam filed an instrument of accession to join the Hague Agreement Concerning the International Registration of Industrial Designs (Geneva Act of July 2, 1999). The Hague Agreement will officially take effect in Vietnam on January 1, 2020, three months after the filing date of the instrument.