April 29, 2011

Government to Combat Counterfeits

Managing Intellectual Property

In late 2009, Deputy Prime Minister Hoang Trung Hai issued a stern announcement (Announcement 323) exhorting relevant agencies to step up the fight against counterfeit and smuggled goods in Vietnam. Announcement 323 acknowledges the improvements in IP enforcement in recent years, but notes that the results do not meet requirements and that, in the future, anti-counterfeiting and anti-smuggling actions by the authorities must be strengthened to protect the health of the people and prevent a negative influence on the investment environment. In particular, Announcement 323 notes that more resources and reforms are needed to shore up weaknesses in preventing smuggling and inferior goods from entering through the border points into Vietnam.

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