Vietnamese firms urged to file for IP protection in foreign markets

Lục Ngạn lychee of Bắc Giang Province was protected geographical indication in Japan. Vietnamese firms are urged to pay attention to building and protecting brands if they want to engage with foreign markets. - VN

HANOI (Vietnam News/ANN): Vietnamese firms should attach more importance to registering for intellectual property protection in foreign markets if they wish to develop brands abroad, according to the National Office of Intellectual Property (NOIP).

NOIP’s statistics show that there were about 50,000 applications for intellectual property protection in the domestic market but only around 280 applications for protection in foreign markets.