Home Intangible Assets Progress made in tackling intellectual property infringements
Intangible Assets

Progress made in tackling intellectual property infringements

Share


According to Le Huy Anh, Deputy Director of the Intellectual Property Office of Vietnam under the Ministry of Science and Technology, immediately after the dispatch was issued, the ministry released an implementation plan and instructed the office to establish a coordination mechanism, while urging relevant agencies to report and consolidate implementation results nationwide.

During the three-month period, authorities imposed administrative penalties in 3,872 cases, with total fines amounting to nearly 46.2 billion VND (1.7 million USD) and the value of infringing goods estimated at nearly 147.8 billion VND. A total of 3,925 organisations and individuals were dealt with.

Competent authorities also decided to initiate 135 criminal cases, while People’s Courts at various levels accepted 32 cases and adjudicated 14 cases involving 17 defendants.

vnanet-ip-violations2.jpg
Digital authentication and traceability labels help protect the reputation and brand of products. (Photo: VNA)

Notably, enforcement against infringements in the digital environment has also been stepped up. Authorities have blocked access to 2,373 infringing websites and online information pages, including sites providing pirated films and books, illegally broadcasting sports events, and selling goods showing signs of infringing industrial property rights.

To raise public and business awareness while improving the effectiveness of preventing and dealing with infringements, the ministry will continue working with other ministries, sectors and localities to strengthen intellectual property protection and enforcement on a regular, continuous and sustained basis, with no prohibited areas or exceptions.

The ministry will also step up the development, standardisation and sharing of enforcement data, gradually establishing a shared database covering cases, infringers, goods and methods of infringement. This will support risk analysis, early warnings and the identification of priority areas for inspection./.




Source link

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Commonwealth Bank of Australia is nation’s most intangible company | Press Release

Brand Finance estimates 83% of global intangible asset value as not disclosed...

New research highlights Wales as a UK leader in high-value intangible investments

Wales is undergoing a quiet but significant shift in business investment behaviour,...

Accelerated patent examination stream for critical minerals is open

The Canadian Intellectual Property Office (CIPO) recently introduced a pilot of the...

Investing in innovation and funding growth: legal considerations in the rise of IP finance

As intangible assets near $80 trillion in global value, this series of...