» Today: 15/09/2019
Intellectual -Property
Many people who use gadgets violate intellectual property rights without even knowing it
Mrs. Nguyen Thi Thu Trang - Director of WTO and Integration Center stated that in fact, many users of intellectual property rights infringement are unaware of it.


Mrs. Nguyen Thi Thu Trang - Director of WTO and Integration Center. Photo: Financial Magazine.

According to the Minister of Industry and Trade Tran Tuan Anh, with EVFTA, once the Agreement comes into effect, 85.6% of goods items, equivalent to 70.3% of Vietnam's exports to the EU, will enjoy 0% tax. After 7 years, 99.2% of products will enjoy 0% tax, equivalent to 99.7% of Vietnam's export turnover. This will help Vietnam to take advantage of export opportunities in the EU market.

In addition, according to the Minister of Industry and Trade, the new generation of free trade agreements are not only limited to the open market commitments of commodity markets, but also the intellectual property issues. This is considered a new content appearing only in a few FTAs that Vietnam participated, including EVFTA Agreement.

According to the head of the Ministry of Industry and Trade, with a fairly high level of commitment in the field of intellectual property, it is expected that the EVFTA Agreement will create significant challenges on domestic law revision. Meanwhile, the general awareness of infringement of intellectual property rights in Vietnam is still low.

Sharing about the above issue, Mrs. Nguyen Thi Thu Trang - Director of WTO and Integration Center stated that in fact, many users of intellectual property rights infringement are unaware. In addition, for many rights owners, they are sometimes not proactive and afraid to fight to protect their legal rights.

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