Solutions to Identify Counterfeit Goods and IP Violations from
the Experience of Korea
Currently, counterfeit products and product
infringing intellectual property rights happening in Vietnam
are very popular and diverse in types. This situation not only affects domestic
production and trade but also has a negative impact on close business partners
of Vietnam, including Korea. In many cases, the infringed parties have been
seeking help from IP lawyers in Vietnam for
advice.
IP Enforcement Law Firm in Vietnam
With cultural compatibility, Korean products
such as fashion, home appliances, cosmetics, and functional foods are very
popular and widely consumed in Vietnam. Therefore, with the quick grasp of this
trend, the products of Korean enterprises have become the subject of
counterfeiting. Besides, with the development of e-commerce channels, these
counterfeit products quickly reach consumers, affecting the interests of
consumers in Vietnam and Korean enterprises.
Moreover, with technology, forgery is increasingly done in a very
sophisticated way from the packaging, share, and the color of the counterfeit
products. Therefore, without a method of comparison and inspection, it is
difficult for consumers to detect the product as a fake. This causes great
damage to Korean enterprises not only the market share, but also the value of
reputation and intellectual property rights being violated.
Besides, the Covid-19 pandemic makes people in Vietnam more
inclined to buy goods online. This is an opportunity for individuals and
organizations that counterfeit products to easily reach out to consumers
without being detected and punished.
In addition, although Vietnam has a mechanism to enforce
intellectual property rights, these regulations have not been thoroughly
applied. Therefore, many individuals and organizations making counterfeit goods
and infringing intellectual property still continue to violate without being
caught. Meanwhile, consumers still have to pay to use bad quality products.
With the support of Korean businesses, Vietnam authorities will
continue to improve their capability in identifying counterfeit goods and goods
infringing on intellectual property. Therefore, an exchange between Korean
businesses and the General Department of Market Management of Vietnam is
necessary in providing methods to detect counterfeit goods and intellectual
property violations for Vietnam agencies to exchange support, raise awareness
of intellectual property rights
protection, and provide information on intellectual property rights
for Korean businesses in Vietnam. It is expected that Vietnam intellectual
property enforcement agencies improve their efficiency in identifying,
preventing, combating and handling counterfeit and infringing goods in Vietnam
to protect consumers and company in creating an encouraging investment
environment in Vietnam, for Korean investors to enter Vietnam for setting up company, factory and do
business in Vietnam.
You could learn more about ANT Lawyers IP
Practice or contact our IP lawyers in Vietnam for advice via email ant@antlawyers.vn or call our office
at (+84) 24
730 86 529
v