Vietnam Touts 1,400 IP Cases After US Opens New Trade Probe
Updated
Updated · Bloomberg · Jun 1
Vietnam Touts 1,400 IP Cases After US Opens New Trade Probe
5 articles · Updated · Bloomberg · Jun 1
More than 1,400 intellectual-property infringement cases were handled in the past three weeks in Vietnam, with criminal proceedings opened in 28 cases, the government said.
The figures were released after the US launched a new trade investigation into intellectual-property violations, putting pressure on Hanoi to show tougher enforcement.
Vietnam said its market surveillance force processed 210% more cases than in May last year, presenting the surge as evidence of a broad crackdown.
Counterfeit goods still remain easy to find in street markets across the country, underscoring the gap between the enforcement push and conditions on the ground.
Is the US IP investigation a genuine effort to stop piracy or leverage to shrink its massive trade deficit with Vietnam?
With fakes still rampant after its crackdown, can Vietnam's reforms prevent crippling US tariffs before the July deadline?