Intellectual property, competition and exercising the right to intellectual property are the main topics of a seminar in Hanoi on June 4.

The event, jointly held by the Vietnamese Ministry of Science and Technology and the World Intellectual Property Organisation (WIPO), drew the participation of nearly 100 managers and experts from the WIPO, Laos, Cambodia, the US, Japan and Vietnam.

Deputy Minister of Science and Technology Tran Van Tung underlined the important role played by intellectual property in social development as well as the performance of businesses.

He spoke of the fierce competition between enterprises and increasing intellectual property violations globally.

Pointing to overlaps in legal documents and authorities in dealing with issues regarding intellectual property in Vietnam , the delegates agreed that the problem can be addressed only when competent agencies coordinate with each other under a common mechanism.

They also raised the sparse content of legal documents on competition in Vietnam .

Sharing experiences in competition and the exercise of rights to intellectual property, the experts stressed the need for countries to increase policy dialogue at an international level and partner with the WIPO and other international organisations in the field.

At the same time, the countries should bring into full play measures and policies stipulating intellectual property rights, calculating economic-social matters and each country’s development orientations, they said.-VNA