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Update news intellectual property
Vietnam currently ranks first in the world for exports of creative goods and high-tech products, but ranks only 116th out of 139 countries in spending on education.
Due to its market popularity, the brand has become a target of intellectual property violations. As a result, the business has to act like a lawyer, engaging in long legal battles to protect itself.
Faced with years-long wait times and complex procedures, many Vietnamese enterprises are registering intellectual property in foreign countries to stay competitive.
About 60-70% of startups struggle with IP issues, making it harder to attract investment and maintain competitiveness.
Gaining an early understanding of intellectual property (IP) helps young people nurture creativity, develop ideas, and even generate income from their innovative work in the future.