Thanh Hoa police have busted up a counterfeit OMO laundry detergent operation with an estimated turnover of around 4,000 products a month, Dan Tri has reported. This is just one of multiple raids around Vietnam on counterfeiters as Vietnam tries to bring the practice under control.
Of note, protecting intellectual property in Vietnam can be challenging. It is common for local businesses to use brand names and logos of other more well-established businesses, as well as to find fake brand name goods in Vietnam’s towns and cities.
As of April 2024, Vietnam remained on the Office of the US Trade Representative’s Special 301 Report which found that despite intellectual property rights reforms, there were still ‘serious concerns remain regarding IP protection and, in particular, enforcement’.
Protecting a firm’s intellectual property in Vietnam can, therefore, be a challenge. That said, an understanding of how intellectual property protection works in Vietnam may be key to ensuring a brand’s assets are properly protected.
See: How to Start a Business in Vietnam: Intellectual Property Protection