Vietnam, React cooperate in combating counterfeit products

The Department of Market Management under the Ministry of Industry and Trade and Cooperative Vereniging SNB–REACT U.A (React), an anti-counterfeit network in Vietnam, have signed a memorandum of understanding (MoU) on cooperation in combating fake goods and enforcing intellectual property rights.
The Department of Market Management under theMinistry of Industry and Trade and Cooperative Vereniging SNB–REACT U.A(React), an anti-counterfeit network in Vietnam, have signed amemorandum of understanding (MoU) on cooperation in combating fake goodsand enforcing intellectual property rights.

According to theMoU, inked in Hanoi on April 8, the two sides will works together tobuild action programmes and inspection plans for various commodities andfields, contributing to increasing the effectiveness of fake goodsprevention.

Representatives from the Department were instructedto distinguish between genuine and fake goods, useful for Vietnamesemarket-managing forces in enforcing intellectual property rightsand tackling counterfeit products.

Do Thanh Lam,Vice Director of the Department said market-management forces nationwideinspected and settled over 100,000 cases of legal violations, includingover 10,000 cases concerning fake goods and intellectual property rightinfringement.

However, he noted that the fight againstcounterfeit goods is still facing difficulties and requires a strongereffort from and joint collaboration of all sectors and legal enforcementforces.

React is a non-profit organisation withover 20 years fighting counterfeit trade. With over 200 members coveringall industry areas—including fashion and merchandising, tobacco,electronics and mobile phones, pharmaceuticals, football and toys—Reacthas experience in dealing with almost all instances of goodsinfringement.

React has a large internationalnetwork with strategically placed offices and partners to efficientlyfight the global trade in counterfeit goods and protect the rights ofits members.-VNA

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