Friday, April 30, 2004

Is Viet Nam ripe for technological investing? It seems that Viet Nam is making greater efforts to buttress IP protection, pursuant to their desire to join the WTO. Recently, the Viet Nam National Assembly’s Standing Committee passed an Ordinance to protect domestically developed new plant varieties. Also, the Ho Chi Minh City Centre for Science and Technology Information (Cesti) will raise the number of on-line patent applications to 5 million in mid-2004 to make it easier to research patent information. Also, the Asian Development Bank is predicting that Vietnam is likely to obtain the highest GDP growth rate in Southeast Asia, reaching 7.5 percent in 2004 and 7.6 percent in 2005.

Verrrrrry interesting . . . . .

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