incentives ahead for pharma industry

Incentives ahead for pharma industry

Vietnam’s pharmaceutical industry has reached level three under the World Health Organisation’s classification, as the country can now produce some basic raw materials. However, it has yet to fully develop raw material production, as it cannot compete with imported materials.
the 2024 vision for digital application digital productivity and digital growth

The 2024 vision for digital application, digital productivity, and digital growth

Vietnam’s digital technology industry has made encouraging steps of development and maturity over the years.
time for vietnam to grow faster and higher with digital transformation

Time for Vietnam to grow faster and higher with digital transformation

Any country in the world which wants to prosper must prosper in cyberspace. If Vietnam wishes to become a developed country with a high income, it must carry out digital transformation.
stricter punishments could curb drug violations

Stricter punishments could curb drug violations

Restrictions in the last couple of years have caused disruptions in the global drug supply chain, so many kinds of drugs have not been supplied fully at certain times in a number of areas.
wholesale solutions to digital development

Wholesale solutions to digital development

The digital economy has been playing an increasingly important role, becoming a main driving force to promote sustainable and resilient development.
where does vietnam stand in ip provisions of evfta

Where does Vietnam stand in IP provisions of EVFTA?

When the EU-Vietnam Free Trade Agreement (EVFTA) came into effect three years ago, it was expected to change the face of Vietnam’s intellectual property (IP) legal environment with its stringent and protective IP provisions.
more effort needed to increase pharma readiness

More effort needed to increase pharma readiness

Amid existing challenges and new investment approaches towards innovation and science and technology, the pharma-healthcare sector is working to tap into these trends, while developing and enhancing regulations.
the intellectual property perspective of investing

The intellectual property perspective of investing

Foreign investors are always concerned about the protection and enforcement of intellectual property rights (IPR), as well as relevant policies and regulations. This is especially so in the context where the global economy is changing, and the competition in attracting such investment among countries of similar development level and speed is increasingly fierce.
enforcing robust advertising legislation in vietnam

Enforcing robust advertising legislation in Vietnam

Not an exaggeration as the saying seems to be, digital advertising produces a turbocharged effect on the rise of the modern internet. Algorithmically targeted programmatic advertising not only drives innovations but also democratises opportunities for companies wishing to reach diverse population demographics. Cross-border advertising services are thus increasingly offered to anyone who aims to achieve mass persuasion and scale up globally.
expanding across borders to close the digital gap

Expanding across borders to close the digital gap

In 2023, the Ministry of Information and Communications (MIC) will launch a campaign to support digital technology businesses that are doing business abroad or want to do so.
chatgpt and its potential legal implications in vietnam

ChatGPT and its potential legal implications in Vietnam

ChatGPT is the topic on almost everyone’s lips at this great juncture in Vietnam. Even high school kids will be trained for this technology so that they can know how and when to use and not to use it in their studying and future careers. The big question remains, nonetheless, as to the legal implications this technology carries.
welcoming the year of digital data for vietnam

Welcoming the year of digital data for Vietnam

In 2022, the government assigned more important functions and tasks in digital transformation, government, economy, society, technology, and electronic transactions to the Ministry of Information and Communications.
potential business impact from e transaction draft

Potential business impact from e-transaction draft

With traditional brick-and-mortar economic activities rapidly transformed by the internet and advanced technologies, there is a respective growing demand for legislative amendments to adapt to current changes, and Vietnam is by no means an exception to this rule.
surveying the legal landscape of net neutrality in vietnam

Surveying the legal landscape of net neutrality in Vietnam

With the development of new digital services, especially ones consuming large amounts of bandwidth, such as high-quality video streaming, some internet service providers (ISP) have started prioritising certain traffic – such as their own services or the services of their business partners – based on their business needs and plans. They justify this a discriminatory approach by citing the need to raise funds to further invest in their networks. Net neutrality proponents strongly fight back against such plans arguing that this could limit open access to information and online freedoms, and stifle innovation.
outlining the meteoric rise of metaverse development up and down the country

Outlining the meteoric rise of metaverse development up and down the country

Metaverse is one of the hottest buzzwords in technology today. Given its potential impact on both the real and virtual worlds, developments are being made to accommodate this new technology in multiple ways globally. Notably, countries in Asia are experiencing strong incentives for the initial exploitation of the metaverse. For example, investments in Thailand relating to the metaverse are seen in the public and private sectors.