21 January 2005 – LAWFUEL – The Law News Network – Ho Chi Minh City, Vietnam, January 21, 2005 – Baker & McKenzie and a few multinationals have had an integral role in the establishment of the Vietnam Anti-Counterfeiting and IP Protection Association of Foreign Invested Enterprises (“VACIP”), the first anti-counterfeiting association for foreign invested companies established in Vietnam.
On January 5, 2005, The Ministry of Home Affairs of the Socialist Republic of Vietnam issued a decision approving the establishment of VACIP, which reflects Vietnam’s commitment to improve its intellectual property laws and enforcement in a manner consistent with the standards of the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPs).
“Baker & McKenzie, along with a few multinationals, played a key role in establishing VACIP, which will not only protect members’ IP rights and fight against counterfeit goods in Vietnam, but will also provide training to consumers, relevant government officials and Vietnamese enforcement agencies. Baker & McKenzie is slated to serve as the Secretariat,” explains Baker & McKenzie Partner Frederick Burke.
Thomas Treutler, an associate in the IP Group in Vietnam added, “We are pleased to be an integral part of Vietnam’s anti-counterfeiting efforts, and to assist VACIP in cooperating with Vietnamese authorities to develop IP law and enforcement policy.”
VACIP is modeled after the successful Quality Brands Protection Committee (QBPC) in China, which has helped improve IP rights in that country. VACIP will operate nationwide through a head office in Ho Chi Minh City and may establish branch offices throughout the country.