Vietnamese domestic IP value

IP Komodo noted the successful sale of Thai IP to a private equity house here. Now the Vietnamese government has published several successes in the IP field from its domestic companies. Some shown below are interesting and show how countries can choose to generate valuable IP and how they also in this connected world they have no choice but to.

A scientist Nguyen Thi Tram sold two rice hybridized varieties for a record value of VND10.7 billion (US$535,000) in 2008.

Kien Giang, Binh Thuan and Dak Lak were first three localities in Vietnam to receive Geographical Indication (GI) certificates, to recognize their local products, respectively Phu Quoc fish sauce, dragon fruit and coffee.

Lac Viet Information Technology Joint Stock Company won awards for its widely used e-dictionary in Vietnam. See here for previous posts on this product's IP issues.

Tan Hiep Phat Trade and Service Co. Ltd. owns trademarks for 73 beverage products - the most of any beverage company. 

The Viet Map Application Co. Ltd. has the most popular software for providing detailed road maps.

To get a real sense of the state of development of Vietnam see this wonderful time lapse video of Saigon (Ho Chi Minh City), one of IP Komodo's favorite haunts in Asia, here.