Vietnam Enhances Transparency, Counterfeit Control in Cosmetics Market
Economy

Vietnam Enhances Transparency, Counterfeit Control in Cosmetics Market

Vietnam's Ministry of Health will strengthen cosmetics management and submit proposals to amend decrees, including stricter regulations on advertising and tougher sanctions for counterfeit products. Amidst a policy balancing IP protection and innovation, the urgency for IP and technology valuation is growing as the economy shifts towards knowledge-based growth.

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