US experts share int’l trade competition experience

At the seminar “Unfair Competition Enforcement in the United States, Supply Chain and Cybersecurity Issues” co-organised by the US Consulate General and the American Chamber of Commerce (Amcham), American experts shared with Vietnamese businesses information relating to legal issues when exporting products to the US market.

Peter N.Fowler, Regional Intellectual Property Attaché for Southeast Asia, US Patent and Trademark Office (USPTO) cited lawsuits against violations of principles and regulations by suppliers to the US market. He said US importers have attached special importance to fair competition, such as using software having copyright and machines which do not violating intellectual property rights. Any violations will be considered unfair competition and the importers will face numerous difficulties in the US as well as other markets.

Vietnam is a major exporter of agricultural and information technology products to the US. So, Vietnamese suppliers should pay more attention to above mentioned issues, especially network safety and security to minimise risks to set up long-term cooperative relations with their US partners, Fowler advised.

At the seminar, local firms also compared notes with American experts on legal issues and experience to minimise risks in the supply chain overseas.

Michael Mudd Asia-Pacific chief representative of the Open Computing Alliance suggested when shipping products overseas, Vietnamese businesses should take into account the safety and integrity of the supply chain to avoid risks, especially network security, to ensure sustainable development.