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Licensing: Clearing the Ground for Market Entry

19 November 2012

Licensing: Clearing the Ground for Market Entry

As Vietnam joins the World Trade Organization, it has attracted many foreign traders to come and sell their products, either through a franchise/distribution channel, or through licensing to a local manufacturer. In both cases, the brand owner requires a trademark or patent license. It is in the interest of both licensor and licensee that the license is valid and enforceable.

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