Đặng Nguyễn Phương Uyên

Nguyễn Tấn Hoàng Hải

The competitive factor is an integral part of the economy, deciding, supporting and underpinning the operation of all markets. In order to create a transparent and fair trade environment, the Free Trade Area Agreements (FTAs) contain many provisions on regulating trade policies of member countries, in which, the legal policy on intellectual property occupies the most attention. The goal of the new generation FTA is sustainable development. Therefore, Vietnam needs to review, amend and promulgate legal documents to show the serious implementation of international commitments, avoid unnecessary conflicts and achieve the highest interests for countries and businesses. The Free Trade Agreement between Vietnam and the European Union (EVFTA) has ended negotiations in the context of the increasingly better bilateral relationship between Vietnam and the EU and aimed to encourage innovation, effectively protect and exploit Vietnam's intellectual achievements, and at the same time encourage commercialization and rights for transfer activities. Hence, intellectual property regulations need to be integrated with the effective implementation of commitments on intellectual property in the EVFTA specifically related to geographical indications.

Keywords: geographical indication, EVFTA, legal policy, intellectual property.