In booming Vietnam, some companies have found a way to avoid trademark compliance – they incorporate famous brands into their company name. Some protections are now in place, but the problem is far from solved.
Registration of domain names under the country code top level domain dot.VN in Vietnam has increased significantly since the new regulation on the management and use of Internet in Vietnam (Decision No. 92/2003/QD-BBCVT) was issued by the Ministry of Post and Telematics of Vietnam last May 2003.
The Socialist Republic of Vietnam is largely considered an agricultural economy with a population of approximately 76 million. After reunifying in 1975, Vietnam developed a state-regulated economy, which was based on the Soviet Union economic model and the Marxist ideologies. In the mid-1980s, the currency devaluation and food supply management problems forced the Vietnamese government to implement several reforms under the program of economic renovation.