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Nov 14, 2015 / 11:51

Vietnam provided over 1 million USD to build geographical indication system

The Ministry of Science and Technology in collaboration with the France Development Agency (AFD) in Vietnam held a ceremony to launch the geographical indication development project in Hanoi on November 11.

The funding of the geographical indication (GI) development project is nearly 1.3 million-USD, of which the AFD will provide 1.09 million USD and the rest is the reciprocal capital of Vietnam.
The project is expected to help Vietnam improve GI registration and supervision by building a new approach to theoretical, policy and practical issues basing on the experience of European countries, including France. 

 
Photo for illustration
Photo for illustration
Deputy Minister of Science and Technology Tran Viet Thanh said that Vietnam has a few products having GI, failing to draw customers’ interests in local products. 
He noted that with its sound experience in the field, France can assist Vietnam in compiling dossiers applying for the protection of the first GIs. 
The project is expected to make GI a fundamental and effective trade tool to enhance the value of agricultural products of Vietnam, the Deputy Minister added.