Page 44 - IFIA_Magazine_No_19
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India and Vietnam Forge Strategic


                      Partnership to Boost Innovation



                      Title: Strengthening Innovation Ecosystems: A Strategic Partnership Between
                      IFIA Bharat and IBIA Vietnam
                      In  a  move  set  to  transform  the  innovation  landscapes  of  both  India  and
                      Vietnam, IFIA Bharat and IBIA Vietnam have announced a strategic partnership
                      aimed at enhancing the commercialization of innovation and bolstering tech
                      transfer support. This collaboration is poised to significantly impact the socio-
                      economic  development  of  both  nations,  particularly  in  light  of  the  global
                      economic integration and the rapid pace of technological advancement.
                      The  partnership  recognizes  the  pivotal  role  that  intellectual  property
                      and  human  creativity  play  in  driving  business  competitiveness.  With  the
            IFIA Magazine     September 2024     innovation.  IBIA  Vietnam,  leveraging  over  a  decade  of  experience  in  the
                      growing  importance  of  innovation  in  today’s  economy,  the  collaboration
                      seeks to address the challenges businesses face in fostering and sustaining


                      Vietnamese market, brings a wealth of expertise in providing comprehensive
                      legal consulting services to a diverse clientele, including both domestic and
                      international  businesses.
                      This partnership is designed to synergize the strengths of both organizations.
                      IBIA Vietnam’s proven track record in supporting startups will be enhanced


                      innovation and the protection of intellectual property rights. Together, they
                      will work towards:
                      •  Crafting tailored  strategies to  enable  businesses to  not  only survive  but
          42          by IFIA Bharat’s extensive experience and broad network in the promotion of
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