Wednesday, April 01, 2020 5:10:32 PM - Markets open
VN-INDEX 680.23 +17.70/+2.67%
HNX-INDEX 95.61 +2.98/+3.21%
UPCOM-INDEX 48.63 +0.89/+1.86%
VIC: Vinfast’s sedan, SVU models acquire IP protection in EU
VietnamPlus - 4/3/2018 9:53:07 AM
 (0 ratings. You must sign in to rate.)
VinFast Manufacturing and Trading Company Limited, a subsidiary of Vingroup, has announced that the European Union Intellectual Property Organisation recently granted intellectual property (IP) protection licences for designs of its sedan and SUV models. 
 
The first IP protection will be valid for five years which will be extended four times. 
 
Accordingly, other automakers will not be allowed to manufacture and sell cars with design identical or similar to Vinfast’s in the EU in the next 25 years. 
 
Apart from the EU, Vinfast has applied for industrial design protection for sedan and SUV in the US, Russia, Ukraine, Thailand, Malaysia, the Philippines, Singapore, Laos, Cambodia and Indonesia. 
 
The two models were designed by Italy’s Pininfarina and selected by Vietnamese consumers in the contest “Choose the car also, VinFast” in October 2017.
 
In January 2018, Vinfast completed a 5 million USD contract with Pininfarina and partnered with the world’s leading automobile technology and manufacturing consulting firms such as BMW, Magna Steyer, AVL, Durr AG, Schuler AG and Eisenmann in order to churn out the first model by late 2019. 
 
The model cars will be showcased at the Paris Motor Show 2018 and then available on the domestic market. 
 
Vingroup Vice Chairman Nguyen Viet Quang said Vinfast’s application for design protection abroad is an important step to join the global market and affirm its trademark strategy. 
 
Standing for “Vietnam – Style – Safety – Innovation - Pioneer”, VinFast aims to manufacture cars that are a mix of modern style, comfortable quality, safety and international-class design, and are suitable to Vietnamese taste.-VNA
 
Read original article here
Newer News
17:00 VTO: VTO allowed to delay the disclosure of financial statements
17:00 DHM: Delay in the disclosure of 2019 audited financial statements
17:00 UDC: UDC asks for a delay in the disclosure of financial statements
16:59 RDP: The 2019 audited financial statements allowed to delay the disclosure
16:59 RDP: RDP asks for a delay in the disclosure of financial statements
16:58 LGC: LGC asks for a delay in the disclosure of financial statements
16:58 KOS: Delay in the disclosure of 2019 audited financial statements
16:54 CMBB1905: The record date to exercise the covered warrant due to the expiry
16:53 CVRE1902: The record date to exercise the covered warrant due to the expiry
16:52 CVNM1904: The record date to exercise the covered warrant due to the expiry
Older News
02/04 HPG: Steelmaker Hoa Phat Group targets 2.42 billion USD in revenue
02/04 Vinamilk sets 2.46 bln USD in revenue in 2018
31/03 Vietjet receives newest A321 aircraft from Airbus
30/03 NBB: Real estate corp 577 loses US$27m after Carina Plaza fire
29/03 Pharmacy to fill 40% of FPT Retail revenue in four years
27/03 FLC Group to buy 24 Airbus aircraft
27/03 HVN: Vietnam Airlines, French partner cooperate in aircraft engine maintenance
27/03 Sugar stocks underperform on low price, ATIGA challenges
27/03 Bank profits expected to rise significantly in Q1
26/03 CII sets up targets for Thu Thiem River Park
 
Newsletter Signup
Top Stories
Reference exchange rate down 5 VND on March 26
Reference exchange rate up 5 VND on March 18
Shares tumble over WHO declaration of COVID-19 pandemic
Tight co-ordination needed to ensure EVFTA benefits
VN shares mixed, but growth expected to return
Market Update
Last updated at 3:10:03 PM
VN-INDEX 680.23 +17.70/+2.67%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.