Vietnam will increase fines for software piracy, moving quickly to implement its new World Trade Organization commitments, an official said Wednesday. The WTO formally invited Vietnam to join the Geneva-based group on Tuesday, and the communist country is working to upgrade its laws and regulations to bring them in line with global standards. Vietnam's piracy rate is about 90 percent, one of the highest in the world, and a version of Microsoft Windows can be bought for as little as 50 cents.
November 09, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Vietnam will increase fines for software piracy, moving quickly to implement its new World Trade Organization commitments, an official said Wednesday.
The top penalty for piracy is now 100 million dong ($6,250), but the Ministry of Culture and Information is working on a decree that would raise that limit, said department director Vu Manh Chu. Individuals and companies using pirated software could be fined up to five times the value of the software when the new rule takes effect, he said.
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