Vietnam News Network

Vietnam News: Local, National, Business, Sport, Entertainment and Technology

Trade ETHUSD, Bitcoin and Cryptocurrencies

BUY & SELL ETHUSD | View ETHUSD News & Updates


Buy Sell ETHUSD, Bitcoin and Cryptocurrencies

Software piracy costs Vietnam $275 million every year   2009-09-22 - Thanh Nien

The high rate of software copyright infringement in Vietnam, estimated at 85 percent, causes annual losses of US$275 million in jobs and tax revenues, a report said Tuesday.

 

The Business Software Alliance said in the report sent to more than 10,000 businesses that the current piracy rate was 7 percent lower than four years ago. The report was co-written by the Vietnam Software Association, the Copyright Office of Vietnam and the Ministry Inspectorate of Culture, Sports and Tourism.

The report warned local businesses against software copyright infringement, noting that the 7 percent cut in piracy rate over the last four years has boosted the creation of new jobs by 11 percent, boosted sales for the local IT industry by 6 percent and increased tax revenues by 9 percent.



Other news

Vietnam dollar shortage pushes deposit rates up   2009-09-22

Transport ministry orders tighter leash for tender winners   2009-09-22

Vietnam steel production outstrips demand by a wide margin   2009-09-22

BUSINESS IN BRIEF 22/9   2009-09-22

Hanoi stock exchange denies failure in Government bond issuance   2009-09-22

Could a milk shake-up be mission impossible?   2009-09-22

Vietnamese businesses complain public procurement favors foreigners   2009-09-22

Growth in property market stunted by lack of capital   2009-09-22

BUSINESS IN BRIEF 21/9   2009-09-21

Cheap Japanese goods about to get cheaper in Vietnam   2009-09-21

Buy Vietnamese - I start my day the Vietnam way   2009-09-21

Prices will go up – but how gradually?   2009-09-21

Province branding proving to be a headache   2009-09-21

Vietnamese enterprise lists shares on US’s Nasdaq   2009-09-21