Dr. Le Minh Phieu: Intellectual Property as the Cornerstone of Business Survival

Recently, Dr. Le Minh Phieu was honored to speak at a seminar hosted at VCCI by the Vietnam Association of Innovation and Copyright (VAIC).

Dr. Le Minh Phieu emphasized that intellectual property (IP) is not just a supporting asset — it is the foundation, cornerstone, and pillar of any business.

Building an IP strategy must start early and be done systematically and professionally.

Because IP is an invisible asset and doesn’t generate immediate revenue, many businesses underestimate its importance. However, weak IP foundations later lead to costly fixes, lost opportunities, and even the need to rebuild from scratch.

Dr. Le Minh Phieu’s key message:

– Create a clear IP strategy from the beginning.

– Work with professional legal advisors.

– Always make IP protection a prerequisite for major business activities: distribution, sales, fundraising, M&A, IPO, licensing, franchising, and beyond.

Protect your IP early — secure your future growth

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