Proposal to support funding for domestic brand protection

VTV.vn - The Ministry of Industry and Trade proposed to deduct a portion of trade defense tax to support brand protection costs, especially for agricultural products and domestic products.

Illustration photo.

The Government will allocate a certain proportion of trade defense tax revenue (currently about VND1,300 billion) to support funding for brand protection for farmers and domestic products - this is a proposal recently made by the Ministry of Industry and Trade .

Identifying the agriculture, forestry, fishery and seafood sector as a priority sector within the framework of national trade promotion programs, the Ministry of Industry and Trade has allocated 20-25% of the trade promotion support budget to support product consumption.

Last year, the Ministry guided the implementation of 26 projects for agricultural products and agricultural products, with a support budget of more than VND 26.5 billion (accounting for nearly 22% of the total program budget).

However, to combat the problem of counterfeit and fake goods, the Trade Defense Department believes that it is necessary to promote product protection registration and support funding for brand protection for farmers and domestic products. To date, thousands of OCOP products have been standardized and put on e-commerce platforms, enhancing prestige and consumer confidence.

Source: https://vtv.vn/de-xuat-ho-tro-kinh-phi-bao-ve-thuong-hieu-trong-nuoc-100251002084235568.htm