Vietnamese companies told - cut software piracy, boost economy
Written by TRG International   
March 28, 2007
Ho Chi Minh City, Mar 29, 2007 -- /prbuzz/ -- ­ Illegal software usage brings businesses the risk of viruses and criminal prosecution, according to Mr. Rick Yvanovich, General Director of TRG International.

Speaking at a seminar on intellectual property in Ho Chi Minh City yesterday, Mr. Yvanovich advised companies to identify their real needs and create an effective software purchase procedure before making decisions to avoid overspending. Investment cost is considered the main reason why so many companies use illegal software.

He also added that a 10-percent reduction in illegal software usage would bring Vietnam big benefits.

"If Vietnam were to reduce its illegal software usage to 82 percent from the current figure of 92 per cent by 2009, it would add US$1 billion to the economy, generate 170 percent growth in the IT sector, and create 4,000 new jobs."

The seminar on Intellectual Property was held by the Vietnam Chamber of Commerce (VCCI) with representatives of 120 businesses in attendance.

At the seminar, representatives from TRG International, the US Commercial Service, Microsoft and Baker & McKenzie gave the audience a comprehensive overview of practical Intellectual Property strategies for Vietnamese small and medium enterprises.


About TRG International
TRG INTERNATIONAL, founded in 1994, is an independent provider of Business Management solutions. We provide organisations from small domestic companies to very large multi-nationals in both the public and private sectors with solutions for Financial Management, ERP, Hospitality, CRM, Manufacturing, SCM, Asset Management, eBusiness, eCommerce, ePortal, HR, Payroll, Business Performance Management and Business Intelligence. The company now serves thousands of customers in more than 65 countries with offices in Ho Chi Minh City, Hanoi, Luxembourg, Singapore, Thailand and Malaysia.


About the Press Release
If Vietnam were to reduce its illegal software usage to 82 percent from the current figure of 92 per cent by 2009, it would add US$1 billion to its economy


 
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