The two cars are designed by Pininfarina under a $5 million contract to develop and manufacture cars following intellectual property rights acquired from BMW.
There remains a big challenge of intellectual property ahead to be resolved although brilliant sides of to-be-ratified EU Vietnam free trade agreement are miracle growth of mutual ex-import revenue and rising number of foreign companies in due to removal of hurdles.
Promoting the intellectual property rights enforcement is not making more money for large companies but improving the business environment in Vietnam, according to an AmCham executive.
The Trans-Pacific Partnership has received a new name, Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), underlining the participation of 11 nations without the US.
