Republic of uzbekistan andijan machine-building institute fundamentals of business management

Establishing a contract 
An example of a government protection is contracts. A contract is an agreement to exchange 
goods or services for something of value, usually money. A contract can be written or verbal. It is 
a fundamental part of doing business. Certain elements must be included in the contract to make it 
enforceable. 
Patents 
Individuals or companies can obtain a patent when they create a new product. A patent 
gives the creator the sole right to create, use, and sell an object for 20 years. Companies that 
develop new techniques for recording television programs can obtain a patent for the process. This 
prevents other companies from selling or creating audio (video) recordings used in the process. 
Copyright 
Copyright protects the creative works of writers, composers, and artists. Copyright 
protection lasts until the end of the life of the person who received the right. It can be extended up 
to 70 years after the death of the person. Copyright information is displayed on the front of most 
books. Copyright is identified by the symbol ©. 
Trademarks 
A trademark is a word, letter, or symbol associated with a specific company or product. 
Firms register company names, team marks, and label designs through the government. A 
trademark can be very valuable. Many world-famous companies are represented by a logo. Think 
of the logos you see most often? 
Doing business in Vietnam 
If you look around, you will see animals pulling carts in quiet villages. Just take a look 
You'll see busy streets with motorbikes, which 7 out of 10 Vietnamese families use as their primary 
mode of transportation. Vietnam is a country of contradictions, a mixture of traditional production 
methods and modern business activities. The nation has been developing since long decades of 
capitalist development. Even during the transition to a new modern market economy, the 
Vietnamese people still cherish their traditions and family ties. Several generations lived together 
in the same houses. Young children respected the older members of the family, even their brothers 
and sisters. Vietnam's business situation has evolved rapidly from a group to a more capitalist 
business. This was done by the WTO and the United States - BTA, which tried to unify Vietnam's 
rules and regulations. 
In Vietnam, business cards appeared before the start of a business meeting. Cards had to be shown 
and accepted in both hands. If your card is 2 

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In English and Vietnamese, it is considered a sign of respect by the Vietnamese. Whether you are 
older or younger than the Vietnamese will help you find the exact address. 
Businessthe meal consists of tea and some unusual food. You can also eat bat meat, grill, dog or 
snake meat and many other seafood. You will enjoy all the dishes offered to you. .Be careful not 
to rush through your agenda as it is considered disrespectful.Use low voice gestures.Do not show 
your host the soles of your shoes. 
Think carefully 
What cultural factors influence Vietnamese business activities. How does 
business in Vietnam differ from other countries? 
You can find more information about Vietnam's economy and business activities in libraries and on the 
Internet.