Nipro, a multinational medical corporation from Japan, has recently partnered with FPT Telecom’s FPT Medicarea on a strategic co-operation agreement to deliver digital medical devices with international standards and affordability.

The Vietnamese medical devices market, which is growing annually at more than 18%, relies heavily on imports, representing significant opportunities for foreign businesses, according to the Ho Chi Minh City Medical Equipment Association.

The medical devices sector is one of Vietnam’s most promising for foreign investment due to its rapid economic development and rising demand for medical care, according to Madan Mohan Sethi, Consul General of India in Ho Chi Minh City.

Ho Chi Minh City, the country’s current largest COVID-19 hotspot, has received vehicles and medical devices to help it contain the spread of the pandemic.

More than 2,000 medical devices and supplies have been transported to a field storage serving COVID-19 prevention and control activities in Ho Chi Minh City - the country's current largest pandemic hotspot, and other southern localities.

VOV.VN - The Ministry of Health has warned people not to purchase ventilators, oxygen cylinders, concentrators, or other similar medical devices to treat themselves at home as these devices are not able to be operated independently and they also pose a high risk of explosion.

Vietnam could become a major export market for Indian medical device makers and also act as a springboard to other ASEAN countries, according to the Engineering Export Promotion Council of India.