Big names in the pharmaceutical industry are wasting no time expanding their market dominance, raising concerns over the marginalisation of private drugstores.

VOV.VN - The 29th Vietnam International Exhibition on Products, Equipment, Supplies for Pharmaceutical, Medical, Hospital and Rehabilitation (Vietnam Medi-pharm Expo 2022) opened its doors on May 11 in Hanoi following a two-year delay due to the COVID-19 pandemic.

VOV.VN - Deputy Prime Minister Vu Duc Dam has requested the Ministry of Health to consider issuing a registration certificate for domestic circulation of homegrown Nanocovax vaccine against COVID-19.

As the COVID-19 pandemic continues to spread nationwide and is gradually being considered an endemic disease that could be treated at home, demand for drugs has increased sharply.

Retail giants have begun to ramp up investments in the pharmaceutical market, fueling the race for market dominance.

Leaders of Hai Duong have witnessed the signing of a cooperation agreement between local firm Dai An Urban-Industrial Zone Development Corporation JSC and Indian partners - Sri Avantika Contractor LTD and SMS Pharmaceuticals LTD - on developing a Pharmaceutical Park project in the northern province.

A factory producing Russia’s Sputnik V vaccine against COVID-19 will be built in Vietnam within one year and is expected to produce 30-40 million doses annually, Chairman of Russian pharmaceutical company Binnopharm Dmitry Zubov told Vietnam News Agency correspondents in Russia.

Vietnamese Ambassador to Switzerland Le Linh Lan has suggested Novartis promote cooperation with private corporations with great potential in Vietnam in pharmaceuticals research and production in the Southeast Asian country.

VOV.VN - Approximately 100,000 vials of Remdesivir produced by Mylan pharmaceutical company under Pfizer group have arrived in Vietnam in order to treat COVID-19 patients.

Nanogen Pharmaceutical Biotechnology JSC was asked to provide more information regarding safety, immunogenicity, and protection effects before a registration certificate of circulation for its Nano Covax can be granted, Deputy Minister of Health Tran Van Thuan has said.