VOV.VN -The 14th version of the Vietnam International Exhibition on Products, Equipment, Supplies for Medical, Pharmaceutical, Hospital and Rehabilitation, better known as Pharmedi Vietnam, opened at the Saigon Exhibition and Convention Centre in Ho Chi Minh City on September 11.
The American Chamber of Commerce (Amcham) in Vietnam and the Vietnam Association of Foreign Invested Enterprises (VAFIE) jointly held a workshop in Hanoi on March 1 proposing new policies for foreign-invested businesses in the pharmaceutical industry.
The Health Ministry discussed a strategy to develop the pharmaceutical industry at a seminar it jointly held with the Party Central Committee's Commission for Economic Affairs and the Australian Embassy in Vietnam in Hanoi on June 27.
Many merger & acquisition (M&A) deals in the pharmaceutical industry have been made this year, in which the buyers were foreign investors.
Opportunities in the pharmaceutical industry in Vietnam are huge when 90% of pharmaceutical materials are being imported from foreign suppliers, such as the EU, India and China, according to experts.
Domestically-made medicines making up 80 percent of total consumption is one of the goals set forth in a national strategy to develop the Vietnamese pharmaceutical industry until 2020.