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Update news Abbott
For 25 years expanding in Vietnam, Abbott has continuously offered Vietnam with breakthroughs in nutrition, medicines, diagnostics and medical devices.
Vietnam's pharmaceutical market has a lot of potential coming from the demographics, rising income and priority policies of the government.
Abbott announced that a team of its scientists identified a new subtype of the human immunodeficiency virus (HIV), called HIV-1 Group M, subtype L, on November 8.
Foreign investors are eyeing Vietnam’s healthcare sector, but they find it difficult to invest in the field.
IMS Health has placed Vietnam into the group of 17 most pharmerging markets which are expected to consume one-third of total global consumption in the future instead of one-fourth as currently seen.
VietNamNet Bridge - If shares of Domesco Medical Import/Export JSC are bought by Abbott, the latter will increase its ownership ratio in the third-largest pharmacy firm to 51.7 percent of chartered capital.
VietNamNet Bridge – The Market Administration Agency has seized dozens of thousands of milk cartons bearing Ensure Abbott brand illegally imported to Vietnam but is unsure whether it has the legal right to destroy them.
Abbott Nutrition Vietnam, a subsidiary of one of the world’s largest healthcare companies, has denied allegations that it has been holding a monopoly in distributing a certain type of liquid milk in Vietnam.
The National Steering Committee on the Prevention and Control of Smuggling, Trade Fraud and Fake Commodities has asked the Ministry of Health to adjust regulations to help firms import Abbott’s Ensure milk products in order to prevent monopoly.
Abbott has sent dispatches to the Vietnamese authorities to denounce a HCM City-based company – the Song Nam Investment Development Co., Ltd. of using fake documents to import Ensure milk into Vietnam.
Vietnam has recalled two more product lines of Abbott infant milk power suspected of Clostridium botulinum bacteria infection.
VietNamNet Bridge - Abbott Nutrition Vietnam said that it would revoke Similac GainPlus EyeQ 400g and 900g for children of 1-3 years old in Vietnam, due to suspicion of contamination.