vietnam pharmaceutical industry

Update news vietnam pharmaceutical industry

Local pharma giants reaping rewards with new strategies

While the shift to the hospital channel brought fruitful results for major pharma players in Vietnam in 2023, competition is forecast to heat up in the future.

South Korean tycoons compete with Vietnamese billionaires in $16 billion market

Many South Korean investors have recently injected big money into pharmacies, considered a sector with high potential in Vietnam. American and Japanese pharmacies  have been present here for many years.

Vietnam has thousands of pharmacists, but lacks locally made brandname drugs

Universities in Vietnam graduate thousands of pharmacists a year, but the country has outdated manufacturing technology that could produce brandname drugs.

Pharmaceutical firms show mixed performance

Six-month revenues of pharmaceutical firms paint a mixed picture of the industry in the first half.

Encouragement given for pharma revolution

While Vietnam’s pharmaceutical and healthcare industries are waiting for a big push to shine, foreign enterprises continue to seek more adjustments of legal barriers.