return icon

VN traditional medicine could remedy pharma sector's flaws

VietNamNet Bridge – The pharmaceutical industry should take advantage of traditional medicines, Truong Quoc Cuong, director of the Drug Administration of Viet Nam, told Nong Thon Ngay Nay (Countryside Today) newspaper.

VietNamNet Bridge – The pharmaceutical industry should take advantage of traditional medicines, Truong Quoc Cuong, director of the Drug Administration of Viet Nam, told Nong Thon Ngay Nay (Countryside Today) newspaper.



Illustrative image -- File photo


The national pharmaceutical industry development strategy wants the pharmaceutical industry to be able to meet 80 per cent of the country's medicine demand by 2020. Do you think this goal can be achieved when the country's pharmaceutical industry depends so much on raw material imports?

There is the fact that Viet Nam has to import 90 per cent of its pharmaceutical materials. I have to say that materials for western medicine production are not a strong point for Viet Nam and many other countries. Even the US has to import nearly 90 per cent of their raw pharmaceutical materials. In order to solve the problem, the Government assigned the Ministry of Health to develop the Vietnamese traditional medicine industry, which could become a competitive advantage for us.

In the future, Viet Nam could produce rich medicinal sources for the pharmaceutical sector if we could produce and bring into the market a few hundred of the total 4,000 plant species that have been used for traditional medicine. This could give us a big advantage, because the industry could provide products unique to our country.

The Traditional Medicine Department under the Ministry of Health found in an inspection that many raw materials being used did not meet standards. How can we produce good products if we cannot control the quality of raw materials?

Yes, there was a problem in the past. We have spent a long time developing oriental medicine in the country, which uses plants from China and other countries, as well as Viet Nam, but we haven't spent as much time on Vietnamese traditional medicine. Medicinal plants planted in the right soil and harvested in a timely manner will produce the best products. Good-quality input materials will help us produce standardised products.

However, we haven't paid enough attention to the development of Vietnamese traditional medicine. We've just used oriental medicine for treatment and imported raw materials, but we haven't done a good job controlling or standardising their quality.

How do you think we should develop the country's Vietnamese traditional medicine industry?

South Korea, for example, is world-famous for its ginseng and Lingzhi mushrooms. Viet Nam currently has more than 4,000 traditional medicinal plant species, but Europe doesn't grow these plants due to their different climate conditions. Many of our species have been included on lists of rare and valuable plants, such as Ngoc Linh and Vu Diep ginsengs, and red pine.

We have a plan to standardise input materials to improve output and product quality. Co-operation between the media and scientists, farmers, managers and entrepreneurs will be necessary for the development of drugs made from Vietnamese traditional medicine materials.



Aviation ground services to go-green to meet compliance

The Civil Aviation Authority of Vietnam (CAAV) is collecting comments on a draft circular stipulating that all businesses in the sector must have a plan to convert ground vehicles from fossil fuels to electric.

President visits, offers condolences to widow of late PM Abe Shinzo

President Nguyen Xuan Phuc visited and offered condolences to Abe Akie, the widow of late Japanese Prime Minister Abe Shinzo, at her home on September 28.


US firm pours capital in cross-border e-commerce project in Binh Duong


PM requests prompt measures to overcome Typhoon Noru’s consequences

Dim outlook for domestic auto component industry

Vietnamese automotive component industry has a dim outlook for growth as it lags behind those in many other regional countries, according to the Ministry of Industry and Trade (MoIT).

Animated series seeks to change stereotypes on Vietnamese products

Wolfoo, a YouTube children’s animated web series, which has reached more than 2 billion views a month, has changed the world’s stereotypes on Vietnamese products.

VN banking prospects from now to the end of the year

Under the circular, the State Bank of Vietnam told banks to reschedule debt repayments to help customers affected by the COVID-19 pandemic until June 30 this year.

JPMorgan: 65% of AirPods production to be located in Vietnam in 2025

JPMorgan analyst expects 20 percent of iPad, 5 percent of MacBook, 20 percent of Apple Watch and 65 percent of AirPods production to be located in Vietnam in 2025.

US$2.3 billion withdrawn from stock market, investors begin to worry

Concerns are increasing in the stock market after the State Bank of Vietnam (SBV) raised regulating interest rates and withdrew VND56 trillion (over US$2.3 billion) last week.

Teacher Nguyen Ngoc Ky writing with feet passes away

This morning, 75-year-old teacher Nguyen Ngoc K, who inspired many generations of students with his determination to rise up in life, passed away at his home in Thu Duc City.

Typhoon Noru passes through central Vietnam

Super typhoon Noru swept through central Vietnam on September 27 night and early September 28, bringing strong winds and torrential rains.

Discovering craft villages in Buddhist centre in Quang Ninh

Coming to Yen Tu relic site in Quang Ninh province – Vietnam’s major Buddhist centre, tourists can also experience traditional crafts such as making hats, bamboo handicrafts, and wood carvings.

Ministry drafts mechanism to adjust average retail power price

The Ministry of Industry and Trade (MoIT) is drafting a Prime Minister's Decision on the mechanism for adjusting the average retail electricity price.

Foreign investment disbursement hits record high in nine months

Disbursement of foreign direct investment (FDI) in the first nine months of this year reached 15.4 billion USD, up 16.2 % year-on-year and marking a record high, a report from the Foreign Investment Department (FIA) has shown.

Foreign Minister Bui Thanh Son pays visit to Germany

Minister of Foreign Affairs Bui Thanh Son paid an official visit to Germany from September 26-27 at the invitation of his German counterpart Annalena Baerbock.