Pharmaceutical options good medicine for firms

Vietnam’s pharmaceutical industry is increasingly appealing to excited investors. For example, in April local giant Hau Giang Pharmaceutical Joint Stock Company broke ground on a $24 million drug production plant in Tan Phu Thanh Industrial Zone in southern An Giang province. The plant, with an annual capacity of three billion tablets, is slated to come [...]

25 countries join Vietnam Medi-Pharm Expo

Nearly 200 companies from 25 countries and territories attended the 11th Vietnam Medi-Pharm Expo which opened in Ho Chi Minh City on August 24. The exhibition introduced the latest medical and pharmaceutical achievements of Vietnam, as well as others, and displayed pharmaceutical products and modern medical equipment. Deputy Minister of Industry and Trade Ho Thi Kim [...]

Foreign injection into local health sector

Many foreign investors are looking for a dose of good medicine in Vietnam’s health sector. According to London-based Business Monitor International Company’s (BMI) recently released Vietnam Pharmaceuticals and Healthcare Report for 2011’s third quarter, many foreign enterprises were expected to increase their interest in Vietnam’s health sector. Indian-backed Fortis Healthcare International Group bought a 65 [...]

Network marketers move into VN

Herbalife, a manufacturer of dietary supplements and other healthfood products, has opened its second office in Ha Noi and launched the Casa programme at the Hoa Binh Humanitarian Centre aimed at improving the nutrition of children in Viet Nam. Viet Nam News reporter Mai Huong spoke to Herbalife International’s managing director for the Asia-Pacific William [...]

Import costs make drug prices soar

The prices of imported and domestic medicines have risen slightly this month, according to the Viet Nam Pharmaceutical Companies Association. Among the nearly 4,200 drugs surveyed in Ha Noi, 97 drugs saw price hikes of 6.2 per cent on average, and 19 saw a 4.4 per cent decrease, accounting for 2.3 per cent and 0.4 [...]

Market research key to survival

Market research was key to enhancing business in the context of growing fierce competition, according to chairwoman of the Hau Giang Pharmaceutical Company Pham Thi Viet Nga. Nga said that in difficult financial circumstances, businesses had to tighten their management and minimise costs to survive and grow. It was also necessary to invest in in-depth [...]

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