First foreign-invested pharmaceutical plant to take shape in Binh Duong
A ground breaking ceremony for the new United International Pharma factory took place at the Vietnam-Singapore Industrial Park in the southern province of Binh Duong on January 16.
Vietnamese Minister of Health Nguyen Thi Kim Tien and Secretary of the Philippine Department of Health Enrique T. Ona attended the ceremony.
Covering an area of 3.5 hectares, the US$40 million factory (under the Unilab Group from the Philippines) will specialize in producing tablets, pills and powdered drugs, with 80 percent for domestic use and 20 percent for export.
According to Minister Tien, this is the first foreign pharmaceutical factory in Vietnam fully in line with the strict requirements of the Pharmaceutical Inspection Cooperation Scheme (PICs). – VOV