Publications on Vietnam
Pacific Bridge Medical has published numerous articles in leading trade journals pertaining to the medical market in Vietnam. Our consultants and researchers are constantly identifying pertinent new medical device and pharmaceutical regulations, trends, and other information. The published articles, reports, and webcasts below are free or for purchase.
The Roar of Vietnam's Device Market
Published in MD&DI
Vietnam is currently attracting a great deal of foreign investment, especially from foreign medical device manufacturers that are relocating due to rising wages in coastal and southern China. American and European medical device makers dominate the market, but more and more global medical device manufacturers are considering the country as a location for manufacturing — not just selling — their products. For other manufacturers eyeing the market, this article describes the major regulatory requirements.
Updates on Vietnam's Medical Device Market
Published in Pacific Bridge Medical Webcast
$400 | Buy Webcast
Vietnam is a growing medical device market, especially for manufacturing and sourcing as China gets more expensive. Increasingly open for more foreign trade, Vietnam is quickly becoming the next emerging market in Asia with many high-tech companies moving their facilities there. Buy this webcast and make sure you know all the regulatory hurdles and the medical device environment to capture the most of Vietnam�s cost-savings potential and market.
ASEAN Medical Device Regulatory Integration
Published in MPO
Navigating global regulatory markets can be a challenge, particularly when multiple countries in a region differ in their rules. Playing by a common set of rules for medtech regulation is about to get a little easier in Southeast Asia, as a group of countries prepares to unveil a more unified approach to oversight.
ASEAN Medical Device Harmonization Trends
Published in Pacific Bridge Medical Webcast
$400 | Buy Webcast
Regulatory harmonization, post-marketing surveillance schemes, and a Common Submission Dossier Template are just some of the new plans the Association of Southeast Asian Nations (ASEAN) has been working on recently. Are you aware of the newest regulations and trends in Southeast Asia? Though some of these nations' medical device regulations have been minimal or nonexistant in the past, increased regulation and rapid change are now underway.
Vietnam's Medical Markets Webcast
Published by Pacific Bridge Medical Webcast
$400 | Buy Webcast
This webcast provides an overview of Vietnamese medical issues and regulations for both medical devices and drugs. Topics covered in the webcast include medical device registration requirements, postmarket and surveillance requirements, new rules controlling drug prices, among others.
Drug and Device Markets throughout the Asian Region (PDF)
Presented at the Orange County Regulatory Affairs Discussion Group
Pharmaceutical and medical device markets are expanding throughout Asia. This presentation covers the medical device and pharmaceutical markets in Taiwan, Hong Kong, Malaysia, Singapore, India and Vietnam, and provides country-specific information about drug, device and IVD regulations in these countries. Specific topics include registration, pricing and reimbursement, manufacturing and GMP, import licenses, patents, and clinical trials in these countries.
Vietnam Pharmaceutical Regulatory Update
Published by Pacific Bridge Medical
Vietnam ’s population totals around 84 million and its economy boasted a 7.7 percent GDP growth rate in 2004. While Vietnam’s healthcare industry is still developing, it is one of the faster growing markets in the global healthcare industry. In 2003, Vietnam spent nearly $420 million on pharmaceutical imports, ten times the amount spent in 1993. Presently, more than 200 foreign pharmaceutical companies are registered in Vietnam, making up 90 percent of the country’s market share. Likewise, the medical device industry in Vietnam is also comprised mostly of foreign imports, with the U.S. holding close to 40 percent of the market; other countries with a large presence in the market include Japan and Germany. Vietnam’s medical device market, currently worth over $185 million, has been growing steadily at around 10 percent annually for the past several years.
Vietnam Medical Device and Pharmaceutical Regulations and Overview
Published by Pacific Bridge Medical
This article explains some of the basic features of Vietnam’s healthcare system and how its imported pharmaceuticals and medical equipment market is growing. While Vietnam’s healthcare system is centralized, the Ministry of Health (MoH) is eager to improve healthcare facilities and healthcare for the people. Vietnam did not have formal drug policy regulations until 1996; since then, new laws and regulations have been implemented to help control price, license registration, distribution, and patent and trademark protection. The government is making an effort to introduce such standards as the “Good Manufacturing Practice” (GMP), among others, to meet ASEAN pharmaceutical guidelines. Vietnam’s medical market holds future promise as long as the government continues to implement more standard practices and reforms for its healthcare system.
Vietnam Year-End Pharmaceutical Market Update
Published by Pacific Bridge Medical
This article is a review of Vietnam’s small, but expanding pharmaceutical market. Growing demand and weak domestic production are encouraging foreign companies to sell and distribute their drugs and pharmaceuticals in Vietnam. Foreign companies can be successful in Vietnam if they study the market, seek the proper distributors and maintain contact with the key ministries in Vietnam including, the Ministry of Public Health, the Ministry of Trade, and the Ministry of Planning and Investment.
Vietnam - A Hot Prospect for the Medical Device Industry
Published in Clinica, a publication of PJB Publications, Ltd.
Southeast Asia’s economic prosperity has encouraged governments to focus on revamping their healthcare systems. The healthcare sector in Vietnam has seen an expanded growth rate in recent times, and the government is eager to reform its medical insurance system and import more sophisticated equipment to bolster its reform efforts. Previously, Vietnam’s medical device market has been dominated by Japanese, German and French suppliers, but U.S. medical equipment companies and suppliers are slowly appearing. This article discusses the future prospects of the Vietnamese medical market. As long as political and economic reforms continue in Vietnam, the future will be bright for foreign suppliers.
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