In order for Vietnam to better ensure the standards of their pharmaceutical products, Vietnam’s Ministry of Public Health has begun implementing new regulations for Good Manufacturing Practice (GMP) requirements. These regulations will be based on World Health Organization (WHO) standards and will... Read More
Increasing drug prices in Vietnam prompted Vietnam’s Ministry of Health (MoH) to adopt a series of measures to efficiently control drug prices and drug imports and stabilize the country’s pharmaceutical market. Beginning in June 2004, foreign pharmaceutical companies holding operating licenses in... Read More
The Ministry of Culture and Information and the Ministry of Health have jointly issued two updated guidelines on health and medical products advertising. The guidelines apply to advertisements for health-related matters, such as check-ups and treatment, medications, cosmetics that influence health, vaccines,... Read More
The ASEAN (Association of Southeast Asian Nations) Consultative Committee for Standards and Quality (ACCSQ) was formed in 1992 by the ASEAN Economic Ministers. The purpose of the committee is to eliminate technical barriers to trade and facilitate the objectives of the ASEAN... Read More
According to a recent survey conducted by Vietnam’s Ministry of Health and Ho Chi Minh City’s health departments, retail prices of almost 800 drug products have been marked up this past year, some have increased to over double their original prices. The... Read More
Many regulatory authorities in Asian countries are choosing to allow medical device product registration submissions to be done in electronic form. Previously, all governments required product registration applications to be completed in paper form, however, technical advances and the advent of a... Read More
As Asian countries begin to adopt more western lifestyles and foods, “western” diseases are becoming more prevalent killers in Asia. Economic transition, urbanization, and technological development have brought about lifestyle changes that have increased the chances for heart disease in Asia. Developing... Read More
Vietnam imports nearly all the medical equipment and devices used domestically. As such, foreign firms interested in the Vietnamese market must understand the rules and regulations governing the import, sale, and distribution of medical equipment in that market. Although laws have been... Read More
Though modernization efforts have made great strides over the past decade, Vietnam’s hospitals are in desperate need of up-to-date medical equipment. The U.S. government projects that Vietnam will spend US$160 million on medical equipment in 2001, 80 percent of which will be... Read More
The US Trade Development Agency (TDA) estimates that developing countries in Asia will spend over $6 billion on healthcare technology over the next five years. There are at least 25 large-scale healthcare technology projects either underway or on the drawing board in... Read More