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
The Vietnamese government has announced it will invest up to $1.5 billion in the pharmaceutical manufacturing sector over the next 10 years. The money will be used for a variety of programs, including upgrading technology to meet Good Manufacturing Practice standards, developing... Read More
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... Read More
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... Read More
Southeast Asia is becoming an increasingly important market for medical products, including products for diagnosing and treating infectious diseases. Pharmaceutical and diagnostics firms can take advantage of shorter regulatory procedures required in Brunei, Cambodia, Indonesia, Laos, Myanmar, the Philippines, Singapore, Thailand, and... Read More