Medical device licensing is about to get simpler in Vietnam, with the introduction of a new Ministry of Health system that allows registrants to apply for import and product licenses via a single website. Starting January 1 2020, registrants will be able... Read More
Spiraling trade tensions between the U.S. and China are injecting uncertainty into what was already a complex environment for MedTech manufacturers. Accelerating steps, some medical technology firms have already been starting to move their operations to other countries in the region. Directly... Read More
Fueled by high sugar diets, processed food, misinformation and a dearth of early intervention, the prevalence of Type 2 diabetes is a persistent public health crisis in Southeast Asia. One of every 14 people in Indonesia, Malaysia, Singapore, and Thailand has some... Read More
A new free trade agreement between Vietnam and the European Union grants foreign pharmaceutical companies the right to import drugs to this fast-growing Southeast Asian nation. Under the terms of the pact signed several months ago, foreign pharmaceutical companies designated as foreign... Read More
Cancer killed almost 115,000 Vietnamese last year, as the burden of the disease continues its 30-year rise in the country, the World Health Organization reports. The most common type of cancer among men in Vietnam is liver cancer, followed by lung, stomach... Read More
As demand skyrockets for healthcare in Southeast Asia, remote medical provider technologies are becoming increasingly popular. The technologies, which include app-based medical consultations and other telehealth options, allow doctors to reach more patients, especially in remote areas where access to healthcare providers... Read More
Moving to speed the introduction of new pharmaceuticals to consumers, Vietnam’s Ministry of Health will exempt certain innovative drugs already tested abroad from the requirement they undergo domestic clinical trials. According to the March announcement—long hoped for by pharmaceutical firms—the ministry will... Read More
Spending in Vietnam on medical equipment and pharmaceuticals is growing at a historic pace, and is projected to reach $22.7 billion by 2021. As the demand for quality health care rises with incomes, health care expenditures are rising by more than 12%... Read More
Obtaining approval to sell medical devices in Vietnam just got harder – and more costly – for importers. Starting in January, all medical devices marketed in the country will require approval by Vietnamese authorities. Previously, some devices already approved by the European... Read More
This article was originally featured on Medtech Intelligence. As Asia’s prostate cancer burden grows, so do opportunities for Western medical device companies with products to diagnose and treat the disease. Leading Western medical device firms are moving into markets across the Asian... Read More