modern pharma grows more colourful

Modern pharma grows more colourful

The modern pharmacy retail segment is welcoming an exciting new entrant in Japanese drug and cosmetics retailer Matsumotokiyoshi Co., Ltd, urging existing players to dust down their racing goggles.
mixed bag for pharma distribution

Mixed bag for pharma distribution

Despite legal facilitation for direct drug imports, foreign-invested enterprises are facing pressure in maintaining their distribution network and ensuring quality standards in line with Vietnam’s restrictions, while local wholesalers are expected to gain more profitable prospects ahead. Bich Thuy reports.
direct imports for pharma groups

Direct imports for pharma groups

With Sanofi Vietnam becoming the newest foreign-invested enterprise joining the race to import drugs directly, pressures on local manufacturers are forecast to heat up in the months to come on the back of the landmark enforcement of the EU-Vietnam Free Trade Agreement. Bich Thuy reports.
players mull over pharma retail

Players mull over pharma retail

Vietnam’s retail pharmacy market has increasingly caught the eyes of investors eager to capitalise on the lucrative and modern channel.
pharma firms debate reforms

Pharma firms debate reforms

With possible new changes in drug rules involving strict conditions for branded pharmaceutical production on the horizon, multinational corporations might find it harder to attend tenders of high-cost branded drugs. Bich Thuy reports.
cptpp signals pharma breakthrough

CPTPP signals pharma breakthrough

Amid enforcement of landmark free trade agreements, Vietnam’s Ministry of Health has made significant legislative changes. Vu Thi Thu Hien and Le Huu Hong Chuyen of Tilleke & Gibbins, Southeast Asia’s leading full service regional law firm, give an inside view into how these agreements and legislative changes can make an impact on the local pharmaceutical market in the future.
decree opens up pharma competition

Decree opens up pharma competition

After months consisting of both concerns and high expectations, global pharmaceutical businesses will be able to take advantage of recently-loosened business conditions regarding drug registration and imports, which is set to trigger fresh rivalries in the local market. Bich Thuy reports.
indian firms up pharma investments

Indian firms up pharma investments

In anticipation of future growth potential, Indian businesses are venturing further into investments in pharmaceutical production in Vietnam, with more fresh projects in the pipeline.
pfizer brings know how to pharma market

Pfizer brings know-how to pharma market

As one of the world’s largest research-based pharmaceutical companies, Pfizer Inc. commits to long-term business and investment activities in Vietnam, cashing in on growing local demands. Bradley Silcox, chief representative of Pfizer Thailand Limited in Ho Chi Minh City, discussed its future strategies for Vietnam with VIR’s Bich Thuy.
pharma investment can unlock new opportunity

Pharma investment can unlock new opportunity

Vietnam has a unique opportunity to unlock sector development in the area of innovative healthcare amid the successful conclusion of international trade agreements and the regional integration through the ASEAN Economic Community. Exclusive to VIR, Pharma Group of the European Chamber of Commerce in Vietnam (EuroCham) analysed this window of opportunity to spur innovative life sciences sector development in Vietnam.
vn pharma trial going into appeal

VN Pharma trial: going into appeal

The trial of former VN Pharma officials for smuggling cancer medicine and falsifying documents has come to a conclusion, but it has only produced more questions, with so many unclear issues arising during the proceedings.
pharma fies allowed to trade

Pharma FIEs allowed to trade

Eight years after the phase-in schedule for the relevant World Trade Organization (WTO) commitments, Vietnam is, for the first time, setting forth a legal framework for foreign invested enterprises to trade in pharmaceuticals and pharmaceutical ingredients to fulfill its WTO commitments.
vn pharma sector optimistic

VN pharma sector optimistic

Vietnamese pharmaceutical companies are optimistic about the business prospects of the sector, as well as its potential in 2016-17.
pharma firms to raise fols

Pharma firms to raise FOLs

Pharma stocks have continue rising, as drug firms are expected to lift their foreign ownership limits and collaborate with overseas partners.
how might the tpp impact vietnamese pharma

How might the TPP impact Vietnamese pharma?

Global opinion remains sharply divided regarding the ultimate ramifications of the recently concluded Trans-Pacific Partnership (TPP), which is an outgrowth of US President Barrack Obama’s rebalance towards Asia foreign policy.