Domestic firms under duress with new rules

Domestic firms under duress with new rules

While the amended Law on Pharmacy 2024 is expected to facilitate future performance of foreign-invested enterprises, it might increase pressure on local businesses, urging them to make quick changes to adapt.
Amendments mean major changes for local market

Amendments mean major changes for local market

The amended Law on Pharmacy (LoP), which will take effect on July 1, 2025, is expected to make significant changes in the local market in the upcoming months, and strongly facilitate the business community.
Turning point created for pharma firms in law changes

Turning point created for pharma firms in law changes

Amendments to the Law on Pharmacy are receiving strong support from the business community, expecting to create a more powerful legal system for the local market.
Pharma law upgrades will improve effectiveness

Pharma law upgrades will improve effectiveness

The ratification of the law amending and supplementing several articles of the Law on Pharmacy 2016 at the end of November is significant and positive news for the healthcare sector.
Pharma Group expects new pharmaceutical law to open up potential

Pharma Group expects new pharmaceutical law to open up potential

Appreciative of the potential of Vietnam's pharma sector Darrell Oh, Pharma Group chairman, spoke with VIR's Nguyen Huong about some of the outstanding development and innovation in the industry.
Pharmacies under pressure with new warehouse rules

Pharmacies under pressure with new warehouse rules

While expected to facilitate activities for modern pharmacy retail chains, the draft amendments to the Law on Pharmacy are causing concerns over new business conditions for warehouses if adopted.
Further expectations about legal changes for FIEs

Further expectations about legal changes for FIEs

With legal improvements in the draft amendments to the Law on Pharmacy 2016, foreign-invested enterprises are expected to get thumbs-up for future performance. Darrell Oh, chairman of the Pharma Group, discussed with VIR’s Bich Thuy about what lies ahead.
Potential FIE impacts through Law on Pharmacy adjustments

Potential FIE impacts through Law on Pharmacy adjustments

The newest amendment draft of the Law on Pharmacy (LoP), proposing changes to 44 out of 116 articles from the current law, has been published for feedback and is expected to be adopted soon.
New pharma rules to offer direct and indirect gains

New pharma rules to offer direct and indirect gains

The draft amendments to the Law on Pharmacy 2016 is expected to create a new driving force for the industry. Dr. Le Viet Dung, deputy director of the Ministry of Health’s Drug Administration of Vietnam, spoke with VIR’s Tung Anh about how legal improvements can benefit businesses.