Reordering phase reflects pharmacy chain challenges

Reordering phase reflects pharmacy chain challenges

Pharmacy chains are making strategic expansions and establishing new models up and down Vietnam.
GS25 expands its footprint to Hanoi

GS25 expands its footprint to Hanoi

South Korean convenience store chain GS25 opened six outlets in Hanoi on March 14, marking its debut in the northern market.
Vietnam National Assembly adopts amended Law on Pharmacy

Vietnam National Assembly adopts amended Law on Pharmacy

Vietnam’s National Assembly adopted the amended Law on Pharmacy on the afternoon of November 21.
Pharmacy chains boost tech capacities

Pharmacy chains boost tech capacities

Modern pharmacy chains are adjusting their strategies by embracing new technologies and venturing into new spaces amid fierce competition in Vietnam’s pharmacy retail market.
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.
Vietnam discusses amendments to Law on Pharmacy 2016

Vietnam discusses amendments to Law on Pharmacy 2016

The National Assembly is discussing amendments to the Law on Pharmacy 2016 after months of proposals from the business community.
Robust growth trends projected for investment in healthcare

Robust growth trends projected for investment in healthcare

Vietnam’s healthcare and pharmacy chains are increasingly getting new funds to expand their operations in local market, thereby securing access and availability of medical supplies and drugs for locals. However, concerns over adequate human resources in the sector dampen the bright prospects and could cause supply issues.
FPT Retail reports yet another quarter of losses

FPT Retail reports yet another quarter of losses

FPT Retail has reported another quarter of losses due to weak mobile sales and the mounting costs of expanding its Long Chau pharmacy chain.
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.
Pharmaceutical retail market welcomes newcomer

Pharmaceutical retail market welcomes newcomer

Numerous large-scale enterprises, including FPT Retail, are breaking into the pharmaceuticals segment, but investors are sceptical about FPT Retail's chances.