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2 clusters · 8 sources · 20 days · First seen · Last updated
Vietnam pharmaceutical industry development
Overview
Vietnam is undergoing a period of modernization and strategic planning within its pharmaceutical sector. The industry is experiencing significant digital transformation, with the Drug Administration of Vietnam reporting that 100% of public services are now provided online to improve transparency and lifecycle tracking of medicines.
In the retail market, pharmacy networks like Long Chau are expanding rapidly, though the overall market remains highly fragmented. To complement this growth, the government has launched a long-term development program through 2030 and 2045. A key objective of this initiative is to achieve approximately 20% self-sufficiency in pharmaceutical raw materials by 2030, reducing reliance on imports by prioritizing the domestic production of active ingredients, intermediate chemicals, and excipients.
Entities
Ministry of Health · VNDIRECT · Vietnam · Long Chau · Phạm Thị Thanh Trà
Timeline
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[BUSINESS] 5 sourcesVietnam targets 20% self-sufficiency in pharmaceutical raw materials by 2030
Vietnam aims to meet 20% of its domestic pharmaceutical raw material demand by 2030 through a new industrialization program focused on technology transfer and reduced import dependency.
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[BUSINESS] 3 sourcesVietnam pharmaceutical sector advances through digital transformation and retail growth
Vietnam's pharmaceutical sector is advancing through digital transformation and retail expansion, led by Long Chau's growing pharmacy network and increased online public services.
Sources
baogialai.com.vn · cafebiz.vn · cafef.vn · en.baochinhphu.vn · en.vietnamplus.vn · nhandan.vn · vietnamplus.vn · zh.vietnamplus.vn