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Economist Nguyễn Mại quoted the BMI Research in 2018 saying Việt Nam 's pharmaceutical market size reached $5.9 billion, up 11.5 per cent over the previous year, becoming the second largest pharmaceutical market in Southeast Asia, staying in the group of 17 countries with the highest pharmaceutical industry growth rate in the world. … [Read more...] about Vietnamese, Indian pharmaceutical enterprises have great opportunities in Viet Nam

Hanoi (VNS/VNA) - Experts have pointed out lots of opportunities for Vietnamese and Indian enterprises in the pharmaceutical industry in Vietnam. In an effort to promote trade and investment in the pharmaceutical sector, the Embassy of India, the International Investment Promotion Alliance, the Association of Foreign Invested Enterprises and the Vietnam Chamber of Commerce and Industry (VCCI) organised a seminar in Hanoi on January 21 to connect experts and enterprises from the two countries. According to the embassy, India was popularly known as the pharmacy of the world, earning its credibility as one of the largest manufacturers of generic drugs. It also said the Indian pharmaceutical sector supplies over 50 percent of global demand for various vaccines, 40 percent of generic demand in the US and 25 percent of all medicine in the UK. Indian drugs are exported to more than 200 countries in the world, with the US being the key market. Indian pharmaceutical exports, … [Read more...] about Vietnamese, Indian pharmaceutical firms have great opportunities in Vietnam

What are Techcombank’s operational metrics for the second half of the year, and how will you receive new demand arising from the pandemic and support those affected? Our credit growth will continue the momentum. We will probably see acceleration compared to the beginning of the year. In terms of non-performing loans (NPLs), we’re in a good spot. A lot of our credit exposure is in areas which are less affected by COVID-19. The exposure mainly sits in real estate and mortgages, with relatively less impacted customers. The overall number of NPLs will be very stable. … [Read more...] about Investing in innovation to aid growth potential

Hanoi (VNA) – Japan's Nikkei newspaper has run a story highlighting the opportunity for Vietnam to rise stronger after the COVID-19 pandemic is completely controlled. It spotlighted Vietnam's efforts in maintaining economic activities amid the pandemic, which made the country one of the Asian economies recording the highest growth in 2020. The article noted that in 2020, Vietnam signed three free trade agreements (FTA), and saw the introduction of another airline, while rising to the sixth position in Southeast Asia in terms of per capita income. It noted that Vietnam grasped the greatest opportunity in decades to become one of the countries with the highest GDP growth in the world with an expansion of 2.9 percent and an expected rate of 6.5 percent in 2021. The article cited a report by Euromonitor as saying that Vietnam is forecast to be one of the markets with the busiest merge and acquisition (M&A) activities and the most potential M&A market only after the US. … [Read more...] about Vietnam sees once-in-a-generation opportunity: Nikkei newspaper

According to Associate Professor Dr Vu Minh Khuong of the National University of Singapore, the equitisation of EVNGENCO 2, 100 per cent owned by EVN, attested to the efforts to reform the power sector and offers valuable investment opportunities to investors. … [Read more...] about EVNGENCO 2 to sell over 581 million shares through IPO