Pharmaceutical sector

In the first half of this year, Tra Vinh province has issued registration certificates to 250 businesses. Among which, there are 165 one-member limited liability companies; 45 multi-member limited liability companies; 20 private enterprises; 20 joint stock companies; and 151 affiliated units. The overall amount of registered capital hit around $169 million, and the total number of registered personnel reached nearly 3,800 individuals. There are just under 3,000 active businesses with a total capitalisation of $2.1 billion and nearly 90,800 workers. Some 44 of those businesses are foreign-invested firms. In addition, almost 500 firms and affiliated units were registered for expanded business lines, capital, and other adjustments, increasing the total extra capital to $143 million. The 48MW South Korea-Tra Vinh offshore wind power plant became operational in September 2021 According to Tra Vinh Department of Planning and Investment, compared to the same period in 2021, … [Read more...] about Tra Vinh nurtures private sector to kickstart economy

At the Vietnam Medi-Pharm 2017 (Source: VNA) Hanoi (VNA) – The 25th Vietnam International Exhibitions on Products, Equipment , Supplies for Pharmaceutical , Medical , Hospital and Rehabilitation – Vietnam Medi-Pharm 2018 will take place in Hanoi from May 9-12. The information was announced during a press conference co-hosted by the Health Ministry, the Vietnam Medical Products Import-Export JSC (Vimedimex) and the Vietnam Advertisement & Fair Exhibition (Vietfair) in Hanoi on May 2. This year, 450 firms from 30 countries and territories worldwide will join the event with 535 stalls. It will be the first time Polish enterprises attend the event with display of software on medical cost, electronic spare parts and automation. Major products on display include pharmaceuticals, functional food, medical equipment, dentistry and ophthalmological, and health care products, chemicals and experiment equipment. The Health Ministry’s display area will disseminate … [Read more...] about Vietnam Medi-Pharm 2018 to open in Hanoi

Visitors at the 20th International Medical, Hospital & Pharmaceutical Exhibition that opened on Thursday in HCM City. — VNA/VNS Photo The Vietnamese medical devices market, which is growing annually at more than 18 per cent, relies heavily on imports, representing significant opportunities for foreign businesses, according to the HCM City Medical Equipment Association. The market is now worth US$1.5 billion, up from US$1.1 billion in 2017, Hua Phu Doan, deputy chairman of the association, said. Domestic medical devices manufacturers make mostly basic stuff and meet only 10 per cent of demand while the remaining 90 per cent is imported, he told a meeting held recently in HCM City. The number of foreign manufacturers in Viet Nam remains modest due to the lack of development of supporting industries and the absence of an industrial cluster in this sector, he said. Foreign investment in the production of medical devices is vital to reduce reliance on imports and facilitate … [Read more...] about Viet Nam seeks foreign investment in medical devices production

Vietnam Medi Pharm Expo 2018 is expected to attract about 350 domestic and foreign exhibitors in August (Photo: VNA) Hanoi (VNA) – About 350 domestic and foreign exhibitors will gather at the Saigon Exhibition and Conference Centre (SECC) in Ho Chi Minh City for the 18th Vietnam International Hospital, Medical and Pharmaceutical Exhibition (Vietnam Medi Pharm Expo 2018) from August 2-4. The number of foreign exhibitors increased annually over the past 3 years, particularly those from Germany, Japan, the Republic of Korea, Singapore, India, and Malaysia, said Nguyen Khac Luan, general director of Vinexad , organiser of the event. Products on display at the expo will be medical equipment and equipment in the pharmaceutical and beauty industries, natural medicines and supplementary foods. Along with trading activities among the enterprises, the three-day exhibition will also feature seminars “Introduction to Vietnam’s Pharmacy and Medicine Market” and “Local Medical … [Read more...] about Vietnam Medi Pharm Expo to return to HCM City in August

Illustrative photo (Photo: VNA) Hanoi (VNA) – The Vietnam International Medical and Pharmaceutical Exhibition ( Vietnam Medi-Pharm 2019 ) will return in Hanoi in its 26th edition from May 8-11. At a press conference held in Hanoi on May 2, Head of the Ministry of Health’s Department of Communications, Emulation and Reward Nguyen Dinh Anh said that the event, held by the Vietnam Medical Products Import-Export JSC in collaboration with the Vietnam Advertisement and Fair Exhibition JSC, will draw the participation of 450 companies from Belgium, China, the Czech Republic, Germany, Japan, the Republic of Korea, the US, and Vietnam, among others. On the display at 550 booths will be pharmaceutical products, food supplements, pharmaceutical processing, manufacturing and packaging equipment, lab equipment, and healthcare services. Besides, various events will be held within the framework of the exhibition, including a national scientific conference on preventive medicine … [Read more...] about Vietnam Medi-Pharm expo to return Hanoi on May 8-11

Deputy Minister of Natural Resources and Environment Le Minh Ngan underpinned the importance of the national marine spatial master plan, saying its objectives are to properly delineate and zone off sea spaces for different sectors based on the incorporation of planning of sea-based industries; and to orient the use of sea spaces and address overlaps and conflicts in exploiting marine spaces. Drafting the master plan is a challenging and complex task, given that it has never been done before in Vietnam, Ngan noted, adding that utilizing existing data and information, it will zone off the marine spaces based on natural ecosystems to provide a connecting space for socio-economic development, enhance land-to-sea connectivity and protect national security-defence and international cooperation. The Ministry of Natural Resources and Environment (MoNRE) has sent the draft plan to a number of Party Central Committee's commissions, ministries and authorities of 28 coastal cities and … [Read more...] about Vietnam to have national marine spatial plan by 2030