Pharmaceuticals

Under the Circular No.15/2019/TT-BYT, every year before October 31, health authorities, hospitals, and institutions providing inpatient treatment affiliated with the MoH, and provincial departments of Health shall submit reports to the ministry on past violations committed by bidders during the tendering of drug procurement packages by local health facilities. The reports shall be the basis for subsequent bidder evaluation. … [Read more...] about Pharma violators in tender fiasco

From anecdotal evidence, we know that EU FDI uses much higher local content and connects with many more Vietnamese suppliers than typical investors from other countries. The critical challenge is to increase the awareness of companies on market access preferences and to check if they are entitled to under the FTA and what they should do to get those entitlements. We sometimes meet local companies and the impression is that they are keen on the FTA but they have not yet been proactive enough to engage in this exciting venture. … [Read more...] about Investing in people to avail of EU’s tech advances

Jakarta (VNA) – Indonesian Coordinating Economic Minister Airlangga Hartanto said on September 7 that the government had earmarked 3.8 trillion IDR (256.8 million USD) for the down payment for purchasing COVID-19 vaccines. At an online press conference, he said the government plans to spend 37 trillion IDR (2.51 billion USD) next year for a multi-year vaccine development programme. The government is eyeing several potential vaccines that are currently under development. The first is the Merah Putih vaccine, which is being developed by the Research and Technology Ministry and the Eijkman Institute for Molecular Biology. The second is the vaccine being developed by state pharmaceutical holding company PT Bio Farma in cooperation with Sinovac Biotech of China. The third vaccine is the one being developed by United Arab Emirates' Group 42 (G42) Healthcare. According to Airlangga, Indonesia plans to procure 290 million doses of the Sinovac vaccine next year and 30 million doses of … [Read more...] about Indonesia to set aside over 2.7 billion USD for COVID-19 vaccine procurement

According to the organising board, the participation of quite a few exhibitors of fruits from Italy and other countries around the world is a good chance for Vietnamese enterprises, distributors and importers to learn and look for business cooperation in the context that the EU-Vietnam Free Trade Agreement (EVFTA) has been effective since August 1, with many preferential tariffs. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 9

More than 600 companies applied from May 27 to June 9 to be part of the campaign, putting forward nearly 800 promotional offers worth VND 1.2 trillion (USD 52.1 million) and discounts of up to 70 percent, mostly in electronics, with offers worth over VND 360 billion, consumer goods, with more than VND 240 billion, food with VND 360 billion, and others, such as apparel, real estate, pharmaceuticals, education, and medical equipment, with VND 240 billion. … [Read more...] about Hanoi works to boost consumption post-COVID-19