04:39 | 28/11/2019
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.
04:39 | 28/11/2019
With the average pharmaceutical import turnover of $245 million per month, the figure for the whole year of 2019 may reach $3 billion, equaling 50 per cent of the whole scale of the market.
04:39 | 28/11/2019
Matsumoto Kiyoshito will set up a joint venture with Lotus Food Group next February to operate its drugstores in Vietnam.
04:39 | 28/11/2019
Japanese drugstore chain Matsumoto Kiyoshi plans to expand to Vietnam by opening a joint venture with HCMC-based Lotus Food Group, bringing Japanese nutrition supplements and cosmetics to the local market.
04:39 | 28/11/2019
According to the service commitments form of the WTO, Vietnam did not commit to allow foreign invested enterprises to conduct drug distribution services.
04:39 | 28/11/2019
Although strong solutions exist, the biggest Vietnamese drugmakers reported poor performance in the first three quarters of 2019, putting their future targets at risk. Bich Thuy reports.
04:39 | 28/11/2019
According to IMS Health, Vietnamese spending on drugs increased rapidly from $27.1 in 2011 to $45.8 now. However, this figure is only about half of other regional countries. It is expected to rise to $85 by 2020.
04:39 | 28/11/2019
VietNamNet Bridge - Pharmaceutical companies are hiring retail chains to distribute their products, rather than develop distribution networks of their own.
04:39 | 28/11/2019
Deputy Prime Minister Vũ Đức Đam has called for tough punishment for faking medicines and medicinal supplements which poses risks to human health.
04:39 | 28/11/2019
Though the pharmaceutical market is expected to see rapid growth, foreign companies are not interested in investing in drug production, leaving Vietnam heavily dependent on imports.
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