New chapter for the development of Vietnam’s pharmaceutical market
Permitting foreign-invested enterprises to conduct direct imports, Vietnam’s pharmaceutical policies are now more in alignment with international treaties.
The change of governmental policy in the pharmaceutical field will affect significantly the local market, from both sides. As a positive, the grant for foreign-invested enterprises (FIEs) will help patients receive drug products and services of good quality and at a cheaper price.
On the other side, the opening for the FIE to carry out the drug import will place local and foreign pharmaceutical companies in a more competitive environment. An FIE with great financial resources may defeat other local companies with smaller and weaker financial resources.
