Pharmaceutical industry sees slowing growth momentum

Wednesday, May 29, 2024

After record profits and strong growth in 2023, the industry''s momentum faced limitations in 2024 due to rising raw material costs and increased market competition.

Promoting Vietnamese pharmaceutical industry

Tuesday, May 21, 2024

Vietnamese pharmaceutical market grew from $2.7 billion in 2015 to $7 billion in 2022 and is forecast to reach more than $10 billion by 2026.

Pharmaceutical industry strives to contribute over $20 billion to Việt Nam’s GDP by 2045

Wednesday, Oct 11, 2023

The national strategy for developing Việt Nam''s pharmaceutical industry targets that by 2045, the total value of the pharmaceutical industry contributing to Việt Nam''s GDP is over US$20 billion.

Pharmaceutical firms report positive results in Q3

Tuesday, Nov 22, 2022

Analysts believe that the pharmaceutical industry in the fourth quarter still has many growth drivers.

Pharmaceutical industry less affected in pandemic

Tuesday, Jun 14, 2022

While most manufacturing and trading industries faced difficulties due to rising input prices, the pharmaceutical industry has been less affected.

Pharmaceutical industry sees promising propects

Wednesday, May 25, 2022

The pharmaceutical industry is growing steadily because input costs are stable compared to other industries and businesses are less affected in a high inflation environment.

Prescription drug sales down amid COVID contagion fears

Thursday, Jul 08, 2021

The impact of COVID-19 pandemic is forcing pharmaceutical businesses to quickly adapt new circumstance to maintain growth momentum.

Indian firms to benefit from Vietnamese pharmaceutical industry: expert

Thursday, Feb 25, 2021

Nguyen Van Phung, director of the Department of Tax Administration at Large Enterprises from the General Department of Taxation, spoke with Viet Nam News about incentive tax policies for Indian corporations investing in the Vietnamese pharmaceutical industry

Drug market forecast to grow by 15 per cent in 2021

Monday, Feb 22, 2021

The pharmaceutical industry grew by just 2.8 per cent last year, much lower than its average 11.8 per cent growth in the last five years.

Support for domestic pharmaceutical industry to rise in Viet Nam

Sunday, Sep 20, 2020

The Vietnamese Government''s support for the local pharmaceutical industry will remain steadfast, according to Fitch Solutions.

Pharmaceutical stocks benefit from disease spread

Thursday, Feb 06, 2020

Pharmaceutical stocks are experiencing an upsurge as fears of coronavirus have boosted demand for healthcare products and services, lifting demand for shares.

Pharmaceutical industry expects high growth

Tuesday, Jul 09, 2019

Eurocham highly values the potential of Viet Nam to become a centre for the research-based pharmaceutical industry including production, export and supplies of high quality healthcare services.

India, VN step up pharma ties

Tuesday, Jan 22, 2019

Significant potential for growth in trade in pharmaceutical and healthcare products exists between India and Viet Nam, experts at the Indian Pharmaceutical Exhibition and B2B Interaction said yesterday (Jan 21) in HCM City.

Pharma sector expects solid growth

Thursday, Dec 27, 2018

Vietnamese pharmaceutical companies are optimistic about the business prospects of the sector, with nearly 80 per cent of firms anticipating an annual industry growth rate of more than 10 per cent.

Vingroup enters pharmaceutical industry with Vinfa

Monday, Apr 09, 2018

Conglomerate Vingroup has announced its entry into the pharmaceutical industry with its Vinfa brand.