Medicine prices in Vietnam in lower range in Asia-Pacific: conference
Medicine prices in Vietnam are in the lower range compared to those in other countries in the region, heard the Asian Federation for Pharmaceutical Sciences (AFPS) Conference 2023 that is taking place in Hanoi from November 8-10.
Hanoi (VNA) – Medicine pricesin Vietnam are in the lower range compared to those in other countries in theregion, heard the Asian Federation for Pharmac💞eutical Sciences (AFPS)Conference 2023 that is taking place in Hanoi from November 8-10.
Themed “Collaboration for Breakthroughs inPharmaceutical Sciences", the event is co-hosted by the HanoiUniversity of Pharmacy, AFPS, and the Ho Chi Minh University of Medicine andPharmacy and held biennially among AFPS’s 24 member countries. As the largest pharmaceutical conference inthe Asia-Pacific, the event has attracted over 500 delegates in-person,including around 200 from 26 countries and territories, and 350 rapporteursdelivering oral and poster presentations.
Vice Health Minister Nguyen Thi Lien Huong speaks at the event (Photo: VNA)
In her opening speech, Vice Health Minister Nguyen Thi Lien Huong cited a report on the Vietnamese pharmaceuticalindustry as saying that as of 2022, the total value of the domestic pharmaceuticalmarket had reached nearly 7 billion USD, with an annual growth rate of10.6%. The average spending on medicines per capita hit 75 USD. In Vietnam, there are 228 pharmaceuticalcompanies that meet Good Manufacturing Practice (GMP) standards, including 17facilities that have been certified with EU-GMP, which is equivalent to EU-GMPand PIC/S-GMP. The industry is currently seeing 90% ofraw materials being imported and focusing on producing generic drugs and exportingseveral products, she said. To sustainably develop the industry, she saidthe Government has approved a national strategy till 2030 with a vision to2045. The conference and sideline events provide aplatform to share knowledge and experience among scientists, medical staff,pharmaceutical manufacturers and policymakers, toward a sustainable healthcaresystem. Participants are discussing topics in specific areas, including clinical and social pharmacy, pharmaceutical management, pharmacologyand biomedical science, drug research and development, medicine formulation anddistribution; natural compounds and traditional medicine; and pharmaceutical, biopharmaceuticaland biosimilar analysis./.
Vietnamese representatives shared the country's policies on promoting traditional medicine at the first Traditional Medicine Global Summit which took place in India from August 17-18.
The Ho Chi Minh City Centre for Disease Control (HCDC) signed a cooperation agreement on preventive medicine with the Oxford University Clinical Research Unit (OUCRU) on August 31, aiming to make strides toward improving the disease control capability at the centre.
A Vietnamese delegation attended the China (Bozhou)- RCEP Traditional Chinese Medicine Industry Cooperation Conference that took place on September 8 in Bozhou city, China’s Anhui province.
Medical experts from the University of Queensland of Australia had a working session with Hanoi Medical University (HMU) to develop collaborative projects that aim to enhance the capacity of the health system and improve the health of Vietnamese people.
Despite storm-related disruptions and flight delays, the organs were successfully transported via a combination of air and ground travel. All patients are currently stable and recovering well.
The patient, Tieu Viet But, born in 1970 and residing in Binh Tri commune, Binh Son district, the central province of Quang Ngai, was working aboard fishing vessel Qng – 95657TS when the incident occurred at 7:00 am.
All drugs entering hospitals must have a clear origin, so counterfeit drugs are only in the market, not in hospital, affirmed Minister of Health Dao Hong Lan.
To achieve its goal of becoming a developed nation by 2045, Vietnam is prioritising the integration of AI and digital tools into the training of future doctors, said Assoc. Prof. Dr. Nguyen Viet Nhung, Dean of Medicine at University of Medicine and Pharmacy, Vietnam National University (VNU) Hanoi.
Health experts called for collective disease prevention and integrated solutions to achieve zero dengue deaths in the country at an online talk show on June 14.
The PM called for closer, broader, and more effective cooperation with Vietnamese partners, guided by the principles of mutual benefit, joint efforts, shared outcomes, and common development, including promoting stronger public-private partnerships and collaboration with businesses.
Renowned for its expertise in complex surgeries, the hospital has attracted foreign patients seeking treatment for conditions such as kidney and urinary tract stones, urological and gastrointestinal cancers, and male reproductive disorders. Most procedures are performed using advanced techniques, including laparoscopy and robotic surgery. T
Leading Vietnamese companies specialising in respiratory and dermatological treatments, traditional medicine, immune support supplements, and functional foods will have an opportunity to connect with international distributors and secure export deals.
The project aimed to enable early detection and reduce the risk of dangerous complications, targeting patients with chronic diabetes, cardiovascular conditions and metabolic disorders.
A 2023 report by the Vietnam Health Economics Association estimated that the total cost of tobacco-related healthcare and economic losses reached 108 trillion VND (4.14 billion USD) annually – equivalent to 1.14% of GDP and five times higher than the budget revenue generated by the tobacco industry.
All eligible patients will receive surgical interventions and post-operative care in accordance with Vietnamese medical standards and global care protocols.
Medical screenings and surgical interventions for children with disabilities are being carried out at health centers across Dien Bien. So far this year, 242 children have been identified for diagnosis, treatment, surgery, and the provision of assistive devices.
The Red Journey has become the country’s largest and most effective blood donation campaign, leaving a strong impression on the national voluntary blood donation movement.
This case marks the ninth fetal cardiac intervention conducted in HCM City, and it was considered the most technically demanding to date due to the fetus’s extremely early gestational age and the severity of the condition as diagnosed with aortic atresia.
The groundbreaking ceremony took place one day after the VNVC Vaccine JS Company and Sanofi Group exchanged cooperation documents on vaccine production technology transfer under the witness of State President Luong Cuong and French President Emmanuel Macron.
Vietnam’s traditional medicine took centre stage at the International Congress Biopharm Nonclinical Development, BioNCiD 2025, held on May 25-26 in the Cuban city of Varadero, amid growing global interest in sustainable healthcare solutions.
Under the agreement, VNVC and Sanofi will gradually implement technology transfers to enable domestic production of several key Sanofi vaccines that are widely used in Vietnam. In addition, Sanofi will support VNVC in training human resources and quality management in vaccine research and manufacturing.
Despite the ongoing global circulation and unpredictable developments of SARS-CoV-2, the World Health Organisation (WHO) hasn’t issued new warnings about COVID-19, said the Ministry of Health.
Illustrative image (Photo: VNA) 
Vice Health Minister Nguyen Thi Lien Huong speaks at the event (Photo: VNA) 
