Business Development Asia LLC

South East Asian Health News

ISSUE 3, OCTOBER 1997



VIETNAM



Rohto Pharmaceutical Co. of Japan has established an eye medication manufacturing company in Vietnam, Rohto-Mentholatum Vietnam. In October, Rohto will begin construction of manufacturing facilities in a joint Vietnam/Singapore industrial zone. The plant should be operational by 1999. (August 28th 1997)

The Vietnamese Government has announced its intention to approve the establishment of private, semi-public, JV and 100% foreign-invested hospitals, in an attempt to encourage all economic sectors to provide healthcare services. In the future, the Government also plans to allow the development of private and joint stock pharmaceutical enterprises. However, the Government will simultaneously strengthen state management of private pharmacies and doctors' consultation offices. (August 25th 1997)

The Vietnam Ministry of Health announced a project to produce medicines for use in the medical insurance sector. The aim of the project is to lower the cost of quality medicines by reducing production costs. The Ministry did not indicate which pharmaceutical enterprise will take charge of the project. (September 4th 1997)

Total Value of Medical Insurance in Vietnam

YearVND bnUS$ m
1994908
199512010
199627223
1997*32027

*BDA forecast

Recent News:

Indonesia, Malaysia, Singapore,Thailand, Philippines, Regional
Focus:

Malaysia: an increaslying entrepreneurial health sector

Business Development Asia LLC, The Economist Building,
111 West 57th Street, Suite 405, New York, NY 10019
Tel (212) 265 5300 Fax (212) 265 4300 E-mail bdallc@aol.com
A limited liability company incorporated in the State of Delaware
Home | Introduction | Services | Skills | Management | Contact | Newsletters