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Vietnam Drugs Market Unfazed By WTO Norms For Openness

This article was originally published in PharmAsia News

Executive Summary

Although compliance with World Trade Organization norms has meant a more open pharmaceutical market for Vietnam, the country's drug makers are not concerned about the competition. Among the leading retail firms are Phytopharma, Sapharco and Vimedimex, none of whom shows concern about the possible competition. The head of Phytopharma notes the drugs markets are specialized and local businesses have an advantage when it comes to importing or exporting in a particular country such as Vietnam. (Click here for more

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