• July 27, 2024
Vietnam's pharmaceutical industry has experienced substantial growth

Previously, BMI Research predicted that the pharmaceutical market in Vietnam would grow at a compound rate of 11% in VND and reach a size of $16.1 billion by 2026.

According to some reports, Vietnam’s health expenditure is projected to reach $23.3 billion by 2025 and $33.8 billion by 2030. Prescription drugs will account for a larger share of the pharmaceutical industry’s total sales due to increasing demand for cures, national health insurance, rising incomes, better healthcare infrastructure, and the growth of generic drugs.

If the Vietnam potential pharmaceutical industry also attracts you, join the Vietnam Medi-Pharm Expo 2023 in Hanoi and Ho Chi Minh City to gain more industry intelligence.

Vietnam Medi-Pharm Expo 2023 (Hanoi)

Venue: Cultural Friendship Palace

Address: 91 Tran Hung Dao St, Hanoi, Vietnam

Date: 10/ 05/ 2023 – 13/ 05/ 2023

The 30th Vietnam International Medical and Pharmaceutical Exhibition (Vietnam Medi-Pharm 2023) hosted by the Ministry of Health and supported by other related Ministries and branches.

The exhibition attracts more than 450 enterprises and organisations with numerous well-known brands from 20 countries and regions, as well as the leading Vietnamese pharmaceutical and medical equipment sellers and manufacturers.

Main Exhibits include:

  1. Medicine
  2. Medical Supplies and Equipment
  3. Clinic and Hospital Furniture and equipment
  4. Dental Equipment
  5. Surgical Equipment
  6. Diagnostic Equipment, Ophthalmology Equipment
  7. Laboratory Equipment
  8. Equipment for Physiotherapy, Orthopaedic Surgery
  9. Medical Aid Devices
  10. Models, Teaching Aids in Medical and Pharmacy Schools
  11. Waste Processing Equipment
  12. Medical Technology
  13. Raw Pharmaceutical Chemistry, Pharmaceutics Materials
  14. Traditional Vietnamese & Chinese Medicine
  15. Medicine Manufacture Line, Packaging Equipment
  16. Medical Examination and Consultation Services, Insurance, Medical publications
  17. Medical Tourism

After 29 editions, Vietnam Medi-Pharm has proven to be a reputable annual Pharmaceutics Exhibition in Vietnam in both scale and quality of attendance.

In the exhibition, there will be various specialised seminars, business-to-business (B2B) sessions between international and Vietnam enterprises and many other activities promoting Vietnamese public health.

Book your time to attend the exhibition in May.

Vietnam Medi-Pharm Expo 2023 (Ho Chi Minh City)

Venue: Saigon Exhibition & Convention Center (SECC)

Address: 799 Nguyen Van Linh Street, District 7, Ho Chi Minh City.

Date: 03/ 08/ 2023 – 05/ 08/ 2023

If you miss the expo in Hanoi, don’t worry. Grab another chance to schedule and book a position now for Vietnam Medi-Pharm Expo 2023 in Ho Chi Minh City.

The annual typical and comprehensive exhibition of the Medical and Pharmaceutical Industry is organised by VINEXAD (under the Ministry of Industry and Trade) in cooperation with the Ho Chi Minh City Medical Equipment Association with the support of the Ministry of Health (HMEA).

In 2023, the Vietnam Medi-pharm Expo in Ho Chi Minh City is expected to welcome 350 businesses from 20 countries and territories, including India, Poland, Taiwan, Germany, Korea, Malaysia, the United States, Russia, Japan, Pakistan, France, Singapore, Thailand, Turkey, China, Australia, Italy, and Vietnam.

5 Main Industry groups will exhibit their products in the exhibition:

  1. Pharmaceuticals, dietary supplements, processing and packaging machinery
  2. Medical equipment, analysis, testing, clean room equipment, protective wear and etc.
  3. Hospital furniture & services, Medical tourism
  4. Dental equipment, ophthalmology
  5. Cosmetics, cosmetology, beauty equipment.

Good prospect in Vietnam’s pharmaceutical market attracts investors

At a recent conference on pharmaceuticals and healthcare in Ho Chi Minh City, a representative of the HCMC Department of Health (Mr. Le Ngoc Danh, Deputy Head of the Pharmaceutical Department) stated that the Vietnamese pharmaceutical industry is worth approximately $6.2 to $6.4 billion per year.

In this case, Ho Chi Minh City’s pharmaceutical market makes for 30-40% of the country’s total. Ho Chi Minh City is also the last stop in the southern area for medical examination and treatment.

As a result, the upcoming Vietnam Medi-pharm Expo in HCMC 2023 is regarded as one of the best chances for medical and pharmaceutical businesses and units to engage in promoting and connecting trade and finding partners. If you’ve missed the Vietnam Expo 2022 in Ho Chi Minh City, and don’t miss this Vietanme Medi-Pharm Expo in 2023.

Specialised seminar

The Ho Chi Minh City Medical Equipment Association and related Departments of Vietnam’s Ministry of Health are holding a seminar and exhibition on the Vietnamese healthcare market and rules on medical and pharmaceutical imports.

What will you gain at Vietnam Medi-Pharm Expo?

  1. Market insights
  2. Networking opportunities
  3. Business expansion
  4. Good chance to promote your product
  5. Partnership building
  6. Improvement in your business product and services

If you are planning to import or export Vietnamese pharmaceutical products or start a related business in Vietnam, then take advantage of this opportunity. You can visit the related websites for more about these two exhibitions:

Vietnam Medi-Pharm Expo 2023 (Hanoi): https://www.vietnammedipharm.vn/Default.aspx?language=en-US

Vietnam Medi-Pharm Expo 2023 (Ho Chi Minh City): http://hcm.medipharmexpo.com/en/

If you’ve decided to join the expo, read this blog to learn how to make full use of this opportunity and have a successful exhibition! You can find out more about Vietnam’s economy in this blog as well.

Can’t make it to Vietnam Medi-Pharm Expo 2023?

Identify and know your potential partners better through TradeData.Pro!

A sneak peek at sample data search of Vietnam medicine exporter in TradeData.Pro
This is an example of the data related to the Vietnam pharmaceutical industry available on TradeData.Pro

Besides the expo, you can also find your supplier or business partner through TradeData.Pro. TradeData.Pro provides import-export data of more than 220 countries, including Vietnam. This provides you a good chance to grasp Vietnam pharmaceutical industry intelligence.

From there, you can create a qualified list of potential suppliers in Vietnam pharmaceutical industry, with their location, trade information, business partners and a lot of other information through TradeData.Pro dashboard. Additionally, you can also track your competitors in Vietnam pharmaceutical industry by using such custom data. Interested in discovering the most effective method to monitor your competitors using TradeData.Pro? Click here.

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Since the launch of TradeData.Pro in 2018, TradeData.Pro has received overwhelmingly positive remarks from market. This is because TradeData.Pro has wide coverage, low cost, and fast response. There are many leading companies from different industries that have subscribed to TradeData.Pro.

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Finding these critical data has traditionally been challenging. But this information do exist, but as part of government import and export filing requirement. The detailed shipment information which are within these filings constructions the core of the global trade.

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The most trustable and reliable source for Trade Data.

TradeData.Pro is a reliable and trustworthy source of trade data proudly made in Singapore, a country known for its stable political climate and trade-driven economy. Presented by Commodities Intelligence Centre, a government-linked company and a joint venture of Zall Smartcom, SGX, and GeTS, TradeData.Pro has received positive feedback from the market since its launch in 2018 for its extensive coverage, affordability, and fast response. The platform has been awarded the Singapore Quality Class in 2020 and the Stevie Award Gold in 2021.

Traditionally, obtaining critical data to reveal trends, identify market opportunities, track competitors, buyers, and suppliers, and better understand the potential of the supply chain has been a challenge. However, the detailed shipment information that is part of government import and export filing requirements does exist and forms the core of global trade. TradeData.Pro has gathered and packaged this information as business intelligence, which helps companies understand the flow of goods across borders and features the world’s largest searchable trade database. TradeData.Pro reviews, standardizes, and cleans data and delivers it in an intuitive format, making it easier for businesses to access.

Businesses interested in staying updated on Vietnam, the hottest industry lately, can access all relevant information on the TradeData.Pro platform. They can find the exact product they’re interested in by checking out the trade database demo at https://tradedata.pro/asia-trade-data/vietnam-import-export-data/. To learn more about accessing new markets, visit https://tradedata.pro/trade-database-demo/.

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