HANOI (Bernama) – The Ministry of Public Health has launched a national strategy to develop the domestic pharmaceutical industry until 2020, Vietnam News Agency (VNA) reported.
Domestically manufactured medicines constitute 80 per cent of total consumption in the country.
Deputy Minister of Public Health Pham Le Tuan said at the launch ceremony in Hanoi recently that the strategy also envisions sufficient drugs for disease treatment and prevention, including vaccines for an expanded national inoculation scheme with 30 per cent for public services.
All drugstores, vaccine and medical biological product test centres are expected to meet standards for good pharmacy practice while the sector is hoped to meet 20 per cent of demand for materials for medicine production.
Tuan said about 133 drug manufacturers and nearly 10,000 drugstores satisfy good pharmacy practice standard as of late November this year.
“Most locally made drugs sold in the market are generic types which require low-cost, simple manufacturing that often causes unhealthy competition among producers.
“The sector has yet to tap the potential of medicinal resources available locally,” he said.