Medicine Importing Companies to Register Planned Retail Price

Viet Nam’s Health Ministry issued on May 16 a directive on importing and exporting medicine and cosmetics.

Medicine importing enterprises have to register planned retail price( Photo:U.Phuong)

Accordingly, enterprises must enclose order form and the list of importing medicine prices including importing price to Viet Nam (CIF price excluding tariffs); wholesale and retail prices in Viet Nam if medicines have not had import registering number.

Prices are registered on Viet Nam’s currency (VND) for the smallest packages.

For the final products with registered number, when there are price changes, enterprises must register again.

Importing authorizing enterprises have to provide full and precise information of the foreign partners’ price to their authorized companies.

By Quang Phuong - Translated by Uyen Phuong

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