Online medicine floor to open

Vietnam ’s first online medicine transaction floor will be open late this month at the web address

The floor, built by the Vietnam Pharmaceutical Companies Association (VPCA) is a new platform for both domestic and foreign-funded businesses, specialising in the production and trading of drugs, medical equipment, technologies and services.

VPCA chairman Do Van Doanh said that the floor was expected to stimulate domestic consumption and improve public awareness of made-in-Vietnam drugs and medical trademarks.

It was also a gateway for domestic enterprises and foreign partners to expand co-operation, Doanh said. With a population of more than 80 million, experts said that potential for growth in the Vietnamese pharmaceutical industry was high. The industry is expected to sell between US$12 and 15 worth of drugs per capita by 2010.

Source: VNA

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