VN, US boost cooperation in pharmaceuticals

Vietnam demonstrated interest in the United States ’ proposals on boosting bilateral cooperation in the field of pharmaceutical chemistry.

At a meeting with former US Trade Representative Charlene Barshefsky in Hanoi on December 9, Deputy Prime Minister Hoang Trung Hai stressed the importance of the pharmaceutical chemistry as a spearhead in the high-tech sector.

Vietnam ’s target to build a pharmaceutical industry will allow the country to boost its economy by gradually reducing its dependence on foreign imports, and take initiatives in providing healthcare services to people.

For her part, Barshefsky informed Hai of the work between the US delegation and the Ministry of Industry and Trade and the Ministry of Health in that the two sides acknowledged opportunities and challenges in the development of the pharmaceutical chemistry in Vietnam as well as investment and cooperation orientations in the field between the two countries.

The two sides reached a consensus that foreign investment attraction in the field should go together with technology transference which is an important factor to boost the pharmaceutical chemistry in the Southeast Asian nation.

Charlene Barshefsky held post as US Trade Representative in Vietnam from 1997-2001. She has also contributed to the signing of the Vietnam-US Bilateral Trade Agreement.

Source: VNA

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