Health Ministry says ‘no’ to opening drug distribution market to foreignersVietNamNet Bridge - Decree 54 and the draft circular that guides its implementation compiled by the Ministry of Health (MOH) have both raised controversy: foreign investors say the regulations break Vietnam’s WTO (World Trade Organization) commitments. Vietnam still has not opened drug distribution servicesAmCham’s managing director Adam Sitkoff said the presence of multi-national drug companies in Vietnam allows access to high-quality drugs. The draft circular is feared to lead to an increase in drug importers’ and distributors’ operation costs. As Vietnam still has not opened distribution services, it has the right not to open transport and preservation services, which are parts of distribution services. RELATED NEWS$5.2 billion drug market attracts more foreign investorsDrug market bounces back with M&A dealsMai Thanh


Source:   VietNamNet News
March 21, 2018 06:22 UTC