New policies proposed to better serve pharmaceutical FDI firmsThe American Chamber of Commerce (Amcham) in Vietnam and the Vietnam Association of Foreign Invested Enterprises (VAFIE) jointly held a workshop in Hanoi on March 1 proposing new policies for foreign-invested businesses in the pharmaceutical industry. She asked for the revision of Clause 3 of the draft Circular guiding several articles of Decree No.54 which prescribes that enterprises must directly do distribution-related activities. In addition, legal documents are not permitted to apply retrospectiveness, except several special cases mentioned in the Law on the Promulgation of Legal Documents. However, the draft circular stipulates foreign-invested enterprises must abide by Decree No.54. This means that they have to stop preservation and transportation services after the decree takes effect.

Source: VietNamNet News March 02, 2018 04:05 UTC