The new tie-ups have the potential to improve the health of millions of Vietnamese people In particular, the strategic partnership between GSK Vietnam and Phytopharma is expected to help solve challenges in pharmaceutical supply, especially in response to the severe pandemic impacts. According to the World Economic Forum, several national lockdowns around the world continue to slow or even halt the flow of raw materials and finished goods, delaying manufacturing. This is due to severe disruptions in the supply chain and market volatility. The supply chain, especially that of the medical industry, is inherently a fragile business. Besides causing a crisis for both businesses and consumers, shortages also impede pharmaceutical progress. Therefore, service providers must secure their supply and control distribution for a growing market like Vietnam. In times of shortages, collaborative programmes play a strategic role to ensure a continuous supply. For one, international … [Read more...] about GSK’s strategy of sustainable healthcare
Who traditional medicine strategy
Green transition the only pathway ahead
PTSC, a unit of PVN, is installing underwater cables for an offshore wind turbine of the Tan Thuan Project. — Photo pvn.vn The pandemic has been exposing the unsustainability of current consumption and production models, stressing the need for a green growth strategy and the incorporation of sustainability into the heart of business. Deputy Minister of Science and Technology Tran Van Tung made the remark at the Vietnam – Singapore Board Forum (VSBF) 2022 on Friday. Tung underlined innovative start-ups as the catalyst for the efficient use of resources, management enhancement and the better allocation of capital and technology, enabling the business sector to speed up on the path towards sustainability. In this regard, his ministry and its Singaporean partners have cooperated to introduce the concept of an “open innovative startup ecosystem” (OISE) and launched many OISE-related initiatives in Viet Nam. “The notion of openness in OISE means the involvement of businesses in … [Read more...] about Green transition the only pathway ahead
Bear cubs rescued from wildlife trade in Vietnam
The two sisters, named Be and Em, were confiscated by authorities from a man who admitted catching them in a cardamom field with a plan to sell them, the Four Paws organization said. Vietnam is a major hub for the illegal trade in wild animals, and bears are kept to drain the bile from their gall bladders for use in traditional medicine. The rescued cubs have been taken to a sanctuary in Vietnam run by Four Paws, where they will be reared and spend the rest of their lives. They cannot be returned to nature because there are no safe places for bears in Vietnam and no projects to reintroduce them to the wild. "At the moment they mostly eat, play, and sleep but we can already see their individual personalities showing," Emily Lloyd, Animal Manager at the sanctuary, said in the Four Paws statement. "Be is very playful and confident, while Em for now is more reserved but nonetheless curious." Four Paws said the sanctuary has hand-raised five bears rescued from similar … [Read more...] about Bear cubs rescued from wildlife trade in Vietnam
More favourable rule system urged for healthcare PPPs
Speakers at last week’s conference noted that dozens upon dozens of multinationals are interested in the healthcare PPP model in Vietnam. Photo: Chi Cuong At last week’s conference on the issue, hosted by VIR , Deputy Minister of Planning and Investment Tran Duy Dong said that Vietnam’s healthcare sector is facing a number of big issues, including rising infectious and non-communicable disease figures, hospital overload, and an ageing population. The pandemic has also revealed some weaknesses in the sector. “To further improve healthcare service quality and meet demand, mobilising financial resources for new development of infrastructure and medical equipment is a key requirement,” he noted. For the past five years, the government has looked to strengthen the implementation of a model for public-private partnerships (PPPs) for the public sector, including in healthcare services. However, according to VIR’s editor-in-chief Le Trong Minh, the picture of such investment in … [Read more...] about More favourable rule system urged for healthcare PPPs
Young Vietnamese woman endeavors to preserve Dao culture
Thinking back to 2018, Ly May Hanh said that every time a passenger coach passed by, around 20-30 people of the Dao, an ethnic group in Vietnam, rushed forward, with some offering brocade and others selling medicinal plants to the visitors. Some days, they could not sell anything. When visitors are nearing Ta Phin bamboo forest, a tourist hotspot in Ta Phin Hamlet, Sa Pa Town in northern Lao Cai Province, a cool breeze comes up as a welcome relief to them especially after they have had to cross a bumpy trail with rocky mountains on one side and a deep abyss on the other. The sounds of forest birds twittering and leaves rustling mingle with admiring voices of the young visitors. Looking at Hanh's smiling face when she tells her stories about the bamboo forest and the culture of the Dao people in Ta Phin, little does one know that this 22-year-old woman used to be a tour guide and interpreter for owners of fruit shops in Lao Cai City, the provincial capital. By … [Read more...] about Young Vietnamese woman endeavors to preserve Dao culture
Institutional reforms key to reaching high-income status
Speakers at a conference discuss how improving institutional performance can help Viet Nam achieve its target of reaching high-income status in 2045. — VNA/VNS Photo Viet Nam must seek to adapt its economic growth model while drastically improving the Government's capacity to coordinate and implement economic policy reforms and public investments to realise its objective of reaching high-income status by 2045, said a recent World Bank (WB) report. The report emphasises the major challenges faced by Viet Nam's traditional growth model during the COVID-19 pandemic, slowing globalisation and the Southeast Asian economy's increasing vulnerability to external shocks, especially climate risks. The key to addressing said issues, according to WB, is for the country's institutions to adapt and improve. “Viet Nam's GDP per capita has increased fivefold over the past three decades, while its institutions have not adapted at the same speed since the Doi Moi (Renewal) course of the late … [Read more...] about Institutional reforms key to reaching high-income status
More units kick-start gratitude activities
In Hai Phong city, Radar Regiment 295 of Division 363 under the Air Defense - Air Force Service sets a target that within 75 days, starting from May 14, the whole regiment will get highest results in building firm political stance, promoting high sense of responsibility, carrying out combat readiness, training, regularity building, and military discipline observance duties, realizing policies and organizing activities marking the Wounded and Fallen Soldiers’ Day. They will strive to have no case of violation of military discipline and State laws, and no incident in training, traffic participation and other activities. Under the emulation program, the Military Command of Ninh Binh province will boost dissemination of information and education on the tradition “When drinking water, remember its source,” and “Gratitude” of the nation, military, and implement policies for national contributors. At the launch of the emulation drive of the Soc Trang provincial Military Command, the … [Read more...] about More units kick-start gratitude activities
Pharmacy chains to marginalise private drugstores
A client buys medicine at a Long Chau pharmacy. — VNA/VNS Photo Hoang Tung Big names in the pharmaceutical industry are wasting no time expanding their market dominance, raising concerns over the marginalisation of private drugstores. Official data shows that three leading pharmaceutical retailers in Viet Nam own 1,962 drugstores by 16 May: 1,088 belong to Pharmacity, 581 to Long Chau and 293 to An Khang. Pharmacity aims to reach over 5,000 drugstores by 2025, Long Chau has set a target of 800 by year-end, and An Khang is striving to raise its number of pharmacies to around 400 by late June. Expansion can be observed in other pharmaceutical retailers, including Phano Pharmacy, Nha thuoc 7 and Nha thuoc Muoi, which also want a bigger share of the pie. The fast growth of pharmacy chains has put off many pharmacists who planned to open their own private drugstores. They are concerned that their drugstores can no longer provide a niche in such a highly competitive market. … [Read more...] about Pharmacy chains to marginalise private drugstores
US-ASEAN ties to be upgraded to Comprehensive Strategic Partnership in November: Statement
Group photo of ASEAN leaders and US President Joe Biden in front of the White House at the banquet held on May 12, held ahead of the ASEAN-US Special Summit. (Photo: VNA) Washington D.C. (VNA) - The United States and ASEAN countries’ leaders have met for the US-ASEAN Special Summit in Washington on May 12-13. Following is the full text of the statement: ASEAN-U.S. Special Summit 2022, Joint Vision Statement MAY 13, 2022 WE, the Member States of the Association of Southeast Asian Nations (ASEAN) and the United States gather on the occasion of the ASEAN-U.S. Special Summit, the first-ever to be held in Washington, D.C., on 12-13 May 2022. EMPHASIZING the importance of adhering to key principles, shared values and norms enshrined in the Charter of the United Nations, the ASEAN Charter, the Declaration on Zone of Peace, Freedom and Neutrality (ZOPFAN), the Treaty of Amity and Cooperation in Southeast Asia (TAC), the 1982 United Nations Convention on the Law of the Sea … [Read more...] about US-ASEAN ties to be upgraded to Comprehensive Strategic Partnership in November: Statement
Deploying public-private health plans
Vice chairman Torben Minko How do member companies of the European Chamber of Commerce in Vietnam (EuroCham) evaluate the potential of public-private partnership (PPP) development in Vietnam? Vietnam has a promising opportunity for PPP development with a dynamic population, an increasing middle-income class, and also a rising need for high-quality products and services. Currently, PPPs are not yet applied in the services area. Service-based PPPs can unlock further contributions from the private sector toward an inclusive, forward-looking, and sustainable healthcare system. As such, a legal framework is a key that is conducive to business via a predictable and sustainable environment. EuroCham’s Healthcare Forum includes three sector committees namely Pharma Group (PG), International Quality Medicines (IQMED), and Medical Device Diagnostics (MDDs). The key interests of EuroCham members in PPP include machine installation models in hospitals, addressing public health concerns, … [Read more...] about Deploying public-private health plans