Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs

Vietnam to import 90% of its pharmaceutical materials

byCustoms Today Report
17/02/2015
in International Customs, Vietnam
Share on FacebookShare on Twitter

HANOI: Vietnam has to import 90 per cent of its pharmaceutical materials. Materials for western medicine production are not good for Vietnam and many other countries.

Even the US has to import nearly 90 per cent of their raw pharmaceutical materials. In order to solve the problem, the government assigned the Ministry of Health to develop the Vietnamese traditional medicine industry, which could become a competitive advantage for us.

You might also like

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

07/03/2026

Shippers see temporary lull in exports

05/02/2020

In the future, Viet Nam could produce rich medicinal sources for the pharmaceutical sector if we could produce and bring into the market a few hundred of the total 4,000 plant species that have been used for traditional medicine.

This could give us a big advantage, because the industry could provide products unique to our country.

The Traditional Medicine Department under the Ministry of Health found in an inspection that many raw materials being used did not meet standards.

There was a problem in the past. We have spent a long time developing oriental medicine in the country, which uses plants from China and other countries, as well as Viet Nam, but we haven’t spent as much time on Vietnamese traditional medicine.

Medicinal plants planted in the right soil and harvested in a timely manner will produce the best products. Good-quality input materials will help us produce standardised products.

However, we haven’t paid enough attention to the development of Vietnamese traditional medicine. We’ve just used oriental medicine for treatment and imported raw materials, but we haven’t done a good job controlling or standardising their quality.

South Korea, for example, is world-famous for its ginseng and Lingzhi mushrooms. Viet Nam currently has more than 4,000 traditional medicinal plant species, but Europe doesn’t grow these plants due to their different climate conditions.

Many of our species have been included on lists of rare and valuable plants, such as Ngoc Linh and Vu Diep ginsengs, and red pine.

.

Tags: can curein Vietnampharma sector's faultTraditional medicine

Related Stories

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

byCT Report
07/03/2026

KARACHI: Pakistan’s Islamic banking sector expanded during 2025, increasing its share in the country’s financial system with assets reaching nearly...

Shippers see temporary lull in exports

byadmin
05/02/2020

Shippers expect the coronavirus outbreak to have the greatest effect on farm product exports, notably fresh fruits and vegetables, with...

Toyota Motor Corp. employees work on the Crown vehicle production line at the company's Motomachi plant in Toyota City, Aichi, Japan, on Thursday, July 26, 2018. Toyota may stop importing some models into the U.S. if President Donald Trump raises vehicle tariffs, while other cars and trucks in showrooms will get more expensive, according to the automaker’s North American chief. Photographer: Shiho Fukada/Bloomberg

Toyota SA to invest over R4 billion in car assembly and parts

byadmin
05/02/2020

Toyota SA Motors (TSAM) has announced a R4.28bn investment in local vehicle assembly and parts supply. Speaking at the company’s...

Over 80 Kilos Cocaine Found On Dutch Plane In Argentina; Three Dutch Arrested

byadmin
05/02/2020

More than 80 kilograms of cocaine was found on a Martinair Cargo plane in Argentina. Seven men, three of whom...

Next Post

S Korean shipping company handles 80% of container volume at Port of Portland's Terminal 6

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.