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Vietnam offers significant opportunities for Indian generic drugmakers Fitch-ANI

Singapore, January 25 (ANI): Vietnam s domestic pharmaceutical industry is currently able to meet just 53 per cent of the country s demand, representing significant opportunities for Indian investors as India is among the leading global producers of generic medicines, according to Fitch Solutions.
It said the enormous volatility in global trade environment has pushed businesses into diversifying their supply chains away from China, which has increased the importance of India-Vietnam trade route for international business.
There is an enormous potential for Vietnam to purchase generic medicines from India, but the former is actively trying to get Indian pharmaceutical companies to manufacture in Vietnam instead of importing, said Fitch. ....

Republic Of , Fitch Solutions , Vietnam 39s Domestic Pharmaceutical Industry , Indian Investors , Generic Medicines , India Vietnam Trade , Raw Pharmaceutical Materials , Generic Medicine Materials , Medical Equipment Sector , குடியரசு ஆஃப் , ஃபிட்ச் தீர்வுகள் , வியட்நாம் உள்நாட்டு மருந்து தொழில் , இந்தியன் முதலீட்டாளர்கள் , ஜெநெரிக் மருந்துகள் , இந்தியா வியட்நாம் வர்த்தகம் , ரா மருந்து பொருட்கள் , ஜெநெரிக் மருந்து பொருட்கள் , மருத்துவ உபகரணங்கள் துறை ,

Vietnam offers significant opportunities for Indian generic drugmakers: Fitch

Vietnam offers significant opportunities for Indian generic drugmakers: Fitch
ANI |
Updated: Jan 25, 2021 11:48 IST
Singapore, January 25 (ANI): Vietnam s domestic pharmaceutical industry is currently able to meet just 53 per cent of the country s demand, representing significant opportunities for Indian investors as India is among the leading global producers of generic medicines, according to Fitch Solutions.
It said the enormous volatility in global trade environment has pushed businesses into diversifying their supply chains away from China, which has increased the importance of India-Vietnam trade route for international business.
There is an enormous potential for Vietnam to purchase generic medicines from India, but the former is actively trying to get Indian pharmaceutical companies to manufacture in Vietnam instead of importing, said Fitch. ....

Republic Of , Fitch Solutions , Vietnam 39s Domestic Pharmaceutical Industry , Indian Investors , Generic Medicines , India Vietnam Trade , Raw Pharmaceutical Materials , Generic Medicine Materials , Medical Equipment Sector , குடியரசு ஆஃப் , ஃபிட்ச் தீர்வுகள் , வியட்நாம் உள்நாட்டு மருந்து தொழில் , இந்தியன் முதலீட்டாளர்கள் , ஜெநெரிக் மருந்துகள் , இந்தியா வியட்நாம் வர்த்தகம் , ரா மருந்து பொருட்கள் , ஜெநெரிக் மருந்து பொருட்கள் , மருத்துவ உபகரணங்கள் துறை ,