100% of Medicines-trading establishments meet good practice standard.

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SB Law becomes a legal partner of Singapore Airline
SB Law becomes a legal partner of Singapore Airline

This is one of objectives that the Prim Minister placed for the Ministry of Health, the Ministry of Industry and Trade and other relevant industries at the Decision No. 68/QD-TTg dated January 10, 2014 approving the National Strategy on Vietnam pharmaceutical industry’s development to 2020 and with the vision to 2030.

Specific objectives to 2020 are timely supply 100% of preventive and curative drug demand; to strive to produce 20% of raw materials demand for domestic medicine production, drugs produced domestically occupying 80% of total value of drugs consumed in year, in which drugs from material medical shall occupy 30%;vaccines produced domestically shall meet 100% of demand for expanded vaccination and 30% of demand for service vaccination;

To strive to attain 40% generic drugs produced domestically and imported with circulation registration number already assessed bioequivalence and bioavailability;  100% of medicines-trading establishments under the drug distribution system meet good practice standard, 50% of testing establishments and 100% of establishments of examining and verifying medical biological products and vaccines meet good practice standard (GPS)…

The Prime Minister has asked the Ministry of Health, the Ministry of Industry and Trade and the Ministry of Finance and other relevant units to have solutions on formulating law, regime, policy; planning; inspection, check and organization completion; investment; science and technology, human resources and training; cooperation and international integration.

In particular, to allocate and balance investment sources for pharmaceutical industry, to call up ODA capital sources to prioritize for development of pharmaceutical industry; to review and complete the legal document system in foreign investment, policies related to investment incentives and special investment incentives to facilitate for promoting development of domestic pharmaceutical industry.

This Decision takes effect on the signing date