OIC New participated in the annual VIETNAM MEDI PHARM EXPO, taking place from August 17 to 19 at Saigon Exhibition & Convention Center (SECC). – 799 Nguyen Van Linh, District 7, City. Ho Chi Minh.

Health is a specific industry, related to human health and life, so it is of great interest to society.

According to the European Chamber of Commerce in Vietnam (EuroCham), the market value of medical equipment in Vietnam is currently at 465.4 million USD and is forecasted to continue to grow when reaching 1.4 billion USD. USD in 2018. The reason is because the economy is growing, people’s incomes are increasing, so the demand for health care and protection is increasing, along with the demand for medical equipment. and more. Meanwhile, Vietnam has only about 50 medical equipment manufacturing enterprises licensed by the Ministry of Health, providing only about 600 product samples, most of which are simple items, not enough to meet the needs of consumers. market demand.

With the current market size of about 1,000 medical device companies operating in Vietnam, the number of imported medical devices has increased gradually over the years. For example, if in 2012 the Ministry of Health only licensed the import of medical equipment for 3997 orders, by 2013, this number was 4205 orders and in 2014 it was 5500 orders.

According to the Ministry of Health, the import of medical equipment is increasing, the proportion of imported goods accounts for about 90% of the whole market. In which, the main supplying countries of medical equipment to Vietnam are Japan, Germany, the US, China and Singapore and account for about 55% of Vietnam’s medical equipment import value. Investment in high-tech medical equipment is concentrated mainly in large hospitals in big cities such as Ho Chi Minh City. Ho Chi Minh City, Hanoi, Hue, Da Nang, Can Tho….Particularly City. Ho Chi Minh City in the next 3 years is estimated to invest about 900 million USD to upgrade medical equipment for hospitals.

Vietnam’s pharmaceutical industry in 2016 has a strong growth in Southeast Asian countries, Vietnam’s pharmaceutical industry is having great opportunities because the domestic pharmaceutical market is the strongest growth market in Asia. It is known that Vietnam’s pharmaceutical market is worth 4.2 billion USD as of 2015, the growth rate in the period 2010-2015 is 17-20% and by 2017, the growth rate of the market will be 17% higher. Per capita pharmaceutical consumption is $40.

According to the analysis of enterprises operating in the field of manufacturing medical equipment in Ho Chi Minh City, with plans to develop and expand hospitals and medical examination and treatment facilities in many localities as at present, there is ample space. to invest heavily in the field of medical equipment is very large.

In the next three years, the HCMC market alone is estimated to require about $900 million to $1 billion in investment capital.

Based on that growth momentum, the International Exhibition on Medicine and Pharmacy is held every August in Ho Chi Minh City. Ho Chi Minh City has been receiving the attention of many domestic and foreign manufacturers and traders. Vietnam Medi Pharm Expo event in Ho Chi Minh City Ho Chi Minh City has been organizing for 16 years, a long way in trade promotion activities of the medical and pharmaceutical industry, making a significant contribution to connecting trade between businesses in the industry. Thereby, modern medical machines and technologies, advanced pharmaceuticals in the world are directly accessible to public, private and people hospitals across the country.

Vietnam Medi Pharm Expo 2017 with the participation of 250 enterprises who are large corporations, prestigious companies from 22 countries and territories such as: USA, Germany, Italy, France, Ukraine, Belarus, Russia , Uzebakistan, Iran, Turkey, Korea, Japan, China, India, Taiwan, Malaysia, Singapore, Pakistan, Thailand… displaying 5 main commodity groups:

• Medical and laboratory equipment; Healthcare product.
• Pharmaceuticals, functional foods, cosmetics, cosmetic equipment.
• Pharmaceutical processing and packaging machinery.
• Dental equipment.
• Ophthalmic equipment

VIETNAM MEDI PHARM EXPO exhibition is organized by Vinexad Company – Ministry of Industry and Trade and Medical Equipment Association of Ho Chi Minh City. Ho Chi Minh. With many promotional, communication and business outreach activities, the Organizing Committee hopes that this year’s Vietnam Medi Pharm Expo will really bring about a comprehensive result for businesses with an expected number of visitors about 15,000. passengers.

This is also an opportunity for Nhat Hai New Technology Joint Stock Company (OIC New) to participate in the exhibition to introduce Liquid Nano Curcumin OIC (LNCO) and OIC Black Garlic products to a large number of consumers both at home and abroad.

Some pictures participating in the exhibition of OIC New