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| Entrepreneurs in a talk at the Pharmed & Healthcare Vietnam 2010 - Photo: Dao Loan |
While many local firms are introducing new medicines and materials at the four-day Pharmed and Healthcare Vietnam 2010, foreign participants seek deals to sell machinery, equipment and new technologies for drug production and clinics.
The fifth annual exhibition at Tan Binh Exhibition and Convention Center in Tan Binh District features some 370 booths of local and foreign firms, including those from the Netherlands, Russia, England, France, Germany and Canada.
Representatives of some local firms told the Daily that their companies want to promote new medicines and find foreign partners to export products while foreign enterprises are looking for local clients and distributors.
“We are promoting a new cough medicine made from herbal materials and want to find foreign partners here. We’ve met some potential partners this morning,” said Nguyen Thi My Hanh, deputy sales director of OPC Pharmaceutical Joint-Stock Company.
She said OPC has exported medicine to Laos, Cambodia, and Eastern Europe, and has just had a partner from Nigeria. However, the company wants to increase the export proportion in its total revenue.
Pham Duc Thinh, chief representative of Vietnam-Korea Medical Corporation, said the company wanted to boost sales of equipment and to seek partners from local hospitals.
“We’ve found some clients in last year’s exhibition. We hope to find some new clients here,” he said.
Petra Kopecka, head of international relations of BTL, a manufacturer of physical therapy and cardiology products, said the local market was growing and “that’s why the company has just opened an office in the country along with joining the exhibition to promote products and seek local distributors.”
“I’m very much positive about business in Vietnam,” she said.
Deputy Minister of Health Cao Minh Quang said, “Both local and foreign firms are having a big chance to develop business in the country.”
The ministry is carrying out a plan to build more hospitals in districts and provinces across the country, he said, so “there are huge investment opportunities for entrepreneurs because the sector has the high demand for infrastructure, health equipment and technology transfer,” he said at the opening ceremony.
The event is organized by the Vietnam Pharmaceutical Companies Association, Advertisement and Fair Exhibitions Co., Health Communication and Education Center, and Vietnam Medical Products Import-Export JSC.
