The global pharmaceutical industry is expected to be worth more than $1 trillion in 2014, marking a 5% compound annual growth rate according to research from Urch Publishing.   The industry is comprised of companies that make, patent and sell drugs that have therapeutic effect. The market is highly competitive and entry is difficult due to […]

Economy – overview  Vietnam is a densely-populated developing country that in the last 30 years has had to recover from the ravages of war, the loss of financial support from the old Soviet Bloc, and the rigidities of a centrally-planned economy. While Vietnam’s economy remains dominated by state-owned enterprises, which still produce about 40% of […]

Countries covered: Vietnam  BMI View: Growth in pharmaceutical sales in Vietnam will be driven by increasing affluence, anincreasingly ageing population and the country’s high burden of both communicable and noncommunicablediseases, therefore the country’s prospects will continue to attract pharmaceutical firms.However, a downside risk for non-domestic firms is the country’s resistance to foreign direct investments. BMI View: […]