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Vietnam Authority To Manage Drugs To Curb Price Fluctuations

This article was originally published in PharmAsia News

Executive Summary

Vietnam's Drug Administration Department says it intends to manage the prices of all drugs, imported and domestic, in an effort to control the fluctuation of prices this year. The department vowed prices would be managed in all phases of the pricing process, from production and importation to wholesale and retail sales. Vietnam authorities said prices would be based on production costs, incorporating the cost of materials and distribution of the products. Import prices would be based on importing costs, transportation and management costs and profits, the department said. (click here for more

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