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Inflation Causes Fear Of Vietnam Drug Shortage

This article was originally published in PharmAsia News

Executive Summary

Vietnam faces a possible shortage of drugs because of recent inflation-driven price increases, according to pharmaceuticals and hospitals represented at a conference. In Da Nang, the retail price of drugs has increased by as much as 30 percent during the past few months even though distributors are honoring contracts signed when prices were lower. Citing the increase, one hospital head said there was a chance hospitals in Vietnam soon would see a shortage of drugs. The head of the Ministry of Health's drug administration said the government would raise caps on drug prices the rest of this year, but only in sync with the consumer price index. (Click here for more

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