Online | July 22, 2016
The current strain on existing health facilities has alerted the Vietnamese government on the growing need for greater investment in their healthcare sector. This webinar aims to focus on investment opportunities within Vietnam’s pharmaceutical, medical device, and hospital markets.
The demand for higher healthcare standards will see Vietnam’s pharmaceutical market alone grow by approximately 20 percent by 2017, as tariffs into Vietnam from TPP members will be reduced to zero. Outside the TPP, the maximum tariff rate of 14 percent for other foreign pharmaceuticals is due to decrease by five percent. Following this trend, the medical device market is set to increase by seven percent this year with a projected growth rate of 16 percent. In the hospital market, foreign investors should be aware that 100 percent foreign-owned hospitals are allowed under WTO commitments and that there are tax incentives provided to them. Thus, overall Vietnam presents an increasingly liberalizing market opportunity.
Date: Friday, July 22, 2016
Time: 3:00PM ICT, 10:00AM CET
Duration: 45 minutes
Registration: Click here to register now