Registration Consultancy

Regulatory Services in Vietnam

With incomes rising among its rapidly aging population of 96.7 million, Vietnam is a booming market for pharmaceuticals. Last one of the least-developed pharmaceutical markets in Asia, with relatively low per capita spending on drugs, Vietnam has tremendous potential.

According to the World Bank, Vietnam’s economy grew by 6.8% in 2017, compared to growth rates over the same period of 2.3% in the U.S. and 2% in the European Union. The government's continued push towards healthcare has helped the local industry to grow multi folds while still imports dominating the local market.

Regulatory Authority

Drug Administration of Vietnam

Market Size

Expected to touch USD 6.6b by end of 2020, growing at 15.4 CAGR, majorly dominated by generics.

Regulates

Drugs, OTC, Medical Devices, Cosmetics, Food

Local Industry

Hardly meets 25% of the total requirement

Why partner with Genedrift

"Time isn't the main thing, It is the only thing"

- From start to end, we offer it all, in addition to ensuring the safety and security of your registrations.
- With no commercial interest in products, we hand the registrations to you as soon as received and ensure un-hindered business from your registrations
- Communicate with us in English, Hindi or Vietnamese, whatever is comfortable with you. Our team is spread across various geographies, offering excellent communication

Resources

Want to read and understand more about the regulatory procedures, follow the above link.

Speed & Accuracy

We ensure that your application are correctly filled, and they move through the right departments and procedures in the DAV.

Safety of Data

Preventing any data leaks and unwanted access to your data, we carefully control access of each employee to customer data.

Pre-Review

All applications and dossiers are reviewed internally before being forwarded to DAV saving applicant time and money, both.

Start to End

Providing a customized solution, from the very start to the last stage, all activities can be outsourced, and you can focus on other activities at hand.

Local Entity

Genedrift is a local corporate entity permitting to apply and act as local applicant for your VISA. Working with full time staff, to cater to all regulatory needs.

Original Handling

Handle your registration certificates and keeps custody, preventing any business disputes holding your sales.