RoK firms pin hope to expand in Vietnam’s medical equipment market
The Republic of Korea (RoK)’s Ministry of Food and Drug Safety (MFDS) on April 20 announced that the Vietnam’s Ministry of Health has abolished a circular featuring the procurement of medical equipment, applying different bidding groups for imported equipment.
RoK firms pin hope to expand in Vietnam’s medical equipment market (Photo: VNA)
Seoul (VNA) – The Republic of Korea (RoK)’sMinistry of Food and Drug Safety (MFDS) on April 20 announced🤡 that the Vietnam’sMinistry of Health has abolished a ಞcircular featuring the procurement ofmedical equipment, applying different bidding groups for imported equipment.
In Vietnam, medical equipment bidding packages aredivided into groups based on criteria including manufacturing country and national reference for medical devices to be tendered. MFDS has assessed that the abolishment is expected to create a more favorable condition forRoK firms to export medical equipment into Vietnam. An official from the ministry said that the ministry will do its upmost to support the export of medical devices by strengthening cooperation with Vietnam's Ministry of Health, animportant trading partner in Southeast Asia. Export turnover of the RoK’s medical equipment to Vietnam reached 499 million USD in 2021, ranking fourth afterGermany (1.498 billion USD), the US (810 million USD) and China (710 million USD). According to the Korean Investment and Trade Promotion Agency (KOTRA), in the period 2020-2025, theVietnamese medical equipment market is expected to grow at an average annual rateof 10.5% to reach 2.575 billion USD by2025./.
Prime Minister Pham Minh Chinh has signed an official dispatch institutionalising Government Resolution No. 30/NQ-CP dated March 4, 2023 on continuing to implement measures to ensure the supply of drugs and medical equipment.
The Korean Medical Devices Industry Association (KMDIA) and the Korea International Exhibition Centre (KINTEX) of the Republic of Korea (RoK) plan to hold the K-Med Expo Vietnam 2023, a medical equipment exhibition, in Ho Chi Minh City from June 15-17.
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The PM called for closer, broader, and more effective cooperation with Vietnamese partners, guided by the principles of mutual benefit, joint efforts, shared outcomes, and common development, including promoting stronger public-private partnerships and collaboration with businesses.
Renowned for its expertise in complex surgeries, the hospital has attracted foreign patients seeking treatment for conditions such as kidney and urinary tract stones, urological and gastrointestinal cancers, and male reproductive disorders. Most procedures are performed using advanced techniques, including laparoscopy and robotic surgery. T
Leading Vietnamese companies specialising in respiratory and dermatological treatments, traditional medicine, immune support supplements, and functional foods will have an opportunity to connect with international distributors and secure export deals.
The project aimed to enable early detection and reduce the risk of dangerous complications, targeting patients with chronic diabetes, cardiovascular conditions and metabolic disorders.
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The Red Journey has become the country’s largest and most effective blood donation campaign, leaving a strong impression on the national voluntary blood donation movement.
This case marks the ninth fetal cardiac intervention conducted in HCM City, and it was considered the most technically demanding to date due to the fetus’s extremely early gestational age and the severity of the condition as diagnosed with aortic atresia.
The groundbreaking ceremony took place one day after the VNVC Vaccine JS Company and Sanofi Group exchanged cooperation documents on vaccine production technology transfer under the witness of State President Luong Cuong and French President Emmanuel Macron.
Vietnam’s traditional medicine took centre stage at the International Congress Biopharm Nonclinical Development, BioNCiD 2025, held on May 25-26 in the Cuban city of Varadero, amid growing global interest in sustainable healthcare solutions.
Under the agreement, VNVC and Sanofi will gradually implement technology transfers to enable domestic production of several key Sanofi vaccines that are widely used in Vietnam. In addition, Sanofi will support VNVC in training human resources and quality management in vaccine research and manufacturing.
Despite the ongoing global circulation and unpredictable developments of SARS-CoV-2, the World Health Organisation (WHO) hasn’t issued new warnings about COVID-19, said the Ministry of Health.
RoK firms pin hope to expand in Vietnam’s medical equipment market (Photo: VNA) 
