In recent years, Vietnam has emerged as a bright spot on the regional and global healthcare investment map. With a stable growing economy, a population of over 100 million people and an increasing demand for healthcare, Vietnam is attracting more and more attention from the world's leading healthcare, technology and pharmaceutical corporations.

1. Vietnam Healthcare Market - A Potential Investment Opportunity

According to the World Health Organization (WHO), total healthcare expenditure in Vietnam accounts for about 5.7% of GDP, equivalent to 15.4 billion USD in 2020. This figure is predicted to increase to 19.3 billion USD in 2024 and 26.9 billion USD in 2029.

Besides, the medical device market is also growing rapidly, with a value of 1.522 billion USD in 2021, which is expected to double to 2.862 billion USD in 2028. This is a clear sign that Vietnam is becoming a "promising land" for businesses in the healthcare sector, from pharmaceutical production, medical equipment supply, to the development of private hospitals and remote healthcare services.

2. Strong Interest From International Investors

Many of the world's leading healthcare corporations have been expanding their presence in Vietnam. AstraZeneca has announced an investment of up to 310 million USD in this market, focusing on research, development and pharmaceutical production.

In addition, mergers and acquisitions in the healthcare sector are taking place sôi động. In January 2023, Raffles Medical Group acquired American International Hospital (AIH) in Ho Chi Minh City to expand its high-end healthcare system. Previously, Thomson Medical invested 382 million USD to own the largest private hospital in Vietnam. This shows the strong attraction of the Vietnamese healthcare market to foreign investors.

3. Attractive Investment Attraction Policies

The Vietnamese government has introduced a series of preferential policies to encourage domestic and foreign enterprises to invest in the healthcare sector. Some important policies include:

• Tax incentives for projects producing medical equipment, pharmaceuticals and developing healthcare infrastructure.
• Support for preferential loans for businesses investing in hospitals, clinics, GMP-standard drug manufacturing plants.
• Promoting public-private partnerships (PPP) to upgrade the healthcare system, expand health insurance and implement community healthcare programs.

These policies help create a favorable business environment, encouraging the participation of private enterprises and foreign investors in the Vietnamese healthcare market.

4. Business Opportunities in the Vietnamese Healthcare System

With more than 1,300 hospitals, thousands of private medical examination and treatment facilities and a growing system of specialized clinics, the demand for medical equipment, pharmaceuticals and digital medical technology is growing strongly.

Particularly potential areas include:

• Smart medical devices: Applying AI in remote diagnosis and treatment.
• Digital Health & Remote Healthcare: Opportunities to develop online medical examination and treatment platforms.
• Pharmaceuticals & Biotechnology: The demand for specialty drugs, vaccines and biotechnology is increasing.
• Private Hospitals & Clinics: Developing international hospitals in Vietnam is a trend.

With a double-digit growth rate each year, this is the golden time for businesses to seize opportunities and expand market share in Vietnam.

5. PHARMEDI VIETNAM 2025 International Healthcare Exhibition - Investment Connection Opportunity

One of the most important events to help healthcare businesses connect with the Vietnamese market is the PHARMEDI VIETNAM 2025 - The International Healthcare Exhibition. The year 2025 marks 20 years of accompanying the healthcare industry, becoming the leading large-scale event in Southeast Asia, gathering more than 1,000 businesses from 25 countries and attracting more than 20,000 specialized visitors.

Don't miss the opportunity to exhibit and connect at PHARMEDI VIETNAM 2025!

Register to receive information immediately at: https://pharmed.vn/exhibitor/application-form