Updated  
August, 06 2012 10:22:44

Abbott acquires 3A Nutrition

HCM CITY — The global healthcare company Abbott has acquired 3A Nutrition, its longstanding distribution partner of nutrition products in Viet Nam.

The acquisition, which was approved by government authorities, will expand Abbott's presence in the country.

The two companies have leading positions in both pediatric and adult nutrition-product categories.

Under the agreement, Abbott will have a sales force of 2,100 in 64 provinces. 3A Nutrition will retain its name and will continue to work with the same management team.

According to the Viet Nam Competition Administration Department, the nutrition market in Viet Nam is expected to have strong growth, driven by rising personal incomes and an increased awareness of the importance of nutrition. — VNS

Send Us Your Comments:
Name:
Your E-mail address:
Title:
 

VietNamNews may edit your comments and not all emails will be published.

Highlight

PM's India visit to bolster strategic ties 4    PM's India visit to bolster strategic ties

Prime Minister Nguyen Tan Dung begins an official visit to India today, aiming to consolidate the strategic partnership between both countries and take it to new heights.

Law to ease real estate restrictions 1    Law to ease real estate restrictions

Most National Assembly members yesterday agreed that the amended Housing Law should allow more foreigners to be eligible to buy or own houses in Viet Nam.

National team in training ahead of AFC challenge 1    National team in training ahead of AFC challenge

The Japanese coach of Viet Nam's national football team, Toshyia Miura, says that fitness and tactics will be his priorities in a 10-day training camp in the southern province of Binh Duong.

Bear bile tourism shuts down in Ha Long Bear bile tourism shuts down in Ha Long

Bear bile tourism in the northern province of Quang Ninh's Ha Long City has finally been shut down, according to the non-governmental organisation Education for Nature – Viet Nam (ENV).

Artist restores traditional values through paper Artist restores traditional values through paper

Artist Phan Hai Bang, who created a very special type of paper called truc chi, is now working with his team to bring back what he calls "old values" in a really big way.