RoK firms show interest in Việt Nam’s medical equipment market

February 11, 2023 - 11:14

This year's edition will be the first to be held in Việt Nam and feature 250 booths by 150 domestic and foreign firms, COEX said.

Illustrative image. Photo VNA

SEOUL — COEX, a leading exhibition organiser and venue of the Republic of Korea (RoK), and the Vietnam Advertisement and Fair Exhibition JSC (VIETFAIR) will co-organise the Mekong Medical & Healthcare Expo 2023 in the southern province of Bình Dương in June.

This year's edition will be the first to be held in Việt Nam and feature 250 booths by 150 domestic and foreign firms, COEX said.

It is expected to help Korean businesses penetrate the health sector of Việt Nam and other countries in the region.

COEX CEO Lee Dong-gi stressed that the Vietnamese health sector has posted an annual growth rate of 13.1 per cent over the past five years, with more than 90 per cent of medical equipment and supplies imported.

The country’s total health expenditure accounts for about 6.5 per cent of its GDP, the highest in the Association of Southeast Asian Nations (ASEAN), he said, calling Việt Nam a promising market for Korean medical equipment firms.

The organisers will prepare diverse solutions to help Korean companies expand its global network and explore new markets in ASEAN through the exhibition, he said. — VNS

Việt Nam needs development of green products exported to UK

Economy

UK’s carbon tax to affect VN exports

Economy

Việt Nam expects to officially export passion fruit to the US next year

Economy

VN faced with increasing trade defence investigations on rising protectionism

Economy

Experts point out economic growth drivers, challenges for next year

Economy

Thái Nguyên supports businesses to take advantage of UKVFTA to expand exports to UK

More on this story

Economy

Vietnamese aviation sector to fully recover by end of year

The Vietnamese aviation sector is expected to fully recover from the impact of the COVID-19 pandemic by the end of 2023 with an estimated 80 million passengers and 1.44 million tonnes of cargo to be transported by air this year, according to the Civil Aviation Authority of Việt Nam (CAAV).

Economy

Higher steel prices cause contractors to face losses

After a long period of remaining unchanged, the selling prices of construction steel products on the domestic market have increased four times since the beginning of 2023, especially on two consecutive days on January 30 and 31.

Economy

Ministry urges higher tax rate for swing trading of real estate

The proposal was raised in a draft report on the programme of developing laws and ordinances in 2024, which will be submitted to the Government for consideration.

Economy

China’s reopening good news but there are challenges

China’s reopening of borders after nearly three years of lockdowns to combat the COVID-19 pandemic is good news for Việt Nam to increase the export of agricultural products.

Economy

Banks suffered big losses from securities trading in 2022

Fiin Ratings attributed the banks’ negative results in securities trading and investment to the interest rate hike, the exchange rate uncertainty, the sharp decline of stock indices and the ‘freezing’ of the corporate bond market.

Economy

Demand for dryers and dehumidifiers surges in Hà Nội as spring begins

As the rainy and humid weather is expected to continue through the end of the month, it is predicted that demand for dryers and dehumidifiers will remain strong.

Economy

Derivatives transactions fall sharply in Jan

The dip in derivatives trading in January 2023 may be due to an increase of the margin ratio and low sentiment around the Lunar New Year holidays.

Economy

VIB affirms its position as a trend leader with a new card line

In the past five years, the card market in Việt Nam has grown tremendously in quantity and quality. VIB is a prominent name because it is always leading in new trends, with new lines of credit cards which are bringing outstanding benefits to each group of customers, offering them a seamless, convenient, and safe spending experience thanks to modern card technologies in the world.