Sourcing and Manufacturing Medical Devices and Drugs in Vietnam
Our experienced specialists can help you find the most qualified Vietnamese suppliers for your medical products.
Contact us today to speak to our sourcing experts.
Vietnam is often referred to as the “next China,” with many similarities to China’s economy ten years ago. Costs tend to be significantly lower in Vietnam compared to China; as a result, some international medical firms are moving medical product sourcing and production from China to Vietnam. The success of medical product sourcing and manufacturing in Vietnam will be a function of how quickly international quality standards can be met. Nowadays, there are many Western medical companies sourcing and manufacturing their products in Vietnam. The reason for this is twofold; the first reason is to reduce the cost of components and finished medical device products, and the second is to make or source medical products for sale in the emerging domestic Vietnamese market.
When setting up your manufacturing business in Vietnam, it is important to take into consideration a few things that may make operations a little rocky:
- Vietnam’s quality systems are often not up to standards.
Although costs are lower in Vietnam, the production quality should not be compromised. In general, Vietnam’s quality standards are not as developed as China’s. However, that’s where we come in. Our team on the ground in Vietnam can help assure that your company is working with a manufacturer who will provide you with exceptional service. - Finding the right manufacturer for your particular medical product can be complicated.
We understand that whenever you decide to go overseas, a lot of time and effort is spent on selecting the right manufacturers. Even so, how do you know if this is the right one for your business? Making sure that your source is efficient, legitimate, and responsible are crucial ingredients for success.
Contact us today to speak to our sourcing experts.
Related Resources
Visit our Resource Center to view free webcasts and charts or read publications, news, and research reports on the Asia medical markets.
Related News Briefs
Visit our Resource Center to view free webcasts and charts or read publications, news, and research reports on the Asia medical markets.