{"id":5682,"date":"2022-01-28T09:36:16","date_gmt":"2022-01-28T02:36:16","guid":{"rendered":"https:\/\/www.insuranceinasia.com\/?p=5682"},"modified":"2022-01-29T10:08:42","modified_gmt":"2022-01-29T03:08:42","slug":"what-are-the-medicine-pharmacy-risks-in-vietnam","status":"publish","type":"post","link":"https:\/\/www.insuranceinasia.com\/what-are-the-medicine-pharmacy-risks-in-vietnam\/","title":{"rendered":"What are the Pharmacy Risks Concerning Medicine in Vietnam?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"5682\" class=\"elementor elementor-5682\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3fdae49 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3fdae49\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-28f2883\" data-id=\"28f2883\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fc5a0fd elementor-widget elementor-widget-text-editor\" data-id=\"fc5a0fd\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 15-04-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<h2><span style=\"font-weight: 400;\"><b>HealthCare: what you should know about the pharmaceutical drug \u2018business\u2019 <\/b><\/span><\/h2><p><span style=\"font-weight: 400;\">Medicine and Pharmacies are difficult to control as virtually everything is permitted: advertising, selling, traditional medicines, non-prescription, home storage. Prices can vary from 1-to-10 for the same medicines.<\/span><\/p><p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.insuranceinasia.com\/wp-content\/uploads\/2022\/01\/IIA-Blog-05-Oct-1.png\" alt=\"\" width=\"512\" height=\"297\" \/><\/p><h2><b>Prescription and over-the-counter drugs are a volume and repeat business<\/b><\/h2><p><span style=\"font-weight: 400;\">Expats are mostly surprised by the volume of medical health advertising on prime time TV, even some foreign milk powder promise your child will have an\u00a0 IQ over 100 and grow tall as it contains 3xDHA.<\/span><\/p><p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.insuranceinasia.com\/wp-content\/uploads\/2022\/01\/IIA-Blog-05-Oct-2.png\" alt=\"\" width=\"512\" height=\"425\" \/><\/p><p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.insuranceinasia.com\/wp-content\/uploads\/2022\/01\/IIA-Blog-05-Oct-3.png\" alt=\"\" width=\"512\" height=\"161\" \/><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Advertising on TV promises to cure anything: \u201cif you don\u2019t see results for 1-to-3 month, you can return the medicine to us\u201d the ad says.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Doctors can prescribe and sell when consultations are around VND150,000, the selling of medicines averages x2.3 the <a href=\"https:\/\/www.insuranceinasia.com\/should-i-over-insure-my-family-for-covid-do-i-need-a-covid-cost-strategy\/\" target=\"_blank\" rel=\"noopener\">consultation cost<\/a>.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Traditional medicine concocting packs of plants to cure you is still common.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Regularly fake imports, copies or home made medicines are uncovered after more or less victims complains.<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">\u00a0The below modern pharmacy brands account for only 1% of the distribution market: Way to go for investors, whilst trying to be profitable.<\/span><\/p><p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-5781 aligncenter\" src=\"https:\/\/www.insuranceinasia.com\/wp-content\/uploads\/2022\/01\/IIABlog-18-Jan-2022.png\" alt=\"\" width=\"600\" height=\"34\" srcset=\"https:\/\/www.insuranceinasia.com\/wp-content\/uploads\/2022\/01\/IIABlog-18-Jan-2022.png 512w, https:\/\/www.insuranceinasia.com\/wp-content\/uploads\/2022\/01\/IIABlog-18-Jan-2022-300x17.png 300w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/p><h2><b>Patient healthcare cultural habits in Vietnam: blind trust of the educated<\/b><\/h2><p><span style=\"font-weight: 400;\">A 2020 study shows 73% medicines are taken straight from the <a href=\"https:\/\/www.insuranceinasia.com\/what-are-the-best-hospitals-in-vietnam\/\" target=\"_blank\" rel=\"noopener\">hospital<\/a> or doctor\u2019s practice. On the 27% remaining, 26% is purchased out of street pharmacy and less than 1% of modern pharmacies using international standards purchasing, traceability and storage.<\/span><\/p><ul><li>Doctors&#8217; words are final: they represent knowledge. Whatever medicine is prescribed and how often the \u2018refill\u2019 patients obey willingly. To the point medicines are prescribed and supplied in colored pills in separate transparent plastic bags, without any box and user guide.<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-bff16d3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"bff16d3\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-73bc9a0\" data-id=\"73bc9a0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fc84edf elementor-widget elementor-widget-image\" data-id=\"fc84edf\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 15-04-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.insuranceinasia.com\/wp-content\/uploads\/elementor\/thumbs\/IIABlog-18-Jan-2022-2-qbdcpe3rnwn2u2zixd4fizmmgui74xf1o75dmffe9o.jpg\" title=\"IIABlog-18-Jan-2022-2\" alt=\"IIABlog-18-Jan-2022-2\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-a86116c\" data-id=\"a86116c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-704a4ff elementor-widget elementor-widget-text-editor\" data-id=\"704a4ff\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li><span style=\"font-weight: 400;\">Then comes Pharmacist attitude and sales skills that can \u2018prescribe\u2019 virtually anything over-the -counter based on the symptoms Vietnamese \u2018client\/patient\u2019 will describe to them. Note that the Pharmacist with the degree\/knowledge that authorizes the pharmacy to open shop is usually absent from the sales counter.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Traditional medicines \u2018official\u2019 and hear-say.<\/span><\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-94701c9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"94701c9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-67a16bf\" data-id=\"67a16bf\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ef790e0 elementor-widget elementor-widget-text-editor\" data-id=\"ef790e0\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h2><b>Pharmacy low level of compliance to best medical practice worldwide<\/b><\/h2><p><span style=\"font-weight: 400;\">To open a pharmacy all you need is to have or \u2018borrow\u2019 a pharmacist degree. With medicines sales of US$4.6Bn with 27% by street pharmacy, we have US$1.2Bn market.\u00a0<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Over the counter or prescribed is not clearly defined.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Imported brands, generics and fakes are very difficult to track by enforcement officials from the Ministry of Trade or the customs with hand carried carton boxes.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Traditional medicines and enhancers bears the same value in the mind of the consumers.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Some kind of regulations exist but not enforced.<\/span><\/li><\/ul><h2><b>The price for medicine in Vietnam can vary from 1 to 10<\/b><\/h2><p><span style=\"font-weight: 400;\">One common mistake <a href=\"https:\/\/www.insuranceinasia.com\/businesses-employers\/expat-group-health-insurance\/\" target=\"_blank\" rel=\"noopener\">expats<\/a> make is to think medicine as a vital commodity. In a poor country like Vietnam however the variation is huge depending on the following factors:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">the medicine is imported via the official channel that includes registration<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">going through the big pharma expatriate run office, the\u00a0 local distributor<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">follow the logistics rules: transportation, cold storage and expiry dates<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">paying the intermediaries to sell your brand<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">the competition of generics that look alike<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">some pure fakes illegal and dangerous are on the market<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">the competition of demos or free hand carried over run stock<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">etc\u2026<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">All reasons above supposedly explains the much higher costs by international clinics -who must play by the rules- and still be profitable.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b65c31a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b65c31a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-405a0c3\" data-id=\"405a0c3\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0734c2d elementor-widget elementor-widget-text-editor\" data-id=\"0734c2d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h2><b>So what to do?<\/b><\/h2><p><span style=\"font-weight: 400;\">Based on our experience with medical consultations and bills, with the maze of various offers for medicine, here are a few tips to help you navigate clinic and pharmacy practices:<\/span><\/p><ul><li><span style=\"font-weight: 400;\">For most medicine over the counter, you can purchase blind folded even if prices seem very low as the competition and the big pharma are having special prices for countries like Vietnam.<\/span><\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-fa54fc1\" data-id=\"fa54fc1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-39b5577 elementor-widget elementor-widget-image\" data-id=\"39b5577\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"512\" height=\"341\" src=\"https:\/\/www.insuranceinasia.com\/wp-content\/uploads\/2022\/01\/IIABlog-18-Jan-2022-3.png\" class=\"attachment-large size-large wp-image-5785\" alt=\"\" srcset=\"https:\/\/www.insuranceinasia.com\/wp-content\/uploads\/2022\/01\/IIABlog-18-Jan-2022-3.png 512w, https:\/\/www.insuranceinasia.com\/wp-content\/uploads\/2022\/01\/IIABlog-18-Jan-2022-3-300x200.png 300w\" sizes=\"(max-width: 512px) 100vw, 512px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-110d928 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"110d928\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ff8b61d\" data-id=\"ff8b61d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-12f5a9e elementor-widget elementor-widget-text-editor\" data-id=\"12f5a9e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If your treating doctor -usually <a href=\"https:\/\/www.insuranceinasia.com\/businesses-employers\/vietnamese-employee\/\" target=\"_blank\" rel=\"noopener\">Vietnamese<\/a>&#8211; prescribes medicine without giving you the actual name, box, expected treatment duration and appoints you to come back for a refill. Beware!<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">International clinics charge the highest prices, they offer you a certain guarantee. If you are insured or money is not an issue: go for it. For refills order in advance with them.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">For specialty medicine, get enough months of supplies in advance or friends\/family from western countries to hand carry as they come based on your prescription they will need to buy at their trusted\/regulated pharmacy.\u00a0<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">Not planning in advance exposes you to have no choice but to buy generic or fall short of supplies. In Vietnam, as you may know after a while you can purchase anything, it is \u2018just\u2019 a matter of time, money or relationship. Especially when it comes to healthcare and medicine.<\/span><\/p><p><span style=\"font-weight: 400;\">To receive the list of international standards clinics email us to medical@insuranceinAsia.com.<\/span><\/p><p><span style=\"font-weight: 400;\">You can also read more on<\/span><span style=\"font-weight: 400;\"><a href=\"https:\/\/www.insuranceinasia.com\/what-are-the-best-hospitals-in-vietnam\/\" target=\"_blank\" rel=\"noopener\"> Healthcare in Vietnam<\/a>.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>HealthCare: what you should know about the pharmaceutical drug \u2018business\u2019 Medicine and Pharmacies are difficult to control as virtually everything is permitted: advertising, selling, traditional medicines, non-prescription, home storage. Prices can vary from 1-to-10 for the same medicines. Prescription and over-the-counter drugs are a volume and repeat business Expats are mostly surprised by the volume [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":5721,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[29],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.10 (Yoast SEO v22.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What are the Pharmacy Risks Concerning Medicine in Vietnam? - Insurance in Asia<\/title>\n<meta name=\"description\" content=\"Over-the-counter and prescription drugs in Vietnam are a volume and repeat business. 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