Vietnam
pushes for medicine self-sufficiency post Covid-19: Fitch Solutions
02:45
The Vietnamese government intends to meet 80% of its
domestic pharmaceutical demand through local drug manufacturers.
Vietnam's
goal of having the majority of its pharmaceutical demand be met by local
firms will shape the country's medicine market, according to Fitch Solutions,
a subsidiary of Fitch Group.
Even prior
to the Covid-19 pandemic, the Vietnamese government's support for the local
pharmaceutical industry has remain steadfast, stated Fitch Solutions.
This is in
part driven by the authorities' push to meet domestic healthcare needs. As
part of its strategy, the Vietnamese government intends to meet 80% of its
domestic pharmaceutical demand through local drug manufacturers.
This
proposal is having a major impact on the vaccine market, with the country now
able to produce 11 of the 12 vaccines included in the national expanded
immunization program.
While Fitch
Solutions expected the government’s efforts will go some way towards
improving Vietnam’s manufacturing base, the vast majority of local production
will remain focused on cheap generic drugs given their limited technological
capabilities.
Taking this
into account, Fitch Solutions said it will be a long time before the country
can be classed as self-sufficient with regards to its pharmaceutical supply.
With 160 factories meeting WHO - Good Manufacturing Practice standards, the
domestic drug output is able to meet 45% of the demand, while the rest must
be imported.
According to
a report produced by the Vietnam Social Security, by the end of May 2019,
there were 84 million people participating in the public health insurance
system nationwide, covering 89% of the population.
A target set
by a resolution of the 6th Plenum of Communist Party of Vietnam states that
by 2025 about 95% of the Vietnamese population will be covered by the
national health insurance scheme.
Hospital
quality has improved continuously, and demands for hospital bribes have
dropped to a 10-year low.
Taken
together with the government’s policy to provide mass quarantine largely free
of charge, these data suggest that Vietnamese citizens did not have to worry
about costs from Covid-19 tests (formal or informal), associated
hospitalization, and centralized quarantine, thereby increasing their
willingness to comply with extensive contact tracing and strict quarantine
measures.
Although
coverage now approaches the full population, public healthcare remains
chronically underfunded, with per capita spending on public healthcare
sitting at just US$82 in 2019. While the government is focused on improving
the delivery of public healthcare services, Fitch Solutions believed that
limited public financing, uneven distribution of health services, inadequate
infrastructure and a similar shortage of qualified workers will continue to
obstruct innovative drug makers wishing to operate in the market.
Vietnam's effective response
against Covid-19
With a
population of over 97 million, Vietnam has prior experience in responding to
outbreaks of other infectious diseases including SARS, MERS, measles and
dengue. In the case of the Covid-19, Vietnam relied on cost-effective
solutions to combat the virus, including strategic testing, contact tracing
through apps and effective public communication campaigns.
In addition,
it implemented a national lockdown between April 1 and 22. Vietnam’s
effective response was enabled by the country’s ongoing efforts to improve
governance and central-local government policy coordination, said Fitch
Solutions.
At least 110
laboratories across the country can perform real-time polymerase chain
reaction testing for Covid-19 diagnosis, with a capacity of 27,000 samples
per day. As of April 30, 2020, Vietnam had conducted 261,004 tests, with 967
tests per positive case or 2691 tests per million population. Not only did
the country buy 200,000 tests from South Korea, but it also quickly developed
its own successful test kits.
The
Vietnamese Covid-19 test kit was developed by scientists within a month. It
is effective, affordable and fast, diagnosing suspected infections in just an
hour. Using WHO-approved techniques, these test kits make it possible to
isolate infected people and track down their contacts.
It is also
worth mentioning that, unlike other countries that rely on mass testing, in
Vietnam, tests are only done on those likely to be infected. Hanoitimes
VNN/Ngoc Thuy
|
Thứ Năm, 4 tháng 6, 2020
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