Pharmaceuticals Made in Italy

CONTACT ICHAM FOR MORE INFORMATION!The Fourth Edition of Pharmaceuticals Made in Italy was successfully organized with the participation of 9 Italian pharmaceuticals businesses, attracted international buyers from 5 Asian countries and over 24 Vietnamese buyers.

If you are interested in finding Italian partners in pharmaceuticals sector, make sure to send us an email to info.hanoi@icham.org (Ms. Hop Pham) for more information.

Previous editions of Pharmaceuticals Made In Italy

In this fourth edition of Pharmaceuticals Made in Italy, ICHAM was delighted to support 9 Italian businesses in the sectors of Pharmaceuticals, Medical Devices and Food Supplements to meet and find potential partners in Vietnam – a country of 97 millions citizen with great demand for medical developments and resources.

This edition became even more important as we had the opening speech from H.E Manlio Di Stefano Undersecretary of State for Foreign Affairs and International Cooperation and Ambassador of Italy to Vietnam H.E Antonio Alessandro, Consul General of Italy in HCMC Enrico Padula. All three lead figures of Italy’s present in Vietnam expressed their trust in the market and that the participating businesses would benefit greatly from the meetings with buyers of Vietnam and 5 other countries.

The Italian Chamber of Commerce in Vietnam – ICHAM, in collaboration with MedExport Italia, was honored to receive the support from the Consulate General of Italy in Ho Chi Minh city. With their support, ICHAM have successfully organized the 2022 edition, receiving interest and participation of international buyers from 5 Asian countries (excluding Vietnam) and over 24 Vietnamese businesses.

Through this event, business representatives got the chance to meet and discuss directly the products’ properties and discuss face-to-face elements that would benefits both parties in the soon-to-be partnership. And ICHAM team had prepared tirelessly, working with businesses representatives of all parties in such a short period of time (merely over 1 month) and regardless, the outcome could not be more satisfying as we received excellent feedback from participants.

ICHAM took pride in providing support to businesses of both Vietnamese and Italian origin so if you are looking for partners of either market, feel free to connect with us.

Following the success of the past edition of “Lifestyle made in Italy” – B2B event dedicated to the furniture and interior design sector – ICHAM has decided to launch a new version of the same event, but focused on the Pharmaceutical and Para-pharmaceutical sector: Pharmacy Made in Italy.

The B2B meetings were held between 15-16 January at MGallery Hotel de l’Opera Hanoi. Despite the initial scepticism of Italian firms, who had never been involved in such an event in Vietnam before, five companies took part in the talks, alongside more than 20 buyers and potential partners from Vietnam, Korea, Singapore and Thailand, supported by their respective Italian Chambers of Commerce. Head of the economic and trade section of the Embassy Mr Antonino Tedesco also took part in the event: after a speech about the current situation of the pharmaceutical market in Vietnam, he encouraged the Italian companies to invest in this expanding market.

Although in this edition the five Italian companies presented different products, the Asian buyers proved coherent with their requests. Specifically, two companies dealt with generic pharmaceutical products, one with ophthalmic products, one with skin cosmetics and one with medical devices. The event involved two intense days of B2B meetings among companies and a networking dinner at Casa Italia, ICHAM’s Hanoi headquarter.

As mentioned above, Pharmacy made in Italy had the purpose of promoting the export of Italian pharmaceutical products to Asia, specifically to Vietnam. This is due to the excellent performance Italy has reached in this sector over the last year. In 2018 a historical record has been achieved by Italian pharmaceutical industry, reaching a production worth 31.2 billion EUR – exceeding the 30 billion EUR of Germany, who has always been the European leader in the sector. Despite the apparently slight gap, it has been a striking outcome, which will for sure push our export (especially to South East Asia), for the combination of investments and exports has made this sector the first one in Italy. From 1991 to 2017 the value of exports shifted from 1,3 billion EUR to 24,8; which means that if medicals were used to be ranked 57th among Italian economic sectors, they are now ranked 4th out of 119 (only transports and mechanics performed better).

These data, and the fact that the Vietnamese Government is currently working towards the development of a universal sanitary plan providing all the residents with basic medical care, has made Pharmacy Made in Italy an incredible opportunity. We foresee a prosperous future for the Italian pharmaceutical industry in Vietnam and hope the next editions of this event will involve a growing number of companies willing to catch this opportunity.

ICHAM is proud of the outcome and wishes that Pharmacy made in Italy could keep backing pharmaceutical importers and exporters.