RoK firms show interest in Vietnam’s medical equipment market
Illustrative image (Source: VNA)
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 Binh Duong in June.
This year's edition will be the first to be held in Vietnam and feature 250 booths by 150 domestic and foreign firms, COEX said.
It is expected to help Korean businesses penetrate the health sector of Vietnam 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% over the past five years, with more than 90% of medical equipment and supplies imported.
The country’s total health expenditure accounts for about 6.5% of its GDP, the highest in the Association of Southeast Asian Nations (ASEAN), he said, calling Vietnam a promising market for Korean medical equipment firms.
The organisers will prepare perse solutions to help Korean companies expand its global network and explore new markets in ASEAN through the exhibition, he said./.
Related News

EU firms’ confidence in Vietnam increases again: EuroCham
15:36 | 09/10/2023 Import-Export

More investments from RoK coming to Vietnam
14:30 | 28/09/2023 Import-Export

Vietnam listed as future key destination for RoK firms
14:38 | 08/09/2023 Import-Export

RoK shipbuilding companies look to Vietnam for workers
14:30 | 24/07/2023 Import-Export
Latest News

Embracing green exports: a pathway to enter global supply chains
10:33 | 20/02/2025 Import-Export

New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises
10:32 | 20/02/2025 Import-Export

Việt Nam’s durian exports to China plummet by 80%
16:18 | 19/02/2025 Import-Export

Coconut exports reach 14-year high
15:29 | 18/02/2025 Import-Export
More News

Shrimp exports grow in the first month of 2025
15:28 | 18/02/2025 Import-Export

Rice export prices drop, but decline expected to be short-term
08:10 | 17/02/2025 Import-Export

Key agro products expected to maintain export growth this year
08:08 | 17/02/2025 Import-Export

EU issues 12 warnings against Việt Nam’s food and agricultural exports
08:07 | 17/02/2025 Import-Export

Việt Nam to impose VAT on low-value express-imported goods
08:06 | 17/02/2025 Import-Export

Exchange rate risks need attention in near future
16:31 | 15/02/2025 Import-Export

Vietnam kicked off the year with a strong start in trade, exceeding US$63 billion in the first month
16:30 | 15/02/2025 Import-Export

Import and export turnover reaches about US$29 billion in the second half of January 2025
14:52 | 14/02/2025 Import-Export

Market edges up slightly as liquidity remains low
14:48 | 14/02/2025 Import-Export
Your care

Embracing green exports: a pathway to enter global supply chains
10:33 | 20/02/2025 Import-Export

New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises
10:32 | 20/02/2025 Import-Export

Việt Nam’s durian exports to China plummet by 80%
16:18 | 19/02/2025 Import-Export

Coconut exports reach 14-year high
15:29 | 18/02/2025 Import-Export

Shrimp exports grow in the first month of 2025
15:28 | 18/02/2025 Import-Export