On the global map of herbs, Vietnam is assessed to possess a diverse source and its proportion of rare and precious natural medicinal herbs remain quite high, said Tran Minh Ngoc, deputy head of the Ministry of Health’s traditional medicine management department.
Hanoi (VNA) – Some Vietnamese firms have shipped abroad many types of medicinal herbs, but individually and with a negligible proportion in the worldwide market share of the product. Such a fact requires measures and effort for the country to push the exports capitalising on its potential of housing about 5,117 herb varieties.
According to Tran Minh Ngoc, deputy head of the Ministry of Health’s traditional medicine management department, using herbal medicines instead of chemical drugs is now a trend worldwide.
On the global map of herbs, Vietnam is assessed to possess a diverse source and its proportion of rare and precious natural medicinal herbs remain quite high, Ngoc said.
A medicinal herb growing garden according to GACP-WHO standards in Chu Pong commune, Chu Se district, Central Highlands province of Gia Lai (Photo: Nhandan.vn)
One of the reasons why Vietnamese herbs have a marginal share in the total revenue of the global pharmaceutical market is that the majority of their exports are in the form of raw materials.
To penetrate deeper into the global market, Ngoc advised Vietnamese enterprises to invest heavily in science-technology applications and varieties and to form large-scale plantations that comply with the standards and regulations of importing countries.
🎃 In addition, the Ministry of Health has so far submitted to the Prime Minister for approval a programme on developing the local pharmaceutical industry and domestic production of medicinal herbs by 2030, with a vision to 2045. The scheme covers many specific policies to support participating enterprises, such as preferential investment in scientific research, the production of high quality herbal medicines, and the development of national-branded herbal medicines./.
There remains large room for Vietnam to promote the export of medicinal herbs to Japan, especially when many Japanese pharmaceutical companies are planning to import these products from the Southeast Asian country, according to the Vietnam Trade Office in Japan.
Vietnamese businesses which want to export medicinal herbs to China must submit information about growing areas and packaging establishments to the provincial Departments of Agriculture and Rural Development.
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The VNA delegation, led by General Director Vu Viet Trang, actively participated in the event, engaging in both professional and diplomatic activities.
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The strategic product, managed and operated by the Vietnam News Agency Digital Media Centre (VNA Media), is an official channel for popularising the Party and State’s information and documents as well as delivering mainstream and trustworthy news to both domestic and international audiences through various kinds of multimedia formats.
Since President Ho Chi Minh founded Thanh Nien (Young People) newspaper in 1925, the Vietnamese revolutionary press has become the voice of the people. During the resistance war against the colonialists, journalists took great personal risks to inspire patriotism and the will of rising up against foreign invaders.
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Throughout its resistance against colonialists and imperialists, Vietnam developed a revolutionary press that has served as a benchmark for just and legitimate causes worldwide.
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Illustrative image (Photo: Vneconomy.vn)
A medicinal herb growing garden according to GACP-WHO standards in Chu Pong commune, Chu Se district, Central Highlands province of Gia Lai (Photo: Nhandan.vn)
