Vietnamese drugmaker eyes expansion

[HO CHI MINH CITY] DHG Pharmaceutical, Vietnam's largest drugmaker by market value, plans to boost sales of health supplements, ramp up exports and expand into Myanmar as the industry faces tighter domestic controls on antibiotics.

DHG wants to raise health supplement sales to 15 per cent of revenue within the next five years from 8 per cent now, chief executive officer Pham Thi Viet Nga said.

The company expects exports to climb 25 per cent annually for the next five years.

DHG's moves come as the Vietnamese government clamps down on the sale of prescription drugs sold over the counter, passing a decree with more controls that…