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Prime Minister: Overpriced medicines and medical equipment cause major losses for patients and the State

At a National Assembly group session on the morning of 21/10, discussing several health-sector draft laws, Prime Minister Lê Minh Hưng said medicines and medical equipment have been overpriced due to too many intermediary steps, causing major losses for patients, the state budget and the Health Insurance Fund. Inspections and investigations found many loopholes in laws, circulars and implementation, including a case involving Công ty cổ phần Đầu tư y tế Việt Mỹ, where multiple foreign companies traded goods among themselves, inflating prices and evading taxes. The government proposes urgent amendments to cut intermediaries, increase transparency, and set different procurement mechanisms: centralized bidding for common goods and direct negotiation for specialized items. The Prime Minister stressed that businesses may earn reasonable profits, but the State must control this sensitive sector.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: Thủ tướng: Thuốc, thiết bị y tế bị đội giá cao gây thiệt hại lớn cho cả người bệnh và Nhà nước

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MarketVietnam stocks
ExchangeHOSE
SectorHealth Care
IndustryPharmaceuticals
Market cap5,490 bn VND
P/E15.2
P/B2.44
Close on 10/20/202635.65
Change that session+0.28%
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