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Minh Chau Pharmaceutical And Medical Devices is a joint stock sales and distribution company serving the Vietnamese pharmaceutical, diagnostic, biotechnology and medical device market.   

Vietnam, one of the fastest growing economies in the world with greater urbanization than the rest of South East Asia, is increasing its healthcare spending year over year. Total healthcare spending in Vietnam is forecasted to rise to US$6 billion in 2014, from an estimated US$3.5 billion in 2009. The industry is still underdeveloped, with demand severely exceeding supply. The Vietnamese government is committed to improve healthcare delivery efficiency and coverage through a variety of initiatives.

 

Recognizing this opportunity, Minh Chau Pharmaceutical and Medical Device JSC (Michamed) was established in August 2011.  Michamed is located at District 1, Ho Chi Minh City, the economic center of Vietnam.

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