Demand on pharmaceutical products is always high, not only from hospitals or medical stations but also from the citizens themselves. Foreign pharmaceutical products are more expensive but are trusted as high quality and their modern manufacturing process. Foreign investors can establish foreign-own company to export and import pharmaceutical products to Vietnam. In order to give you Clients a hand, Viet An Law Firm collects and provides some regulations and related procedures as follows:
Table of contents
An application for the Investment Registration Certificate includes:
Submit the application at: The Department of Planning and Investment.
The process: Within 15 days from the receipt date of the valid application, the Department of Planning and Investment will grant the Investment Registration Certificate to foreign investors. If the Department of Planning and Investment refuse to grant, they will respond in notices and explain the reasons.
An application for the Business Registration Certificate includes:
Submission place: The Department of Planning and Investment.
Duration: 03 – 06 working days.
Announce the business registration contents:
Engrave the seal and publish the seal sample:
An application for Eligibility for pharmacy business Certificate includes:
Place of submission: the Ministry of Health
If the application is full and valid:
If facilities and labor have been testified, evaluated fitting the business scope, no actual assessment is required, the Ministry of Health shall issue the Eligibility for pharmacy business Certificate within 30 days from the date on the receipt note.
In case the assessment is required, it must be conducted within 20 days from the date on the receipt note. If there is no requirement on changes, the Ministry of Health shall issue the Eligibility for pharmacy business Certificate within 10 working days from the date of assessment completion. If there is any requirement on changes, the Ministry of Health shall issue announcement within 05 working days from the assessment completion. Within 20 days from the date of announcement issuance and documents proving completion of changes, the Ministry of Health shall issue the Eligibility for pharmacy business Certificate or provide explanation if refuse to issue one.
If the application has to be adjusted and supplemented:
Within 10 working days from the date on the receipt note, the Ministry of Health shall send a suggestion specifying contents, documents need to be adjusted or supplemented. If the adjusted and supplemented application does not meet the requirement, the Ministry of Health shall issue an announcement.
Notice: Within 06 months from the date of announcement of the Ministry of Health, the applicant shall submit the new application as required. After the above time, if the applicant does not submit the new application or after 12 months from the first application, the supplemented application does not meet the requirements, the submitted application shall become invalid.
Foreign investment consulting services at Viet An Law Firm:
If you are looking for advice about regulations and procedures related to foreign investment in Vietnam, please feel free to contact Viet An Law Firm for more information!
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Vietnamese speaking: (+84) 9 33 11 33 66 (Ms.Thu Ha) (Zalo, Viber, Whatsapp)