Vietnam courts EU investment in medical and drug supply chains

Vingroup's ventilator parts deal with Medtronic seeks third pillar of manufacturing

20200813 vingroup ventilator RTX7NADO

An employee displays a ventilator at a VinSmart factory near Hanoi. Medtronic will buy components made by VinSmart for ventilators to be sold in the U.S. and Ireland. © Reuters

TOMOYA ONISHI, Nikkei staff writer

HANOI -- Vietnam seeks to build on its new free trade agreement with the European Union to expand foreign investment in medical equipment and pharmaceuticals, with the government position the country as an alternative production base to China.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.