The Ho Chi Minh City People’s Committee has officially approved a market stabilization plan for essential medicines for the 2026-2027 period. The program aims to ensure a steady supply of high-quality drugs at reasonable prices, meeting the treatment needs for common and chronic diseases while prioritizing domestically manufactured products.
Medicine categories and participation standards The program covers 20 groups of essential medicines with approximately 350 items, focusing on high-demand treatments for conditions such as cardiovascular disease, diabetes, digestive and respiratory issues, musculoskeletal disorders, as well as analgesics, anti-inflammatories, and traditional medicines.
Participants must adhere to strict regulatory standards:
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For manufacturers: Facilities must meet Good Manufacturing Practice (GMP) standards, possess strong financial capacity, and maintain an extensive distribution network.
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For retailers: Pharmacies must publicly list prices, display stabilized products in easily identifiable areas, and commit to selling at the registered rates.
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Product origin: Emphasis is placed on locally produced drugs that ensure supply stability, even during market fluctuations.
Price management and enterprise support A key feature of the program is the pricing regulation:
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Preferential pricing: Stabilized medicine prices must be at least 5% lower than similar products on the open market.
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Flexible adjustments: If input costs fluctuate by more than 3%, businesses can apply for price adjustments, which will be processed within 3 to 5 working days through coordination between the Department of Finance and the Department of Health.
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Incentives: Participating units receive support in communication, branding materials, professional training, and potential commendations for their contributions.
Inter-agency coordination The program involves a multi-sectoral effort. The Department of Health serves as the lead agency for reviewing categories and monitoring supply; the Department of Industry and Trade focuses on market control and preventing hoarding; and the Department of Finance oversees price determination and regulation.
This initiative is scheduled to run from April 1, 2026, to March 31, 2027, playing a vital role in social security and public health maintenance in the city.
Source: https://nongnghiepmoitruong.vn/tphcm-binh-on-gan-350-mat-hang-thuoc-thiet-yeu-d801640.html