Measures for management of medical device prices in Vietnam
I would like to ask: What measures are there to manage of medical device prices in Vietnam? Please advice in accordance with the new regulations.
According to Article 44 of Decree 98/2021/ND-CP (Effective January 1, 2022), the measures for management of medical device prices in Vietnam are as follows:
1. Prices of medical devices must be declared in accordance with regulations of this Decree before they are placed on the market in Vietnam, and declared again whenever they are changed.
2. Wholesale and retail prices in VND of medical devices shall be posted at transaction or selling locations of medical device trading establishments; such prices shall be publicly posted on a board, paper or otherwise posted.
3. Successful bids for medical devices of public health facilities must be made publicly available.
4. Trading establishments shall not be allowed to trade medical devices before their prices are declared or at prices higher than those available on the Ministry of Health’s Portal on management of medical devices at the time of trading.
Best Regards!
