Pharmacy is always “hot”; This is an opinion for the present and the future. Some statistical data about the Health Care industry in general and the Pharmaceutical industry in particular in Vietnam are as follows:
- Vietnam is a country with a rapidly aging population; The period of Vietnam’s “golden population” is no longer long; It is estimated that in 2020 there will be about 7.4 million people over 65 years old (7.9% of the population); This number is even expected to increase to 9.5% by 2025. This shows the potential of the healthcare industry in general, as well as the pharmaceutical industry in particular.
- Per capita income is increasing; especially the rise of the middle class, contributing to increased spending; Includes health spending.
- Along with that, health insurance expanded with coverage reaching 88.5% in 2018, with the goal of officially reaching 100% by 2021.
- Abundant growth potential, along with support for living standards and population structure; Increased awareness of self-protection has caused the entire pharmaceutical industry in Vietnam to continuously grow in recent years. Specifically; The Pharmaceutical industry achieved an increase of 11% in 2017, in the period 2018-2021 the average rate is expected to be 11.4%. The scale also continuously creates new peaks; From 4.2 billion USD (2015) to now about 5.8-6 billion USD, this number will increase sharply in the next 3 years to reach 7.8 billion USD by the end of 2021.
In the current situation, the Pharmacy industry is listed as a high profession, associated with caring for and protecting the health of the entire community. After graduation, depending on personal aspirations and abilities, Pharmacists can take on many different positions such as: