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Tag: health and fitness
The Health & Fitness category covers industry trends, wellness innovations, and consumer behavior in the fitness and health sector. It explores gym equipment, fitness programs, nutrition trends, and digital health solutions, providing insights into market growth, investment opportunities, and regulatory changes.
Tax: Vietnam to impose excise tax on soft drinks from 2027
Vietnam’s National Assembly has passed an amendment to the Law on Special Consumption Tax, introducing new excise taxes on soft drinks and revising tax schedules for alcohol, tobacco, air conditioners, and fuel, VN Express has reported.
Healthcare: Vietnam’s health and social assistance sector records US$92 million in March FDI
The health and social assistance sector saw US$92 million in foreign direct investment in March. No new projects were reported during the month, according to the latest data from the Ministry of Industry and Trade.
Vietnam drug and medical service costs increase in February: CPI data
Drug and medical service costs in Vietnam rose by 0.31 percent in February, driven by higher medical service fees and increased demand for medications, according to the Vietnam’s Consumer Price Index. The medical services price index increased by 0.36 percent following the implementation of new service pricing under Circular No. 21/2024/TT-BYT, issued by the Ministry of Health.
Medical and rehabilitation equipment production in Vietnam sees January decline
Vietnam’s production of medical, dental, orthopaedic, and rehabilitation equipment and instruments increased by 57.5 percent in January compared to the 2019 baseline, according to Vietnam’s Industrial Production Index. However, this was lower than December 2024, when output stood at 84.6 percent above 2019 levels.
Medical services and medicine costs in Vietnam rise in January
Medical services and medicine costs in Vietnam increased by 9.47 percent in January, contributing 0.51 percentage points to Vietnam’s Consumer Price Index.
Vietnam’s imports of pharmaceutical materials surge by 35.5 percent in December
China remained the leading supplier, contributing US$38.90 million, a 19.54 percent increase from the previous month. India experienced significant growth, with imports surging by 157.30 percent to US$9.18 million. South Korea saw the most dramatic rise, with imports increasing by 1,520.56 percent to US$386,163, while Spain recorded a 395.88 percent increase to US$326,801.
Vietnam’s Supplements Market 2025: Consumer Trends, Data, Landscape
The health supplements market in Vietnam has experienced significant growth in recent years, driven by increasing health awareness, rising disposable incomes, and a rapidly growing middle class…
Vietnam Healthcare Industry Overview 2025: Growth, Investment, and Opportunities
Foreign investment plays a vital role in the industry’s development, with many international companies partnering with Vietnamese healthcare providers to establish advanced facilities and introduce modern medical technology. These partnerships bring much-needed capital and expertise, supporting infrastructure growth and elevating service standards…
Vietnam’s Health and Fitness Industry 2025: Trends, Growth, Opportunities
Vietnam’s health and fitness industry is growing rapidly, driven by rising income levels, increasing health awareness, and urbanisation. Gyms and fitness centres, both large international chains and local establishments, are expanding to meet this demand.
Vietnam’s pharmaceutical product imports surge by 68.56 percent in December
The USA led the surge, with imports skyrocketing by 331.62 percent to US$101.02 million. India and South Korea also showed significant growth, with imports increasing by 85.26 percent and 139.22 percent, respectively. Belgium recorded an impressive 92.25 percent growth, contributing US$28.03 million in December.
Vietnam’s medical equipment production sees strong growth in 2024
Year-on-year, the sector recorded robust growth of 16.5 percent in December 2024 compared to December 2023. Over the full year, cumulative growth stood at 9.2 percent in 2024 compared to 2023, reflecting consistent expansion throughout the year.
Vietnam’s pharmaceutical production grows steadily in 2024
Year-on-year, the sector posted a modest growth of 0.5 percent in December compared to December 2023. However, for the full year of 2024, cumulative growth reached 7.3 percent compared to 2023, highlighting consistent annual progress.
Vietnam medicines and medical services prices up in December 2024
For the full year, the sector experienced a significant rise of 7.16 percent compared to 2023, reflecting ongoing cost pressures and increased demand for healthcare services and pharmaceuticals.
Vietnam’s health and social assistance sector sees strong December FDI growth
In 2024, the sector attracted a total of 2 new projects with US$95.37 million in newly registered capital.
Vietnam’s pharmaceutical production shows steady monthly growth in November
Year-on-year, the sector recorded a slight decline of 0.81 percent in November 2024 compared to the same period in 2023. However, for the first 11 months of 2024, the pharmaceutical sector achieved cumulative growth of 8.15 percent compared to the same period last year, underlining its steady expansion over the year.
Herbalife Vietnam fined for multi-level marketing regulations violations
Herbalife Vietnam, a multi-level marketing firm in the supplements space, has been fined VND 205 million or US$8,063 for range of violations including: a lack of proper training of new signees, a lack of qualified trainers, and a failure to properly report on its activities…
How to Open a Gym in Vietnam 2025: Culture, Regulations & Costs
Opening a gym in Vietnam for foreign firms or individuals, however, is not always easy. Not only are there several technical and licensing requirements that need to be met, but Vietnam has also developed its own very distinct gym culture. This can take a little getting used to and may make penetrating Vietnam’s gym-going consumer class challenging. With this in mind, understanding the nuances of Vietnamese gym culture and the complexities of business establishment procedures in advance of entering the market can therefore be crucial to the success of a new gym in Vietnam. This runs through the key details.
Vietnam sees minimal activity in health and social assistance FDI in November
Year-to-date (YTD), the sector has attracted a total of 2 new projects with US$95 million in newly registered capital, showing a significant decrease in November despite strong growth for the year.
Vietnam’s diagnostic labs market to reach US$2.17 billion by 2032: Report
The diagnostic labs sector plays a vital role in Vietnam’s healthcare system, offering critical services for medical testing and diagnostics. The rising incidence of chronic illnesses such as diabetes, cardiovascular diseases, and cancer has significantly boosted the demand for diagnostic services, the report says.
Vietnam medicines, medical services prices report sharp November decline
The Consumer Price Index (CPI) for medicines and medical services in Vietnam experienced a significant decrease of 3 percent in November compared to October, reaching 5.28 percent, according to Vietnam’s General Statistics Office.
Q1 2025
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