German pharma giant to ship billions of tablets from Vietnam to Europe

German pharma giant to ship billions of tablets from Vietnam to Europe

German pharmaceutical giant Stada Group will ramp up drugs production at both its Vietnam factories and significantly boost exports to Europe, says CEO Peter Goldschmidt.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

91% of German firms plan Vietnam expansion

91% of German firms plan Vietnam expansion

Up to 91% of German companies in Vietnam intend to expand their investments while 57% are seeking new and additional suppliers here as they diversify their supply chains, said Marko Walde, chief representative of AHK (the German Chamber of Commerce) in Vietnam, Myanmar, Cambodia, and Laos.

Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7