Experts discuss ways to promote herbal medicine

Mar 30th at 08:08
30-03-2018 08:08:19+07:00

Experts discuss ways to promote herbal medicine

Experts and scientists discussed ways to promote the herbal medicine industry in Viet Nam as at a workshop on March 28 in Ha Noi.

 

Prof. Tran Van On, head of the phytological speciality of the Ha Noi University of Pharmacy, said that local herbal materials haven’t met the expected potential; it could not even compete with imported materials and products right in the market of Viet Nam.

“We now see the source of herbal material as a mine and we will continue digging until it is exhausted. That is the current situation of the pharmaceutical material industry in Viet Nam,” Prof. On said.

He added that the pharmaceutical material source has been exploited rampantly for export in many provinces and regions. This situation will lead to the exhaustion of natural sources in Viet Nam.

“We have only seen herbal plants as drug materials. It means that we have already missed a lot of chances to diversify many products that can be developed from our herbal plants, especially a chance to connect the development of herbal materials with tourism. From that we could participate in a huge market of no-smoke industry worth billions of US dollars,” On said.

“It’s time to revise the way we see the local pharmaceutical materials,” On stressed.

The director of the Quang Ninh Health Department, Vu Tuan Cuong, said that herbal medicines and health care products manufactured from herbs have gained a lot of competitive advantages in the current context of globalisation, global integration and severe competition due to Viet Nam’s favourable natural conditions and biodiversity.

“The herbal medicine sector should choose three to five local herbal plants as key products in order to promote the development of medicine and international integration. South Korea, for example, has focused on two plants, Ginseng and Lingzhi, which can bring billions of dollars in export yearly,” Cuong said.

Therefore, we need to promote the value of good plants such as Ngoc Linh ginseng, Ba Kich (Morinda officinalis How) and apply advanced technologies for the development of herbal medicines from the selection of seedling to product underwriting and distribution following value chain.

Nguyen Huy Van, deputy general director of Traphaco JSC, said that Viet Nam has around 4,000 herbal remedies, so it is necessary to focus on exploiting those sources of knowledge.

In the current trend, traditional medicine is not only limited to traditional methods of herbal medicine production but also the application of advanced science and technology from product development and plant care to harvest, processing and packaging, according to Van.

Prof. On said that a herb development system in the community of the university’s Department of Plant, in collaboration with the DK Pharma JSC, has formed a good business model and efficient value chain over the past 15 years.

That is a model of medicinal garden combined with tourism development. Two medicinal gardens were established in Yen Tu (Quang Ninh Province) and Bai Dinh (Ninh Binh Province). A medicinal garden was proposed to be built in Quan Ba District, Ha Giang Province.

bizhub



NEWS SAME CATEGORY

Petrolimex to issue e-invoices from Sunday

Vietnam National Petroleum Group (Petrolimex) will officially issue electronic invoices to replace ordinary paper bills from Sunday. The decision follows the...

Digitalisation to drive agriculture in a sustainable way: Eurocham experts

Digitalization is the engine that would drive the future of agriculture, “Agriculture in Viet Nam: Can innovation push Viet Nam to the top of the global market?”, a...

Colossal Vietnam-produced container cranes shipped to India

A shipment of giant ship-to-shore cranes developed by a Vietnamese company began their journey to an Indian port on Wednesday as part of a multi-crane contract...

Hyundai Tan Phu plant under inspection

The Inspectorate of Ba Ria-Vung Tau province will conduct an inspection on licensing and revocation of the investment certificate of the Hyundai Tan Phu producing...

Da Nang’s polluting steel plants resume production after initial shutdown

The administration of Da Nang City in central Vietnam has permitted two local steel mills to remain in operation for another six months after they had been ordered...

BTG Holdings called back to decide fate of $500 million project in Vietnam

Slovakia's BTG Holdings, the registered investor of a $500 million industrial park and related investment projects including a $116-million Budweiser brewery in the...

Le Thuy lures in foreign investors to wind power sector

The enthusiasm of UPC Renewable Asia I Limited to develop two wind power plants in Le Thuy district of Quang Binh province, suggests Le Thuy might become the...

Korean Nexen Tech plans VN factory

Nexen Tech Ltd Co from the Republic of Korea will begin construction of its first factory at the Gia Phu Industrial Complex in the northern Ninh Binh province in...

VN wood industry faces input woes

Viet Nam’s wood industry faces a quandary as bright export growth prospects are clouded by difficulties in finding the necessary raw materials.

Organic produce exporters explore global opportunities

There is great potential for export of Vietnamese organic agricultural products to the US and Europe, but businesses need guidance and support from trade promotion...


MOST READ


Back To Top