Vietnam to have first dialyzer manufacturing plant

Mar 22nd at 12:23
22-03-2021 12:23:37+07:00

Vietnam to have first dialyzer manufacturing plant

Japanese medical device manufacturer Nipro has been licensed to adjust upward its investment at the Saigon Hi-Tech Park (SHTP) in HCMC by US$270 million to US$570 million, and will start the production of dialyzers in the city, according to the SHTP management board.

A view of Nipro Vietnam medical device plant project at SHTP in HCMC. Nipro will start the production of dialyzers at SHTP – PHOTO: H.SON

With the fresh amount of investment, the Nipro Vietnam medical device plant project at SHTP will expand its capacity and will become the first plant in the country to manufacture dialyzers, or artificial kidneys used in dialysis machines.

The project is expected to churn out six million Japanese-standard dialyzers each year, which will be later raised to 48 million per year.

Nipro is expected to upgrade its plant at SHTP next month and put it into trial operation to pave the way for the production of dialyzers in 2023.

The Japanese manufacturer expects the project will help increase the supply of dialyzers in Vietnam and the world, as well as help reduce the product price, enable patients with kidney failure to use single-use dialyzers and thus improve their quality of life.

In late 2016, Nipro received an investment certificate for investing US$300 million in SHTP to develop the plant which covers nearly 10 hectares and produces medical device such as catheters, blood tubing sets, infusion sets, and other equipment to serve dialysis.

The expanded project is expected to leave positive impact on the city’s socioeconomic development and create job opportunities to over 4,000 people, as well as contribute to the city’s budget.

Aside from supplying the local market, the Nipro Vietnam plant will export its products to Japan and other Southeast Asian markets.

Headquartered in Japan’s Osaka City, Nipro is reportedly the second largest manufacturer of dialysis equipment. The Japanese manufacturer has made significant investment in Vietnam with an aim to ramp up the production of dialysis equipment and meet the rising demand for dialysis in Vietnam and other markets. Besides this, the low-cost workforce is another factor behind Nipro’s decision to choose Vietnam as one of its investment destinations.

The Saigon Times



NEWS SAME CATEGORY

Campaign launched to promote US farm produce in Vietnam

A promotion campaign has been introduced in Ho Chi Minh City with the aim of bringing United States agricultural products closer to Vietnamese consumers.

Increasing maritime transport cost making export difficult

Maritime transport costs have skyrocketed in recent months as the impact of the COVID-19 pandemic takes its toll, pushing import-export companies into a lot of...

FMCG market forecast to grow by 6.4 per cent in urban areas in 2021

The fast moving consumer goods sector is forecast to grow at 6.4 per cent this year in the country’s four major cities and 8.7 per cent in rural areas, according to...

Criteria for identifying high-tech enterprises set from April

The prime minister issued Decision No.10/2021/QD-TTg providing criteria for identifying high-tech enterprises, effective from April 30.

Initiative launched to promote US farm produce in Vietnam

Under the initiative, customers and business people will be informed about American products currently available in the Vietnamese market, promotions from the...

Garment exports to Eurasian Economic Union might have exceeded quota

Some textile and garment items which are entitled to preferential tariffs in the Eurasian Economic Union under a bilateral free trade agreement exceeded the quota...

Capital mobilisation query leads power plan analysis

The third draft of the National Power Development Plan 8 (PDP8) is 843 pages thick but only nine of these cover financial issues, with an average mobilisation of...

Vietnam should allow certain destinations to welcome back foreigners: experts

Vietnam should designate certain destinations to welcome vaccinated foreigners back while residents in these localities are inoculated against Covid-19 to boost...

MM Mega Market Vietnam announces multi-site solar roof project

MM Mega Market Vietnam (MM) recently announced its “Implementation and upcoming completion of the multi solar roof project - Phase 1”. The project is one of MM’s...

Vietnam needs coal-fired plants for 15 years at least

Despite the associated environmental problems, Vietnam cannot do without power plants for another 15 years at least, experts say.


MOST READ


Back To Top