On May 28, 2026, in the presence of H.E. To Lam, General Secretary of the Communist Party of Vietnam and President of the Socialist Republic of Vietnam, and H.E. Anutin Charnvirakul, Prime Minister of Thailand, 17 strategic Memoranda of Understanding were signed at the Thailand-Vietnam Business Forum 2026 in Bangkok. Among the signatories was Buymed, marking another step in the company’s regional expansion strategy and its growing role in Southeast Asia’s healthcare supply chain.
A milestone in Thailand-Vietnam economic cooperation
Held at The Ritz-Carlton Bangkok under the theme “Growing Together,” the forum brought together nearly 700 businesses from Thailand and Vietnam to celebrate 50 years of diplomatic relations between the two countries. Co-organized by Vietnam’s Ministry of Finance, the Embassy of Vietnam in Thailand, Thailand’s Ministry of Foreign Affairs, and the Thailand-Vietnam Friendship Association, the event served as a platform for advancing bilateral investment, trade, and business partnerships.
The two governments reaffirmed their ambition to raise bilateral trade to $25 billion while strengthening economic integration within ASEAN. Business cooperation was highlighted as a key driver for translating political goodwill into tangible economic outcomes.
Strengthening a regional healthcare distribution network
Buymed’s participation reflects its broader ambition to build a leading digital healthcare distribution ecosystem across Southeast Asia. Operating at the intersection of technology and healthcare, the company has focused on modernizing pharmaceutical supply chains through digital infrastructure that connects manufacturers, distributors, and pharmacies.
Across many Southeast Asian markets, pharmaceutical distribution continues to face challenges including fragmented sourcing, limited transparency, and operational inefficiencies. Digital platforms are increasingly viewed as an important tool for improving supply chain visibility, expanding market access, and helping healthcare providers secure more reliable access to medicines.
Against this backdrop, Buymed has continued to expand its regional footprint, with Thailand representing one of the company’s key strategic markets.
Partnership with Woothi Interdrug
At the forum, Buymed signed a Memorandum of Understanding with Woothi Interdrug, a long-established pharmaceutical distributor in Thailand. The partnership combines Woothi’s local market expertise and distribution network with Buymed’s capabilities in digitalization, supply chain management, and data-driven operations.
The collaboration aims to enhance pharmaceutical distribution efficiency and improve access to quality medicines for pharmacies across Thailand, including areas beyond major urban centers. It also reflects Buymed’s approach to market expansion through partnerships with established local players, supported by technology and operational expertise.
Looking ahead
The signing underscores Buymed’s commitment to supporting greater connectivity within Southeast Asia’s healthcare sector at a time when regional economic cooperation is accelerating.
As Thailand and Vietnam deepen economic ties in the next phase of their bilateral relationship, initiatives that improve supply chain efficiency, strengthen market linkages, and expand access to healthcare products are expected to play an increasingly important role. Through partnerships such as the one with Woothi Interdrug, Buymed is positioning itself to contribute to that transformation while advancing its vision of a more connected and efficient healthcare ecosystem across the region.
Google translate