Buymed Among 17 Signatories at the Landmark Thailand–Vietnam Business Forum 2026

On 28 May 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. Buymed is honored to have been among the signatories — standing alongside leading enterprises from both nations at a defining moment for the region.

A forum marking 50 years of partnership

Held at The Ritz-Carlton Bangkok under the theme "Growing Together," the forum brought together nearly 700 enterprises from both countries to mark 50 years of Thailand–Vietnam diplomatic relations. 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, it served as a high-level platform to turn political trust into concrete economic cooperation.

The ambition set out by both governments is clear: to advance bilateral trade toward US$25 billion and to build a complementary economic space that strengthens not only the two nations, but ASEAN as a whole. As leaders from both sides emphasized, if political ties provide the foundation of trust, economic cooperation must provide the engine for development — and it is the private sector that turns commitment into lasting value.

What this means for Buymed

For Buymed, being one of the signatories is more than a proud milestone — it reflects the direction the company has pursued since expanding into international markets, and in Thailand in particular: building a digitalized B2B pharmaceutical distribution platform across Southeast Asia that connects manufacturers, distributors, and pharmacies to make access to medicine faster, more transparent, and more efficient.

That mission matters because, for much of the region, pharmaceutical distribution has long run on legacy systems — offline wholesale hubs, fragmented sourcing, and inconsistent pricing. A supply chain that is intelligent, connected, and data-driven is not an abstract goal. It determines whether a pharmacy, in a major city or a remote province, can reliably stock the products its community depends on.

A partnership with Woothi Interdrug

At the forum, Buymed signed a Memorandum of Understanding with Woothi Interdrug, a long-established and trusted pharmaceutical distributor in Thailand. By combining Woothi's experience and deep local market knowledge with Buymed's strengths in digitalization, supply chain, and data, the two companies aim to bring quality medicine closer to pharmacies across Thailand — including markets beyond the major urban centers.

The partnership reflects how Buymed approaches every market it enters: not simply selling into a new geography, but building lasting relationships with trusted local partners and supporting their growth with technology, real-time insight, and a long-term commitment to shared success.

Looking ahead

Being one of the 17 signatories is, for us, both an honor and a responsibility. As the two governments deepen their cooperation in the next chapter of this 50-year relationship, Buymed is committed to doing its part — connecting markets, modernizing the healthcare supply chain, and ensuring the benefits of regional integration reach the patients and pharmacists who need them most.