Category Archives: insights

Vietnam’s Pharmacy Gold Rush: Can Circa Succeed Where Pharmacity Failed?

circa pharmacity

Vietnam’s pharmacy retail market is soaring—on paper. With double-digit annual growth, a rising middle class, and increasing health awareness post-COVID, it has become one of Southeast Asia’s most dynamic healthcare battlegrounds. But beneath the surface, cracks are forming. The collapse of Pharmacity—once touted as Vietnam’s answer to CVS—has served as a cautionary tale: aggressive expansion, […]