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Modern pharma grows more colourful

November 28, 2019 / THY BUI

The modern pharmacy retail segment is welcoming an exciting new entrant in Japanese drug and cosmetics retailer Matsumotokiyoshi Co., Ltd, urging existing players to dust down their racing goggles. Matsumotokiyoshi has agreed to form a joint venture with Lotus Food Group JSC to operate a drugstore chain under the name MatsuKiyo in Vietnam. The move is part of its broad plan to step up its operations outside Japan and tap into Vietnam’s strong demand for Japanese cosmetics and supplements.