MEDLATEC GROUP | APEA - Asia Pacific Enterprise Awards Asia Pacific Enterprise Awards
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CORPORATE EXCELLENCE CATEGORY

MEDLATEC GROUP

Information about the Company
Medlatec Group (Medlatec) has been a Vietnamese healthcare provider since 1996 offering patient-centric, high-quality, affordable medical services with well-known professionals, and modern equipment. It has set its footprint nationwide with one hospital, 13 general clinics, 29 laboratories, and more than 200 sample collection points; it has officially gone beyond Vietnam borders by opening a branch in Cambodia. Medlatec is firstly famous for its on-site sampling service as a pioneer and then well-qualified medical specialties managing nearly 4 million patient visits yearly with a team of close to 3,000 staff.

Its vision is to become a leading healthcare provider of a subclinical testing field in Southeast Asia with a focus on the development of a Diagnostic Testing Center and Imaging Diagnostic Center serving the diagnostic and treatment needs of medical professionals. The company is on a mission to improve the life quality of Vietnamese people according to its "Good service - high technology" standard.

Corporate Culture & Company Activities
Medlatec's culture is always up-to-date with the new era to create a perfect picture of its medical mission and ensure benefits for customers, employees, and stakeholders. Medlatec values the development of employees, which is the essential factor to its success in providing patients best services. Although it is a private enterprise, Medlatec pays attention to developing the Communist Party, Youth Union, and Labor Union, doing its part to contribute to society.

In addition, there are various clubs for sports, and arts that enrich the spiritual life of employees. Each year, the organization holds nearly 100 programs such as galas, birthdays, trips, sports festivals, summer camps, and Children's Day celebrations to strengthen its bonds. Its emphasis is training. Not only does it organize 1500 skill enhancement programs to help employees improve their knowledge and expertise but the company also sends medical personnel to attend intensive courses at renowned universities as well.

Medlatec considers launching charity activities as a part of its responsibilities. Specifically, it offers complimentary health screening and outpatient healthcare services for various community groups and events, sponsoring education, building schools, bridges, and roads in remote areas, supporting more than 500,000 people with a total amount of VND 50 billion in 2022 alone. A Medlatec representative shared that the company would be making more significant investments in such activities in the coming years, with a substantially higher budget.
Achievements and Impact
Medlatec is the very first to change Vietnamese healthcare habits from medical examinations at the hospital to at-home medical examinations. It has been the market leader in on-site sampling services and the first to receive the prestigious international certificate CAP in addition to ISO 15189: 2012.

Despite the negative impact of Covid-19, Medlatec recorded positive results, in which revenue exceeded 11%, the number of branches expanded to 47/63 provinces, and maintained its position as the winner of the on-site sampling market successfully.

In 2022, it reached a 133% increase in revenue, equivalent to USD 84.6 million, and got a growth rate of 15% in the number of customers. This year, the number of employees increased by 41%. Even in the current economic crisis, Medlatec goes well and increased the total number of branches to 52 and one foreign base in Cambodia. Medlatec is proud of the fact that it has brought trustable and reliable healthcare solutions to a large number of patients & partners no matter how far the distance is.

Through relentless efforts and dedication to society, Medlatec has been honored with Certificates of Merit and Commendation Flags from the Ministry of Health and the People's Committee of the City, the Third-class Labor Medal for outstanding achievements in patient examination, treatment, and pioneering the implementation of family doctor clinics (2017-2021). It has also received the Government's Commendation Flag presented by the Prime Minister and the Certificate of Commendation from the Chairman of the Hanoi People's Committee for its achievements in The Enterprise Bloc Competition (2019). Additionally, it has been commended by the Ministry of Health for excellent completion of the task of caring for the health of the entire population (2019) and received a Certificate of Commendation from the Prime Minister for outstanding performance in fulfilling its mission (2021).

Future Direction
Over the past 28 years, Medlatec has achieved remarkable milestones, laying a solid foundation for the company to emerge as a leading medical group in Vietnam, capable of expanding its reach globally. With a forward-thinking approach, the Board of Directors has outlined the corporation's future development strategies, with a specific focus on two key areas.

Firstly, there is a strong commitment to further develop specialized services aimed at community health care and societal service. This includes recognizing the importance of testing as a cornerstone, with a dedicated on-site sampling service. Medlatec has already established a state-of-the-art testing center in Cau Giay, Hanoi, which not only reinforces its position locally but also positions it competitively on a regional and global scale. Additionally, there is a dedicated effort to expand and establish medical facilities in key markets, with a focus on enhancing service quality and improving customer experiences. Furthermore, the company aims to maximize its technological platform to provide high-quality primary care services through telemedicine, thereby creating an online hospital model.

Secondly, there is a strong emphasis on embracing the Fourth Industrial Revolution. Looking ahead to 2025, Medlatec plans to implement digitization and smart management practices throughout its system. It aims to attract foreign investment capital and deliver the utmost value to its customers and partners by leveraging technological advancements.

CORPORATE EXCELLENCE CATEGORY

MEDLATEC GROUP

Information about the Company
Medlatec Group (Medlatec) has been a Vietnamese healthcare provider since 1996 offering patient-centric, high-quality, affordable medical services with well-known professionals, and modern equipment. It has set its footprint nationwide with one hospital, 13 general clinics, 29 laboratories, and more than 200 sample collection points; it has officially gone beyond Vietnam borders by opening a branch in Cambodia. Medlatec is firstly famous for its on-site sampling service as a pioneer and then well-qualified medical specialties managing nearly 4 million patient visits yearly with a team of close to 3,000 staff.

Its vision is to become a leading healthcare provider of a subclinical testing field in Southeast Asia with a focus on the development of a Diagnostic Testing Center and Imaging Diagnostic Center serving the diagnostic and treatment needs of medical professionals. The company is on a mission to improve the life quality of Vietnamese people according to its "Good service - high technology" standard.

Corporate Culture & Company Activities
Medlatec's culture is always up-to-date with the new era to create a perfect picture of its medical mission and ensure benefits for customers, employees, and stakeholders. Medlatec values the development of employees, which is the essential factor to its success in providing patients best services. Although it is a private enterprise, Medlatec pays attention to developing the Communist Party, Youth Union, and Labor Union, doing its part to contribute to society.

In addition, there are various clubs for sports, and arts that enrich the spiritual life of employees. Each year, the organization holds nearly 100 programs such as galas, birthdays, trips, sports festivals, summer camps, and Children's Day celebrations to strengthen its bonds. Its emphasis is training. Not only does it organize 1500 skill enhancement programs to help employees improve their knowledge and expertise but the company also sends medical personnel to attend intensive courses at renowned universities as well.

Medlatec considers launching charity activities as a part of its responsibilities. Specifically, it offers complimentary health screening and outpatient healthcare services for various community groups and events, sponsoring education, building schools, bridges, and roads in remote areas, supporting more than 500,000 people with a total amount of VND 50 billion in 2022 alone. A Medlatec representative shared that the company would be making more significant investments in such activities in the coming years, with a substantially higher budget.
Achievements and Impact
Medlatec is the very first to change Vietnamese healthcare habits from medical examinations at the hospital to at-home medical examinations. It has been the market leader in on-site sampling services and the first to receive the prestigious international certificate CAP in addition to ISO 15189: 2012.

Despite the negative impact of Covid-19, Medlatec recorded positive results, in which revenue exceeded 11%, the number of branches expanded to 47/63 provinces, and maintained its position as the winner of the on-site sampling market successfully.

In 2022, it reached a 133% increase in revenue, equivalent to USD 84.6 million, and got a growth rate of 15% in the number of customers. This year, the number of employees increased by 41%. Even in the current economic crisis, Medlatec goes well and increased the total number of branches to 52 and one foreign base in Cambodia. Medlatec is proud of the fact that it has brought trustable and reliable healthcare solutions to a large number of patients & partners no matter how far the distance is.

Through relentless efforts and dedication to society, Medlatec has been honored with Certificates of Merit and Commendation Flags from the Ministry of Health and the People's Committee of the City, the Third-class Labor Medal for outstanding achievements in patient examination, treatment, and pioneering the implementation of family doctor clinics (2017-2021). It has also received the Government's Commendation Flag presented by the Prime Minister and the Certificate of Commendation from the Chairman of the Hanoi People's Committee for its achievements in The Enterprise Bloc Competition (2019). Additionally, it has been commended by the Ministry of Health for excellent completion of the task of caring for the health of the entire population (2019) and received a Certificate of Commendation from the Prime Minister for outstanding performance in fulfilling its mission (2021).

Future Direction
Over the past 28 years, Medlatec has achieved remarkable milestones, laying a solid foundation for the company to emerge as a leading medical group in Vietnam, capable of expanding its reach globally. With a forward-thinking approach, the Board of Directors has outlined the corporation's future development strategies, with a specific focus on two key areas.

Firstly, there is a strong commitment to further develop specialized services aimed at community health care and societal service. This includes recognizing the importance of testing as a cornerstone, with a dedicated on-site sampling service. Medlatec has already established a state-of-the-art testing center in Cau Giay, Hanoi, which not only reinforces its position locally but also positions it competitively on a regional and global scale. Additionally, there is a dedicated effort to expand and establish medical facilities in key markets, with a focus on enhancing service quality and improving customer experiences. Furthermore, the company aims to maximize its technological platform to provide high-quality primary care services through telemedicine, thereby creating an online hospital model.

Secondly, there is a strong emphasis on embracing the Fourth Industrial Revolution. Looking ahead to 2025, Medlatec plans to implement digitization and smart management practices throughout its system. It aims to attract foreign investment capital and deliver the utmost value to its customers and partners by leveraging technological advancements.