Information about the Company
Vietnam Pharmaceutical Corporation (Vinapharm) is the only corporation in Vietnam's pharmaceutical industry. Vinapharm currently holds its capital contributions in 23 member enterprises, of which 5 are distribution enterprises and 18 are manufacturing enterprises. Vinapharm's core business includes financial investment, drug manufacturing; distributing drugs, vaccines, and medical bio-products, and conducting bioequivalence research.
The company has the strategic goal of becoming the leading corporation for the investment and distribution of pharmaceuticals, vaccines, and medical bio-products in Vietnam and the rest of the region. Vinapharm constantly maintains and reinforces its business activities by building an organizational model to meet the requirements of socio-economic development in each period and fulfills its tasks as assigned by the Party, the State, and the Ministry of Health of Vietnam. It also works toward actively contributing to the development of the pharmaceutical industry, health protection, and care for the people.
Vinapharm's missions are to provide products and services of the highest quality and best technology in order to improve community health for clients; to be a reliable partner in areas of pharmaceuticals, vaccines, and bio-products for stakeholders; and to promote cooperation spirit and mutual development, to commit to being a dynamic companion and shareholder of member companies for member companies. Vinapharm’s core values are Strength of Connection, Sustainable Development, and Towards the Community’s Benefit.
Corporate Culture & Company Activities
Vinapharm’s corporate culture is defined by Dedication to Human Health (putting humans at the center of all decisions), Trust (delivering all of the corporation’s commitments in manufacturing and business with TRUST as its first priority), and Sensibility (the foundation of Vinapharm’s behavioral culture).
Vinapharm’s management team is focused on establishing and developing the corporate culture, considering it the core of corporate development. In a nutshell, through the company’s “Dedication, Trust, Sensibility”; it is a business with the purpose of putting humans at the center of its operations.
In caring for its staff, Vinapharm proactively ensures they have updated information and knowledge by organizing short-term training courses while having long-term training policies for employees, nurturing and motivating innovative ideas of staff. It also develops policies that reward, incentivize, and encourage employees. The company always cares for the physical and mental conditions of employees, establishing and encouraging long-term engagement with its staff.
Through Vinapharm’s social activities for the community, it is always willing to cooperate for the development of the community, demonstrating its corporate responsibility to the society and country. Some specific activities include charity programs that donate warm clothes, medicinal drugs, medical supplies for schools, and health stations in mountainous areas. The company has also sponsored medicines for provinces in Central Vietnam during incidents of flooding.
Vietnam Pharmaceutical Corporation (Vinapharm) is the only corporation in Vietnam's pharmaceutical industry. Vinapharm currently holds its capital contributions in 23 member enterprises, of which 5 are distribution enterprises and 18 are manufacturing enterprises. Vinapharm's core business includes financial investment, drug manufacturing; distributing drugs, vaccines, and medical bio-products, and conducting bioequivalence research.
The company has the strategic goal of becoming the leading corporation for the investment and distribution of pharmaceuticals, vaccines, and medical bio-products in Vietnam and the rest of the region. Vinapharm constantly maintains and reinforces its business activities by building an organizational model to meet the requirements of socio-economic development in each period and fulfills its tasks as assigned by the Party, the State, and the Ministry of Health of Vietnam. It also works toward actively contributing to the development of the pharmaceutical industry, health protection, and care for the people.
Vinapharm's missions are to provide products and services of the highest quality and best technology in order to improve community health for clients; to be a reliable partner in areas of pharmaceuticals, vaccines, and bio-products for stakeholders; and to promote cooperation spirit and mutual development, to commit to being a dynamic companion and shareholder of member companies for member companies. Vinapharm’s core values are Strength of Connection, Sustainable Development, and Towards the Community’s Benefit.
Corporate Culture & Company Activities
Vinapharm’s corporate culture is defined by Dedication to Human Health (putting humans at the center of all decisions), Trust (delivering all of the corporation’s commitments in manufacturing and business with TRUST as its first priority), and Sensibility (the foundation of Vinapharm’s behavioral culture).
Vinapharm’s management team is focused on establishing and developing the corporate culture, considering it the core of corporate development. In a nutshell, through the company’s “Dedication, Trust, Sensibility”; it is a business with the purpose of putting humans at the center of its operations.
In caring for its staff, Vinapharm proactively ensures they have updated information and knowledge by organizing short-term training courses while having long-term training policies for employees, nurturing and motivating innovative ideas of staff. It also develops policies that reward, incentivize, and encourage employees. The company always cares for the physical and mental conditions of employees, establishing and encouraging long-term engagement with its staff.
Through Vinapharm’s social activities for the community, it is always willing to cooperate for the development of the community, demonstrating its corporate responsibility to the society and country. Some specific activities include charity programs that donate warm clothes, medicinal drugs, medical supplies for schools, and health stations in mountainous areas. The company has also sponsored medicines for provinces in Central Vietnam during incidents of flooding.
Fulfill your trust, Firmly integrate
Achievements and Impact
In 2022, Vinapharm held capital contributions in 23 firms and 13 of these grew both in revenue and profit compared to 2021. Of those 13, eight companies have recorded a growth rate of over 50% in terms of profit compared to 2021.
Besides that, among the 18 manufacturing companies, seven companies have reached a revenue of over VND 1,000 billion, and four companies attained a profit of over VND 100 billion before tax. Among the five distributing companies, four companies have reached a revenue of over VND 2,000 billion, and one company attained a profit of over VND 100 billion before tax.
In recent times, Vinapharm has been continuously appreciated and honored by prestigious organizations both in the country and internationally for its contributions to the field of health care. In particular, in recognition of Vinapharm’s contributions and achievements over more than half a century of establishment and development with the country, at the 50th anniversary of its founding, Vinapharm was honored and proud to receive the First Class Labor Medal from the President of Vietnam.
Future Direction
Vinapharm’s strategic goal is "to become the leading corporation in investment and distribution of pharmaceuticals, vaccines, and bio-products in Vietnam and the region; and to own 20 percent of Vietnam’s medical distribution market share by 2030”.
Since the beginning of June 2023, the right to represent the State capital owner at Vinapharm has been transferred from the Ministry of Health to the State Capital Investment Corporation (SCIC). Under the management and direction of SCIC, Vinapharm is developing a restructuring scheme to further enhance its productivity thereby optimizing the value of the capital of the State and shareholders.
Besides, Vinapharm is actively expanding relationships with international partners, aiming towards the goal of seeking cooperation opportunities in areas of transferring original brand-name drugs and technology to produce biopharmaceutical products in Vietnam with the ultimate goal of providing Vietnamese people access to pharmaceutical sources with good quality, high standards, and reasonable prices. Other goals include seeking opportunities for investment cooperation to build a Research and Development Center in Vietnam while also searching for suitable products for Vinapharm's subsidiaries to distribute in Vietnam.
In 2022, Vinapharm held capital contributions in 23 firms and 13 of these grew both in revenue and profit compared to 2021. Of those 13, eight companies have recorded a growth rate of over 50% in terms of profit compared to 2021.
Besides that, among the 18 manufacturing companies, seven companies have reached a revenue of over VND 1,000 billion, and four companies attained a profit of over VND 100 billion before tax. Among the five distributing companies, four companies have reached a revenue of over VND 2,000 billion, and one company attained a profit of over VND 100 billion before tax.
In recent times, Vinapharm has been continuously appreciated and honored by prestigious organizations both in the country and internationally for its contributions to the field of health care. In particular, in recognition of Vinapharm’s contributions and achievements over more than half a century of establishment and development with the country, at the 50th anniversary of its founding, Vinapharm was honored and proud to receive the First Class Labor Medal from the President of Vietnam.
Future Direction
Vinapharm’s strategic goal is "to become the leading corporation in investment and distribution of pharmaceuticals, vaccines, and bio-products in Vietnam and the region; and to own 20 percent of Vietnam’s medical distribution market share by 2030”.
Since the beginning of June 2023, the right to represent the State capital owner at Vinapharm has been transferred from the Ministry of Health to the State Capital Investment Corporation (SCIC). Under the management and direction of SCIC, Vinapharm is developing a restructuring scheme to further enhance its productivity thereby optimizing the value of the capital of the State and shareholders.
Besides, Vinapharm is actively expanding relationships with international partners, aiming towards the goal of seeking cooperation opportunities in areas of transferring original brand-name drugs and technology to produce biopharmaceutical products in Vietnam with the ultimate goal of providing Vietnamese people access to pharmaceutical sources with good quality, high standards, and reasonable prices. Other goals include seeking opportunities for investment cooperation to build a Research and Development Center in Vietnam while also searching for suitable products for Vinapharm's subsidiaries to distribute in Vietnam.
CORPORATE EXCELLENCE CATEGORY
Vietnam Pharmaceutical Corporation (Vinapharm)
Information about the Company
Vietnam Pharmaceutical Corporation (Vinapharm) is the only corporation in Vietnam's pharmaceutical industry. Vinapharm currently holds its capital contributions in 23 member enterprises, of which 5 are distribution enterprises and 18 are manufacturing enterprises. Vinapharm's core business includes financial investment, drug manufacturing; distributing drugs, vaccines, and medical bio-products, and conducting bioequivalence research.
The company has the strategic goal of becoming the leading corporation for the investment and distribution of pharmaceuticals, vaccines, and medical bio-products in Vietnam and the rest of the region. Vinapharm constantly maintains and reinforces its business activities by building an organizational model to meet the requirements of socio-economic development in each period and fulfills its tasks as assigned by the Party, the State, and the Ministry of Health of Vietnam. It also works toward actively contributing to the development of the pharmaceutical industry, health protection, and care for the people.
Vinapharm's missions are to provide products and services of the highest quality and best technology in order to improve community health for clients; to be a reliable partner in areas of pharmaceuticals, vaccines, and bio-products for stakeholders; and to promote cooperation spirit and mutual development, to commit to being a dynamic companion and shareholder of member companies for member companies. Vinapharm’s core values are Strength of Connection, Sustainable Development, and Towards the Community’s Benefit.
Corporate Culture & Company Activities
Vinapharm’s corporate culture is defined by Dedication to Human Health (putting humans at the center of all decisions), Trust (delivering all of the corporation’s commitments in manufacturing and business with TRUST as its first priority), and Sensibility (the foundation of Vinapharm’s behavioral culture).
Vinapharm’s management team is focused on establishing and developing the corporate culture, considering it the core of corporate development. In a nutshell, through the company’s “Dedication, Trust, Sensibility”; it is a business with the purpose of putting humans at the center of its operations.
In caring for its staff, Vinapharm proactively ensures they have updated information and knowledge by organizing short-term training courses while having long-term training policies for employees, nurturing and motivating innovative ideas of staff. It also develops policies that reward, incentivize, and encourage employees. The company always cares for the physical and mental conditions of employees, establishing and encouraging long-term engagement with its staff.
Through Vinapharm’s social activities for the community, it is always willing to cooperate for the development of the community, demonstrating its corporate responsibility to the society and country. Some specific activities include charity programs that donate warm clothes, medicinal drugs, medical supplies for schools, and health stations in mountainous areas. The company has also sponsored medicines for provinces in Central Vietnam during incidents of flooding.
Vietnam Pharmaceutical Corporation (Vinapharm) is the only corporation in Vietnam's pharmaceutical industry. Vinapharm currently holds its capital contributions in 23 member enterprises, of which 5 are distribution enterprises and 18 are manufacturing enterprises. Vinapharm's core business includes financial investment, drug manufacturing; distributing drugs, vaccines, and medical bio-products, and conducting bioequivalence research.
The company has the strategic goal of becoming the leading corporation for the investment and distribution of pharmaceuticals, vaccines, and medical bio-products in Vietnam and the rest of the region. Vinapharm constantly maintains and reinforces its business activities by building an organizational model to meet the requirements of socio-economic development in each period and fulfills its tasks as assigned by the Party, the State, and the Ministry of Health of Vietnam. It also works toward actively contributing to the development of the pharmaceutical industry, health protection, and care for the people.
Vinapharm's missions are to provide products and services of the highest quality and best technology in order to improve community health for clients; to be a reliable partner in areas of pharmaceuticals, vaccines, and bio-products for stakeholders; and to promote cooperation spirit and mutual development, to commit to being a dynamic companion and shareholder of member companies for member companies. Vinapharm’s core values are Strength of Connection, Sustainable Development, and Towards the Community’s Benefit.
Corporate Culture & Company Activities
Vinapharm’s corporate culture is defined by Dedication to Human Health (putting humans at the center of all decisions), Trust (delivering all of the corporation’s commitments in manufacturing and business with TRUST as its first priority), and Sensibility (the foundation of Vinapharm’s behavioral culture).
Vinapharm’s management team is focused on establishing and developing the corporate culture, considering it the core of corporate development. In a nutshell, through the company’s “Dedication, Trust, Sensibility”; it is a business with the purpose of putting humans at the center of its operations.
In caring for its staff, Vinapharm proactively ensures they have updated information and knowledge by organizing short-term training courses while having long-term training policies for employees, nurturing and motivating innovative ideas of staff. It also develops policies that reward, incentivize, and encourage employees. The company always cares for the physical and mental conditions of employees, establishing and encouraging long-term engagement with its staff.
Through Vinapharm’s social activities for the community, it is always willing to cooperate for the development of the community, demonstrating its corporate responsibility to the society and country. Some specific activities include charity programs that donate warm clothes, medicinal drugs, medical supplies for schools, and health stations in mountainous areas. The company has also sponsored medicines for provinces in Central Vietnam during incidents of flooding.
Fulfill your trust, Firmly integrate
Achievements and Impact
In 2022, Vinapharm held capital contributions in 23 firms and 13 of these grew both in revenue and profit compared to 2021. Of those 13, eight companies have recorded a growth rate of over 50% in terms of profit compared to 2021.
Besides that, among the 18 manufacturing companies, seven companies have reached a revenue of over VND 1,000 billion, and four companies attained a profit of over VND 100 billion before tax. Among the five distributing companies, four companies have reached a revenue of over VND 2,000 billion, and one company attained a profit of over VND 100 billion before tax.
In recent times, Vinapharm has been continuously appreciated and honored by prestigious organizations both in the country and internationally for its contributions to the field of health care. In particular, in recognition of Vinapharm’s contributions and achievements over more than half a century of establishment and development with the country, at the 50th anniversary of its founding, Vinapharm was honored and proud to receive the First Class Labor Medal from the President of Vietnam.
Future Direction
Vinapharm’s strategic goal is "to become the leading corporation in investment and distribution of pharmaceuticals, vaccines, and bio-products in Vietnam and the region; and to own 20 percent of Vietnam’s medical distribution market share by 2030”.
Since the beginning of June 2023, the right to represent the State capital owner at Vinapharm has been transferred from the Ministry of Health to the State Capital Investment Corporation (SCIC). Under the management and direction of SCIC, Vinapharm is developing a restructuring scheme to further enhance its productivity thereby optimizing the value of the capital of the State and shareholders.
Besides, Vinapharm is actively expanding relationships with international partners, aiming towards the goal of seeking cooperation opportunities in areas of transferring original brand-name drugs and technology to produce biopharmaceutical products in Vietnam with the ultimate goal of providing Vietnamese people access to pharmaceutical sources with good quality, high standards, and reasonable prices. Other goals include seeking opportunities for investment cooperation to build a Research and Development Center in Vietnam while also searching for suitable products for Vinapharm's subsidiaries to distribute in Vietnam.
In 2022, Vinapharm held capital contributions in 23 firms and 13 of these grew both in revenue and profit compared to 2021. Of those 13, eight companies have recorded a growth rate of over 50% in terms of profit compared to 2021.
Besides that, among the 18 manufacturing companies, seven companies have reached a revenue of over VND 1,000 billion, and four companies attained a profit of over VND 100 billion before tax. Among the five distributing companies, four companies have reached a revenue of over VND 2,000 billion, and one company attained a profit of over VND 100 billion before tax.
In recent times, Vinapharm has been continuously appreciated and honored by prestigious organizations both in the country and internationally for its contributions to the field of health care. In particular, in recognition of Vinapharm’s contributions and achievements over more than half a century of establishment and development with the country, at the 50th anniversary of its founding, Vinapharm was honored and proud to receive the First Class Labor Medal from the President of Vietnam.
Future Direction
Vinapharm’s strategic goal is "to become the leading corporation in investment and distribution of pharmaceuticals, vaccines, and bio-products in Vietnam and the region; and to own 20 percent of Vietnam’s medical distribution market share by 2030”.
Since the beginning of June 2023, the right to represent the State capital owner at Vinapharm has been transferred from the Ministry of Health to the State Capital Investment Corporation (SCIC). Under the management and direction of SCIC, Vinapharm is developing a restructuring scheme to further enhance its productivity thereby optimizing the value of the capital of the State and shareholders.
Besides, Vinapharm is actively expanding relationships with international partners, aiming towards the goal of seeking cooperation opportunities in areas of transferring original brand-name drugs and technology to produce biopharmaceutical products in Vietnam with the ultimate goal of providing Vietnamese people access to pharmaceutical sources with good quality, high standards, and reasonable prices. Other goals include seeking opportunities for investment cooperation to build a Research and Development Center in Vietnam while also searching for suitable products for Vinapharm's subsidiaries to distribute in Vietnam.