News Nov 30, 2022

Traphaco Joint Stock Company celebrated the 50th anniversary of the tradition and received the First Class Labor Medal

On November 30th, 2022, at the National Convention Center, Traphaco Joint Stock Company solemnly celebrated the 50th Anniversary of the Traditional Day and was honored to receive the First Class Labor Medal. Vice President Vo Thi Anh Xuan on behalf of the Party and State leaders attended the ceremony and awarded the First Class Labor Medal to the Company. Comrades from the Office of the President, Office of the Government, the Central Committee of Emulation and Commendation; leaders, representatives of the Ministry of Health, Ministries, Departments, Central and local mass organizations; partners, domestic and foreign customers, and Traphaco employees with a total of nearly 2,500 guests attended this special ceremony.

Vice President Vo Thi Anh Xuan awarded the First Class Labor Medal to Traphaco Joint Stock Company

50 years (November 28th, 1972 - November 28th, 2022) on the journey to create a green era in the pharmaceutical field, Traphaco JSC has developed comprehensively and dramatically, overcoming difficulties in production and business, from one factory Small manufacturing becomes a public company listed on HOSE, is a leading enterprise in the pharmaceutical industry in Vietnam with a complete green value chain from input materials of international standards - pharmaceutical production technology smart - extensive distribution system - good quality, effective, safe products.
Traphaco people are always pioneers in researching, creating, leading in modernizing traditional medicines, especially developing areas for growing and collecting clean medicinal herbs, currently there are 5 areas meeting GACP-WHO standards, and at the same time create sustainable livelihoods and enrich farmers, conserve genetic resources of precious medicinal plants, and maintain a sustainable green ecosystem. The company has many achievements in applying new scientific and technological advances, building a system of 04 factories meeting GMP-WHO standards, creating National Brand products ranked the first position in treatment medicine group such as: Hoat Huyet Duong Nao brain tonic, Boganic liver tonic, Cebraton, Tottri, Methorphan cough medicine...
With a distribution system of 28 branches and direct sales to nearly 30,000 customers nationwide, applying technology in management, Traphaco becomes the enterprise with the strongest distribution system in the pharmaceutical industry in Vietnam. The company has constantly strived, overcome difficulties, always maintained its growth rate, built a prestigious brand - quality for the social community, always strived to rise and hold the first position of oriental medicine brand in Vietnam for many years. It is expected that by the end of 2022, revenue will reach 2,500 billion, pre-tax profit will reach 400 billion; Annual dividend 30% annually; Ensure to take care of the material and spiritual life of employees in the company and actively participate in other social works, contributing to the socio-economic development of the locality, industry and the country.

Deputy Minister of Health Do Xuan Tuyen spoke at the ceremony

On behalf of the leaders of the Ministry of Health, Mr. Do Xuan Tuyen - Deputy Minister of Health recognized, highly appreciated and enthusiastically praised the achievements that Traphaco Joint Stock Company achieved, contributing to the success of health sector in particular, and the mission of protecting and taking care of Vietnamese people's health in general. Traphaco's relentless efforts have been confirmed by the people's trust and love, recognized by the Party and State leaders and awarded the noble title of Labor Hero in the renovation period, receiving the First Class Labor Medal twice; along with many noble domestic and international awards, such as: Asia's Corporates Excellent and Sustainable; National Quality Gold Award, Asia Pacific International Quality Award; 6 times in a row achieve National Brand, 2 times receive TOP 10 Vietnamese Gold Star and 4 times in TOP 10 Vietnam Sustainable Development Enterprises CSI; Top 40 most valuable brands in Vietnam (voted by Forbes).
Aware of the role of a leading pharmaceutical enterprise, Traphaco bravely restructured its business to adapt to the new era of "Maintaining the First position in Oriental Medicine – Focus developing on Non Herbal Medicine". With a team of good human resources, a synchronous laboratory system and a smart modern medicine factory, Traphaco will further promote investment in the field of high-quality Western medicines through improving R&D capacity; enhance technology transfer; upgrading production line standards, increasing the search and exploitation of products from foreign partners to diversify the product portfolio, focusing on key treatment groups in Vietnam, contributing to the development of the country's pharmaceutical industry.
Some pictures from the ceremony:

Vice President Vo Thi Anh Xuan awarded the second-class Labor Medal to Mr. Tran Tuc Ma - Secretary of the Party Committee, CEO of the company

Vice President Vo Thi Anh Xuan awarded the Third Class Labor Medal to Ms. Tran Thi Anh Phuong - President of the Company's Trade Union

Vice President Vo Thi Anh Xuan presents a photo of President Ho Chi Minh to Mr. Chung Ji Kwang - Chairman of the Board of Directors

Member of the Party Central Committee, Chairman of the Committee for Management of State Capital at Enterprises Nguyen Hoang Anh presents flowers to congratulate Traphaco Joint Stock Company