"In business, Yen Bai Pharmaceutical Company (YPHARCO) has gone through ups and downs, but thanks to the heart of the physician, and with prestige among its customers and partners, YPHARCO believes that it will continue to stand firmly and grow further," said Pharmacist Hoang Thi Binh, Director cum Chairwoman of the company.
YPHARCO has focused on the development of herbal medicinal products based on available products. At the same time, the company is actively working on new products which have high efficiency in treatment.
Core strengths
Traditional products which have made the brand of YPHARCO include cold medicines such as Cam Xuyen Huong and Huong Lien Hoan. So far, the company has over 40 products such as Bo Phe Tieu Dom, Bo Ty, H/ tien yba, Phu Huyet Khang, Giai Cam, Trita yba, Dai Trang Hoan, Hoat Huyet Duong Nao. In particular, the company is also strongly linked to prestigious distributors of manufactured products carrying YPHARCO brand to quickly come to customers.
In order to gain mastery of the material, the company has been actively associating with the Eastern Medical Council of Yen Bai province to implement the growing and purchasing programme of pharmaceuticals for farmers to create more jobs and increase incomes for workers as well as contribute to the restructuring of crops in the area under to the guidelines of the State.
Modernisation of technology for success
Thanks to the plant with GMP - WHO standards with modern production lines, YPHARCO produced goods of good quality, high medicinal value, beautiful packaging, and consumer trust. The total revenue in 2013 reached nearly VND170 billion, an increase of 7 percent over the same period in 2012. The company fulfilled its obligations to the state budget; employee's average monthly income reached over VND4.3 million; expected dividend reached 17 percent a year. The company focuses on the full implementation of policies for employees such as insurance, labour protection, salary raise.
In recent years, thanks to efforts to overcome all challenges, YPHARCO has received many prizes, in particular, the Gold Cup for Safe Pharmacy Brand, Gold Medal at Medippharm – EYPO for Cam Xuyen Huong product, Gold Award for the Quality of Vietnam, National Silver Quality for 4 consecutive years, Gold Trophy in International Economic Integration, Top 100 brands in Vietnam honoured by Vietnamese brand magazine – the Union of Vietnam Science and Technology. In addition, the company received several other awards at all levels.
Entering 2014, YPHARCO sets tasks and specific solutions in order to implement the targets set by shareholders’ meeting, make growth in revenue and profit, fulfil its obligations to the state, improve the lives of employees, create value -added benefits to shareholders and make a good political task which is to stabilise the market supply of medicine, along with the health sector to perform well the task of protecting and caring for people’s health.
LH
Vietnamese
