Honoring the Leader
In January 2021, Traphaco was awarded major titles and awards in the field of Oriental medicine - Herbal medicine. Specifically, on January 8th, 2021, Traphaco ranked No. 1 reputable oriental pharmaceutical company in 2020, the rankings officially announced by Vietnam Report Joint Stock Company (Vietnam Report).
The ranking of Top 5 reputable traditional medicine companies is built on scientific and objective principles. Companies are assessed and ranked based on 3 main criteria: (1) Financial capacity shown on the most recent financial report; (2) Media reputation is assessed by Media Coding - encoding the company's articles on influential media channels; (3) The stakeholder survey was conducted in October and November 2020.
On January 22, 2021, Traphaco's Cebraton brain tonic continued to be honored as one of the Top 10 Vietnamese Gold Products and Top 10 Vietnamese Brands, announced by the Vietnam Intellectual Property Association.
Traphaco - The most prestigious traditional medicine company in Vietnam in 2020
Strategy for Clean Medicinal Materials, with international standards
MSc. Nguyen Huy Van - Deputy General Director of Traphaco's representative shared: Vietnam is the land of many valuable medicinal plants (over 4000 species), however, medicinal herbs are being developed fragmented without link in production and consumption, not yet mechanized and standardized. The productivity and quality are low, the price is high, so they cannot compete in the market (especially pharmaceuticals imported from China).
Realizing this problem, Traphaco has been at the forefront in cooperating with farmers and ethnic minorities to develop a model of sustainable medicinal cultivation. Traphaco has signed contracts with farmers from providing seeds, providing technical support according to the instructions of GACP-WHO, UEBT, and Organic to purchasing finished products for farmers. Over the years of implementation, up to now, Traphaco has had 05 growing areas following the GACP-WHO standards of the Ministry of Health with over 36,000 hectares providing high quality raw materials for the company. With this medicinal development model, Traphaco has created more than 20,000 workers, over 40% are ethnic minorities with an increased income of 3-5 million VND / household / month, the lives of many households. changed.
Cebraton - Top 10 Vietnamese Gold Products and Top 10 Vietnamese Brands
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Remember, when the Covid-19 pandemic happened, it was also the most obvious test for enterprises: businesses with professional management practices (including risk management) were more likely to stand firm and through tough times with less damage than businesses that lack of corporate governance foundation.
When a pandemic occurs, it is the green value chain and the power of digital transformation that has helped Traphaco firmly overcome: clean raw materials are almost not affected, good production capacity ensures supply of goods, is stable. selling price; along with that, the online sales system was put into operation. The most valuable thing in the season, when consumers have to tighten spending, only for essential goods and trust in reputable brands, Traphaco and its products are still consumers. , customers trust to use. It is the result of both a commitment to quality and efficiency that Traphaco has been cultivating for the past 48 years to customers, the community and the whole society.
Promoting Oriental medicine, increasing ETC
In traditional medicine, science and technology are always the key, guiding the sustainable development strategy of Traphaco. The company has invested in the most modern herbal medicine factory in Vietnam, and produces many drugs with high therapeutic effect.
According to Circular 15/2019 / TT-BYT on drug bidding in public health facilities recently issued by the Ministry of Health, many of Traphaco's medicinal products are classified in group 1, including drugs that satisfy 2 criterias: be produced entirely from medicinal herbs grown, harvested or exploited naturally, which are assessed by the Ministry of Health of Vietnam to meet GACP principles and standards; At the same time, they are entirely manufactured on the drug production line in Vietnam, which is assessed by the Ministry of Health of Vietnam to meet the GMP principles and standards for herbal drugs or traditional drugs.
Satisfying the above two criterias, herbal and traditional medicine products manufactured from medicinal herbs that meet the GACP standards of Traphaco were bid in all 3 groups.
Circular 15 opens up opportunities for products such as Boganic, Ampelop and a range of products that are using GACP medicinal herbs - these are the key products of Traphaco, if winning the bid will bring high expected revenue.
The competition provides a meaningful and creativity-encouraging playground to help Vietnam future generation apply technology into everyday life.
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