The Asia Pacific Enterprise Awards - APEA 2023 Ceremony was held on on October 5, 2023 in Ho Chi Minh City. In this event, Vietnam Pharmaceutical Corporation (Vinapharm) was honored with the Corporate Excellence Award 2023.
Ms. Han Thi Khanh Vinh – Vinapham General Director receiving the Corporate Excellence Award 2023
Asia Pacific Enterprise Awards honors businesses and entrepreneurs with outstanding achievements and sustainable contributions to the community. The award is presented by Enterprise Asia – a leading non-governmental organization in business doing, takes place annually across 18 countries and markets in Asia. In Vietnam, the award attracts more than hundreds of businesses to participate each year. To earn an APEA award, businesses and leaders must demonstrate outstanding achievements in key areas such as revenue growth, product and service development, management quality, innovation, and creative thinking, and contribution to the community.
Corporate Excellence Award 2023 is a valuable recognition and affirmation of Vinapharm's efforts and contributions in Vietnam’s pharmaceutical industry. At the same time, it becomes a motivation for Vinapharm to continue its journey of creating sustainable values, contributing and accompanying meaningful social responsibility activities.Corporate Excellence Award 2023 is a valuable recognition and affirmation of Vinapharm's efforts and contributions in Vietnam’s pharmaceutical industry. At the same time, it becomes a motivation for Vinapharm to continue its journey of creating sustainable values, contributing and accompanying meaningful social responsibility activities.
Vinapharm receiving the Corporate Excellence Award 2023
Vinapharm's establishment and development over the past 50 years is in tandem with the historical milestones of the Vietnamese people as well as upheavals, difficulties and challenges from the global economic and political situation. In that context, Vinapharm has constantly changed to adapt and keep up with socio-economic developments in the country and around the world, while contributing significantly to the care and protection of Vietnamese people’s health.
Vinapharm's sustainable development over the past 50 years cannot detach from its effective human resource management. Vinapharm's Board of Directors focuses on building and developing corporate culture, considering this the core of corporate development, putting people as the center to promote the "power in connection", "sustainable development" and "community oriented".
Not only proactively participating in the pandemic prevention and control under the direction of the Ministry of Health of Vietnam, Vinapharm also actively participates in social activities for the community, charity works, and assistance for people in difficult circumstances.
Regarding business results in the first six months of 2023, the mid-year reviewed consolidated financial statements shows that Vinapharm achieves VND 2,729 billion in total revenue and VND 284 billion in earnings before tax, respectively increasing by 8% and 483.7% over the same period in 2022, completing 85% of the earnings before tax target.