Pymepharco: Sustainable Development on Three Pillars: Business, Environment and Society

During its 30-year development history (1989-2019), persistently performing its mission “For the health of the Vietnamese forever”, Pymepharco has affirmed its leadership in Vietnam's pharmaceutical industry. The good foundation and core elements that have enabled Pymepharco to develop sustainably during the past 30 years are superior product quality to ensure customer and consumer satisfaction; corporate culture; regulatory compliance and environmental protection; health care and welfare for employees; and contributions to social security and community.

Sustainable development on quality platform

Among hundreds of pharmaceutical manufacturers across the country, Pymepharco has emerged as a pioneer in fulfilling its mission of supplying the community with high quality, effective and safe products. Knowing that product quality will build customer trust and help it grow sustainably, Pymepharco has diligently researched and applied innovative techniques and technologies; upgraded and developed new products with high scientific and technological content, increased functionality, characteristics and convenience of products by combining various drug ingredients with many dosage forms. The company has also actively invested in EU-GMP good manufacturing practice standards for Cephalosporin pill and sterile factories and continue to adopt new technologies for other lines.

Thanks to intensive investment in quality, Pymepharco’s pharmaceuticals are increasingly trusted by customers across the country. The company has been transformed from a small pharmaceutical company into a leading pharmaceutical manufacturer in Vietnam and the region with an EU-GMP-standard pharmaceutical factory system and a 20-branch distribution system nationwide. More proudly, “made in Vietnam” products of Phu Yen province have reached the international market and are available in many countries and territories such as Hong Kong, Malaysia, the Philippines, Germany and France.

Persisting in sustainable development goals, on its 30th anniversary, Pymepharco inaugurated and put into operation the EU-GMP standard PME II Pharmaceutical Plant, costing nearly VND800 billion and covering ​​30,000 square meters, which can produce 1.2 billion tablets a year. This facility is a milestone marking a new and remarkable development stage of Pymepharco. In the coming time, the company will continue to take the lead in pharmaceutical production, further apply new science and technology to production, improve product quality, and actively join with the Ministry of Health and the Vietnamese pharmaceutical industry to better care for people's health. At the same time, Pymepharco will continue to maintain and promote the Europe-standard quality system, research and launch new-generation medicines, apply the most advanced technology in the world to catch up with the world in the Industry 4.0 era, and make an important contribution to the prosperous growth of Phu Yen province in the present and in the future, as well to the cause of national industrialization and modernization.

Always put community interests at top priority

As a prestigious pharmaceutical brand in Vietnam, during 30 years of development, Pymepharco has always complied with the law, constantly developed effective business operations and markets, and fulfilled all obligations to the State budget, grown sales and expanded markets.

To sustain its development, Pymepharco is also passionate to build a characteristic corporate culture and always takes care of employees with the best benefits besides State mandatory policies. Accordingly, all employees are entitled to all benefits, insurance, health care and welfare for employees under the law, with actual benefits even higher than regulatory rates. In addition, the company has also built a canteen for employees to enjoy meals between shifts of production workers. Pymepharco provides periodic health examinations, sightseeing tours and vacations, and opens professional and skills training courses for them. Pymepharco also subsidizes union members and employees living in hardship; motivates them to actively participate in emulation movements and charitable social activities.

Defining that business development is associated with social responsibility and for community happiness, Pymepharco is always at the forefront of charitable social activities in the locality and donates billions of Vietnamese dong to these activities every year. In addition to actively financing gratitude funds, funds for the poor, and funds for support of agent orange/dioxin victims, Pymepharco also enthusiastically takes part in charitable programs launched by mass and social organizations to help people living in hardship in the community. Pymepharco sponsors annual major cultural and sports programs in the province such as the Youth Football Championship of VTV Phu Yen, the Phu Yen Newspaper Field Tournament, and the Tatanol Football League Cup of Business Youth Union.

With a sustainable business strategy and a principle of operation that always puts community interests first, Pymepharco deserves to be a pioneering flag of Vietnam's pharmaceutical industry. Its community activities are more effective and brighter when they match with its dedication to high quality products and aim to build a stronger foundation for a healthier and better society. That is also the reason why Pymepharco has been named among top 100 sustainable businesses in Vietnam for three consecutive years from 2016 to 2018. This achievement is convincing evidence for its sustainable development efforts in Vietnam's pharmaceutical market, not only in terms of business but also in terms of environment and society. This also motivates Pymepharco to move forward, constantly improve its brand reputation, affirm its imprint in the community, and achieve sustainable development goals in the current context of deepening international economic integration.

Cong Luan