The trip offered a plethora of engaging experiences, serving as an ideal opportunity for team members to interact, meet, and form stronger bonds. DCL pays special attention to group activities, focusing on the rights and spiritual life of all its employees. Alongside fostering a positive work environment and ensuring fair compensation, DCL consistently organizes annual teambuilding activities aimed at enhancing team unity and thereby cultivating a corporate culture that embodies the essence of one of Vietnam’s leading pharmaceutical companies.

“Better Together” aptly captures the spirit that permeated DCL’s 2024 teambuilding initiative.

Team spirit, resilience, and tactical intelligence were fully displayed through a series of games: ‘Joining Hands’, ‘No Retreat’, ‘Overcoming Challenges’, and ‘Final Checkpoint’. These games, custom-designed around specific themes, aimed to boost cooperation and mutual support, leading all participants towards their goals.

“Nothing is too difficult when we all unite and collaborate to achieve our desired objectives. Through these games, core values such as Integrity, Desire to Win, Flawless Execution, Continuous Improvement, and Compliance were vividly demonstrated, thus igniting the ‘Better Together’ spirit,” shared Minh Nhat, a member of the organizing committee.

These moments of fun and laughter make employees feel more affectionate and connected to their company.

With a vision for sustainable development and promoting harmonious growth between the company and society, DCL has over the years not only provided a safe, civilized workplace but also offered excellent welfare policies, taking care of both the material and spiritual well-being of employees. The company continuously focuses on building a corporate culture based on core values, recognizing the contributions of its workers by creating the best possible working environment, and gathering professional, elite personnel so that every employee feels proud and happy to be a part of DCL.

The “International Supply Chain Connectivity” event series is an initiative to actively implement the project “Promoting Vietnamese Enterprises to Participate Directly in Foreign Distribution Networks by 2030,” which was approved by the Prime Minister under Decision No. 1415/QD-TTg dated November 14, 2022. The Ministry of Industry and Trade assigned the European – American Market Department to coordinate with relevant agencies and units to organize the event. This event is a great opportunity to connect reputable global distributors and importers with Vietnamese manufacturers and exporters.

Westfood’s booth at the “International Supply Chain Connectivity” Exhibition 2024

This year, the event series gathered 600 Vietnamese enterprises with various activities such as the “International Supply Chain Connectivity” export forum, specialized seminars on agricultural products, food, textiles, and furniture.

The event witnessed the participation of major global distribution corporations such as Aeon, Uniqlo (Japan), Walmart, Amazon, Safeway (USA), Carrefour, Decathlon (France), Falabella (Chile), Coppel (Mexico), Central Group (Thailand), Lotte (Korea), Miniso (China), IKEA (Sweden), and LuLu (UAE).

Speaking at the ceremony, Mr. Nguyen Van Dung – Vice Chairman of the Ho Chi Minh City People’s Committee shared: “Ho Chi Minh City will focus on organizing and implementing many export promotion activities targeting key markets and new potential markets, supporting domestic enterprises to effectively take advantage of import tax policies from free trade agreements, especially new generation free trade agreements like CPTPP, EVFTA… to expand export markets.”

Westfood’s booth at the exhibition received much attention from international friends

Among more than 10,000 export-standard products at the exhibition, Westfood’s products were highly appreciated for their quality, making a strong impression on both domestic and international visitors, attracting a large number of interests and welcoming thousands of visitors to the booth throughout the 3-day event.

Vietnam International Sourcing 2024 is a good opportunity for Westfood to approach, meet, and connect with over 200 professional international purchasing channels both directly and online. The conferences and specialized seminars that the Westfood team attended at the exhibition provided effective information on the needs and tastes of consumers in different countries; the requirements and regulations of foreign distribution corporations, thereby laying the groundwork for the Company to develop an effective market strategy for large export markets in Asia, Europe, America, and Africa.

Westfood embraces special opportunities after the Vietnam International Sourcing 2024 exhibition

Westfood currently has outstanding advantages to expand the global agricultural export market. With a source of fresh and clean raw materials, modern machinery systems, and strong investment in product research and development, along with European-standard processing procedures, Westfood is confident in approaching major agricultural import markets, even those with high food standards, thereby increasingly affirming the position of Vietnamese agricultural products on the international stage.

Khanh Hoa Mineral Water Joint Stock Company has officially initiated an inspiring outdoor media campaign featuring two main formats: bus advertising and LED screen ads. With a continuous and prominent presence, these creative advertising mediums not only capture attention but also forge a strong connection within the community. The elegant combination of bustling buses across the streets and vibrant LED screens solidifies the Vikoda and Dan Thanh brand recognition in the hearts of consumers. Additionally, the campaign reflects the company’s strong commitment to achieving communication and business goals and positively contributes to fostering healthy product usage habits in the community.

Bus Advertising Campaign for Vikoda and Dan Thanh Brands

During the bus advertising campaign, 21 buses adorned with the vibrant images of the natural alkaline water brand Vikoda and the carbonated mineral water Dan Thanh traversed through five provinces: Quang Nam, Da Nang, Khanh Hoa, Phu Yen, and Dak Lak. Wherever the convoy went, it made a significant impact, attracting public attention with its eye-catching appearance and meaningful slogans: “Pristine as a gemstone” and “Delicious flavor from the gemstone”. The campaign, which started in May 2024 and is expected to end in December 2024, promises to bring positive effects at each location it reaches.

Bus Advertising Campaign for Vikoda and Dan Thanh Brands

In the LED screen advertising campaign, the brands of Khanh Hoa Mineral Water Joint Stock Company aired brand promotional TVCs at Con Market, Da Nang; the City Conference Center, and the April 2 Square in Nha Trang. These venues, bustling with residents and tourists, have a high demand for water and FMCG products. The campaign duration is three months, from May 2024 to August 2024, targeting the hot summer season when water, especially health-beneficial water products, becomes essential for every consumer.

LED Screens Featuring Khanh Hoa Mineral Water Company’s Products at Nha Trang City Conference Center

Although only in its first month, both campaigns have already achieved certain effects, laying the groundwork for future outdoor advertising activities. As a result, the recognition of Vikoda and Dan Thanh brands has increased at the campaign sites, along with a rise in product consumption. The program also strongly encourages distributors, agents, retail points, and the sales team to expand their business network, promoting outstanding revenue commitments.

Vikoda – Dan Thanh Advertising at Con Market, Da Nang

The success of the campaign is not only due to the strategies and methods employed but also the quality of the products. With 34 years of establishment and development, Khanh Hoa Mineral Water Joint Stock Company has established itself as a leading natural alkaline water brand in Vietnam. Distinct from other products on the market, the company’s natural alkaline water is extracted from 220 meters underground, with a source temperature reaching 72 degrees Celsius, and bottled directly at the source in accordance with the Ministry of Health regulations. With an ideal alkaline pH of 9.0, 100% natural, and enriched with essential minerals, the product helps neutralize excess stomach acid and actively supports the digestive system, restoring the body to a naturally healthy state. Thanks to these health benefits, the company’s brands have become trusted products for many consumers nationwide. Consequently, Vikoda and Dan Thanh are now welcomed in almost all provinces across the country with over 1,000 distribution partners, including 173 supermarkets, 3,600 convenience stores, 50 luxury resorts, more than 70 four and five-star hotels, and reputable e-commerce platforms offering the company’s products daily.

With a vision to become a leading provider of superior health care products and services and a hub for talented individuals honored by society, the Vikoda and Dan Thanh brands will continue practical promotional campaigns to increase customer awareness and usage of the company’s quality, health-beneficial products, thereby fostering a trend of healthy consumption within the community.

Advantages of TERO Bio Detergent

TERO Bio Detergent employs advanced technology with enzymes to effectively clean. These enzymes work by breaking down stains into smaller parts, making them easy to remove from fabric surfaces. Specifically, it uses two common types of enzymes: Protease, which breaks down stains from sweat, grass sap, milk, eggs, and blood; and Amylase, which breaks down starch and related substances. This mechanism ensures the detergent is gentle on fabrics while still being highly effective.

Trusted by Families with Young Children

By sourcing enzymes from Europe and combining them with other organic ingredients, TERO Bio Detergent is safe for both children’s skin and their overall health. It reduces the occurrence of dry hands and is ideal for hand washing or cleaning children’s plush toys.

Additionally, the multi-enzyme bio detergent extends the life of washing machines by not containing chemicals that cause rust, making it an environmentally friendly choice in line with the growing trend of green consumerism.

Why Mothers Should Choose TERO Bio Detergent for Their Family

TERO Bio Detergent is recommended by many experts, especially for households with young children in Vietnam, thanks to its benign origin. Utilizing multi-enzyme biotechnology and a formula that contains 78% natural ingredients, TERO Bio Detergent not only cleans fabrics but also protects colors and softens the fabric without irritating the skin. It is safe for both top-loading and front-loading washing machines.

With the presence of Glycerin, TERO Bio Detergent not only cleans but also maintains moisture in the skin, preventing dryness and keeping the skin soft and smooth. Available in a variety of fragrances like Magnolia & Dianthus, Cedar & Lavender, and Powder & Amber, Today Cosmetics’ detergent leaves a fresh scent, keeping clothes pleasantly fragrant all day long.

TERO Bio Detergent – “Gently Clean and Soft”

With a mission to “Enhance the quality of life with superior products & services,” Today Cosmetics continuously strives to provide consumers with high-quality, health-safe products. TERO Bio Detergent, with its superior formula, is a testament to this commitment. As the brand’s slogan goes, “Gently Clean and Soft,” TERO Bio Detergent is indeed a trusted product in every household, not only providing a deep clean but also maintaining the quality of the fabrics and being gentle on the skin, suitable for both hand and machine wash. In the future, alongside TERO bio detergent, Today Cosmetics will continue to improve and develop a diverse range of superior quality, safe, and naturally sourced products, inspiring a modern, green lifestyle for all Vietnamese consumers.

Vikoda, a leading brand in the natural alkaline mineral water industry, has been meeting the increasing health demands of the community by offering comprehensive solutions through its products and practical communication campaigns. Notably, the science video series produced by Vikoda in 2024 not only imparts deep knowledge about comprehensive health care through the use of water but also focuses on the unique benefits of natural alkaline mineral water.
The series includes 11 episodes, broadcasted monthly on Vikoda’s digital media channels, providing viewers with objective information on the utility and effective use of alkaline mineral water in daily life. Each video episode is designed to be concise and easy to understand, featuring vibrant illustrations and insights from reputable experts.

Episode 02: Miss Water 5 Stars
Following the highly positive reception of the first episode, Vikoda continues with Episode 02 under the exciting theme: “Miss Water 5 Stars.” Set against the backdrop of a beauty pageant among various types of water, Episode 02 shares the evaluation criteria for water sources such as: cleanliness, origin, alkalinity, pH level, mineral supplementation capacity, and health support capabilities. This allows consumers to compare and choose among the available water sources on the market.
In the latest episode, dynamic graphics and an engaging narrative continue to be the highlights of Vikoda’s scientific video series. The scientific knowledge is presented in an appealing, understandable, and creative manner through five intense competition rounds among the water sources.

Five intense competition rounds among water sources

1. Round 01: Testing the cleanliness and origin of the water
First and foremost, a good water source must ensure cleanliness and hygiene. To assess water cleanliness, experts rely on criteria such as: the water must be colorless and transparent; free of strange or disinfectant odors; not turbid or contain bacteria; and must have a clear, quality-assured origin. Through rigorous evaluation, the water sources deemed clean on the market today include natural mineral water, natural alkaline mineral water, and synthetic alkaline water.

Top 3 clean water sources

2. Round 02: Alkalinity Challenge
Clean water alone is not enough; according to experts, water must also help improve digestion, balance excess acids in the body, and aid in curing certain diseases due to its high alkalinity. Vikoda’s natural alkaline mineral water excels over its competitors in alkalinity as it is sourced from the naturally alkaline Danh Thanh mineral spring, extracted from a depth of 220 meters below Hon Chuong mountain and at a tap temperature of 72 degrees Celsius, absorbing precious minerals through geological layers, boasting a high Metasilicic Acid content with special pharmacological value.

Nutrients in Vikoda’s Natural Alkaline Mineral Water

Regarding pH levels, natural alkaline mineral water from Vikoda also shows superior indices compared to other water products. While natural mineral water has unstable pH levels depending on natural minerals, or synthetic alkaline water only turns litmus paper blue for a certain period, Vikoda maintains a perfect pH of 9.0, despite external environmental impacts.

Vikoda’s Natural Alkaline Mineral Water maintains a perfect pH of 9.0

3. Round 03: Mineral Supplementation Ability
The amount of minerals that water provides to the body is also a concern for industry experts and consumers. Compared to synthetic alkaline water, which can lead to mineral deficiencies if used excessively due to confusion between high pH and actual mineral content, Vikoda’s natural alkaline mineral water, with an ideal pH of 9.0, delivers a daily dose of precious, naturally sourced minerals.

4. Round 04: Health Support Capability: Antioxidant and TDS
Moreover, Vikoda’s natural alkaline water also excels in supporting health through antioxidant properties and a high TDS content. Research shows that bodies with high oxidative substances are prone to aging and health issues. Drinking water from a source with a high oxidation index accelerates the oxidation process. Thus, supplementing with water from a natural alkaline mineral source like Vikoda, which has a high antioxidant ORP of -100mV, helps detoxify the body, slow down aging, and maintain complete health.
Additionally, the function of water includes its Total Dissolved Solids (TDS) index, used to measure the amount of dissolved solids in water. Accordingly, the TDS of Vikoda’s Natural Alkaline Mineral Water, containing precious minerals from the Danh Thanh alkaline mineral source, benefits human health.

Vikoda’s Natural Alkaline Mineral Water contains an ideal TDS range: 100 – 400 mg/liter

5. Round 05: Nutrient Transmission Capability
Furthermore, Vikoda’s ability to transmit nutrients is also highly regarded by experts. With the small size of its molecules, Vikoda’s natural alkaline mineral water can easily permeate cell and body tissue membranes, helping to transport nutrients and eliminate waste.
After five rounds of rigorous testing and assessment, natural alkaline mineral water from Vikoda has been trusted by professionals and consumers alike, earning the title “Miss Water 5 Stars”. Vikoda’s champion water encompasses the best qualities of a water source: colorless, odorless, and clear water without turbidity or bacteria; a perfect pH of 9.0 that helps balance the body; outstanding mineral supplementation, antioxidant capacity, and superior TDS levels that help detoxify the body; and remarkable nutrient transmission capabilities.

Natural alkaline mineral water from Vikoda surpasses stringent evaluations to become “Miss Water 5 Stars”

With these inherent advantages, Vikoda commits to providing superior health care products, helping to restore the body to a natural state of balance. Moreover, the communication activities through the scientific video series will continue to be vigorously promoted by Vikoda, aiming to guide consumers on how to effectively and fully use natural alkaline mineral water. The topics in this video series promise to bring new and useful knowledge about water from Vikoda’s experts.

During the meeting, the AGM addressed and approved various reports and proposals, including the Board of Directors and Auditors’ reports; audited financial statements for 2023; the profit distribution plan for 2023 and business plan for 2024; remuneration for the Board of Directors and Auditors for 2023, and the payment plan for 2024.

The AGM of Khanh Hoa Mineral Water Corporation took place on April 26, 2024

In the session, the AGM also approved the dismissal and subsequent election of a new board member for the term 2021-2025: Mr. Nguyen Ngoc Bich was dismissed, and Ms. Nguyen Ngoc Mai was elected as a board member with a 100% approval rate from the voting shareholders.

In 2023, Khanh Hoa Mineral Water Corporation achieved significant milestones, with sales revenue reaching 192.76 billion VND, and pre-tax and post-tax profits at 8.85 billion VND and 7 billion VND, respectively. For 2024, the company aims to achieve a revenue of 243,349,548,680 VND and a pre-tax profit of 11,801,543,425 VND.

The AGM was held in-person in Hanoi

Leveraging the unique natural alkaline mineral water source of Danh Thanh with a natural pH of 9.0, the only one in the country, Khanh Hoa Mineral Water Corporation has vigorously engaged in brand activation activities to enhance brand recognition among consumers. The company’s products have been well received across the country, distributed through over 1,000 partners including 173 supermarkets, 3,600 convenience stores, 50 high-end resorts, over 70 four and five-star hotels, and leading e-commerce platforms.

For 2024, the company plans to focus on improving and diversifying its product lines, intensifying branding activities, and expanding its distribution channels and customer network. The flagship brands of the company – Danh Thanh carbonated mineral water, Vikoda natural alkaline mineral water, and Sumo energy mineral water – will continue to offer consumers superior health care solutions, drawing from the essence of nature.

During the meeting, shareholders approved reports from the Board of Directors, Supervisory Board, and Executive Management Team. Items passed included the audited financial statements for 2023, the profit distribution plan for 2023, and the business plan for 2024. Approvals were also granted for the remuneration of the Board and Supervisory Board for 2023 and their pay plan for 2024, along with contracts that generated revenue and costs involving related parties.

In this session, the AGM confirmed the candidate list and conducted elections for the Board of Directors and Supervisory Board members for the new term, 2024-2029, starting from April 25, 2024. The elections were held via secret ballot. Elected members include Mr. Nguyen Trong Thanh, Ms. Nguyen Thi Minh Nguyet, Ms. Vo Thi Hong Tham, and Mr. Le Viet Cuong as Board members; Mr. Nguyen Tuan Tu as an independent Board member; and new Supervisory Board members Mr. Nguyen Anh Tuan, Ms. Pham Thi Thuong, and Ms. Truong Thi Van.

The members of the Board of Directors and the Supervisory Board of TSC for the term 2024 – 2029.

Despite recent economic difficulties and stock market instability, TSC has maintained and incrementally improved its production and business operations. In 2023, the company saw a substantial increase in after-tax profits, over 75% higher than in 2022. In the food processing sector, products such as canned lotus seeds and fruits from Westfood continued to be produced and sold steadily. Additionally, Westfood has begun to penetrate the vast Chinese market, promising a bright future for the export of tropical fruits. The company is also aggressively advancing the expansion of raw material areas and the Westfood Hau Giang Factory project, which aims to produce 30,000 tons of finished products per year. The groundbreaking ceremony for the factory took place in September 2023, with operations expected to start in the first quarter of 2024, creating jobs for thousands.

The 2024 AGM of TSC was conducted professionally and successfully

With this growth trajectory, the company’s leadership believes that business results in 2024 will continue to improve and that TSC stock prices will show signs of recovery, providing positive value to shareholders. The 2024 Business Plan was also approved during the meeting, targeting a 40.74% increase in sales and service revenue compared to 2023, reaching 672.085 billion VND, and after-tax profits expected to surpass 22.465 billion VND by 300.58%.

In 2024, TSC is committed to further enhancing its growth and extending its range of standout products, broadening brand recognition among consumers. The company’s key tasks include closely monitoring the market, implementing flexible solutions, and responding promptly to the volatile and challenging economic landscape. High-performing and potential sectors such as bottled water, cosmetics, and processed foods for domestic consumption and export will continue to be the focus. Additionally, TSC is committed to upholding its environmental and community responsibilities by ensuring occupational safety and environmental hygiene in its factories. The Westfood Hau Giang Factory project will be closely monitored and coordinated with Westfood to ensure timely investment. Moving beyond 2024, the management remains determined to lead TSC and its subsidiaries on a path of sustainable and efficient development.

The Vikoda Club, established in 2022, serves as a gathering point for the brand’s distributors and agents. Over two years, the club has fostered a strong bond and business growth between the company and its members through various appreciative activities. Among these, the trips organized by Vikoda for outstanding club members, along with attractive gifts to honor their significant contributions, stand out.

The distinguished distributors and agents of Vikoda Club visit famous sites in Dubai and Abu Dhabi.

In 2024, the seven-day trip to Dubai and Abu Dhabi was an unforgettable experience for those who met their 2023 sales goals. Participants visited world-renowned sites including the Burj Khalifa, the tallest building globally; enjoyed a Desert BBQ tour; explored the Palm Islands, known as the “Eighth Wonder of the World”; visited the Sheikh Zayed Mosque; and toured the Museum of the Future. The journey concluded with a yacht experience at the Sea State Of Mind, adding excitement and enjoyment for everyone involved.

The yacht trip at Sea State Of Mind made a significant impression on the members of the Vikoda Club.

The highlight of the trip was the Gala Dinner on May 11, 2024, which professionally and grandly honored the top-selling distributors and agents of 2023, including Lan Lac, Van Lang, and Hoa Mai distributors. This event also served to motivate all members to strive for higher achievements in 2024.

Reflecting on the rewarding journey, a representative from the distributor Triệu Phú stated, “The journey in Dubai – Abu Dhabi concluded with a cozy Gala Dinner. We are grateful to the leadership of Vikoda for initiating and facilitating a fun and memorable trip. With the youthful enthusiasm, we hope that our CEO Nguyễn Thị Nga and the management will continue to drive Vikoda’s growth. We wish for happiness and success in business for all of us.”

The meaningful Gala Dinner honored the outstanding distributors and agents in the Vikoda Club.

As Vikoda moves into 2024, it has set significant goals for its distributors and agents, including achieving the OGSM 2024 revenue; expanding the distribution coverage of Vikoda products in both the northern and southern markets across all channels; and ensuring that at least 33 distributors qualify for the 2024 tour in China. These objectives are designed to inspire every club member to excel in the new business phase.

Having established itself over 34 years, Vikoda has confirmed its position as a leading brand of natural alkaline mineral water in Vietnam. Sourced from 220 meters underground at a temperature of 72 degrees Celsius and bottled directly at the source as per the Ministry of Health’s regulations, Vikoda’s ideally alkaline water with a pH of 9.0 and its mineral content naturally help neutralize excess stomach acid, supporting the digestive system and restoring the body’s natural balance. Thanks to its health benefits, Vikoda is trusted by numerous consumers across the country. The company’s products are now available in most provinces, with over 1,000 partners across distribution channels, including 173 supermarkets, 3,600 convenience stores, 50 high-end resorts, over 70 four and five-star hotels, and reputable e-commerce platforms, serving customers daily.

The distinguished distributors and agents of the Vikoda Club are determined to meet their business targets for 2024.

With a vision to become a leading provider of superior health care products and services and a hub for talent recognized by society, Vikoda will continue its activities to honor and motivate distributors and agents, encouraging them to achieve business success and contribute to the company’s broader objectives.

During the meeting, the AGM reviewed and approved the annual reports from the Board of Directors, the Executive Management Team, and the Supervisory Board for 2023, and discussed plans for 2024. The shareholders ratified the profit distribution for 2023, the financial statements for the same year, selected the auditing firm for 2024, and approved the remuneration reports for 2023 and plans for 2024 for board members and the supervisory board, among other authoritative documents.

Despite a challenging economic landscape in 2023, DCL remained committed to its strategic goals as per the OGSM framework, continuously innovating its product lines and investing in infrastructure and employee development. The audited consolidated financial statement for 2023 reported an increase in total assets from VND 2.105 trillion to over VND 2.277 trillion and a rise in shareholders’ equity from over VND 1.391 trillion to more than VND 1.450 trillion.

The year 2023 also marked significant recognitions for DCL, including being named among the Top 10 Leading Brands in Vietnam, earning a Top 10 spot for its Cefixime brand in product quality, and being listed among the Top 10 Best Workplaces in Vietnam within the Pharmaceutical and Medical Equipment sector.

During the AGM, there were also changes in the company’s leadership, with the dismissal and election of several board members and supervisory board members. Nguyen Ngoc Bich and Tuong Thi Thu Hanh were relieved from the Board of Directors, and Le Thi Thuong from the Supervisory Board. New elections were held, appointing Nguyen Ngoc Mai and Pham Van Ngoc to the Board of Directors, and Nguyen Thi Thu Huong to the Supervisory Board.

The AGM also approved the Business Plan for 2024, focusing on key areas:

The Board of Directors will enhance their guidance for the Executive Management Team to carry out key tasks and implement flexible operational strategies that are in line with market conditions. The focus will be on spearheading areas of operation:

Pharmaceuticals: For 2024, DCL plans to initiate projects like the “EU-GMP Standard Non-betalactam Factory Upgrade in Vinh Long” and the “FDA Standard Capsule Factory Upgrade.” The company aims to collaborate with international partners on a “Functional Food Production and Marketing” project and will proceed with the detailed assessment for the “EU-GMP Standard Pharmaceutical Factory” project in Long An province. This project, representing an investment of VND 1,035 billion over 50,000 m2, is expected to produce 1.6 billion pharmaceutical products annually once operational.

Medical Equipment Manufacturing, DCL is expanding its medical equipment manufacturing facilities in Vinh Long with an investment of approximately USD 15 million over 10,846.6 m2, planned in two phases. The first phase will have a capacity of 35 million products per month, and the second phase will support 20 million products per month. The factory is scheduled to be operational in Q3 2024, positioning DCL as a leader in pharmaceutical and medical equipment manufacturing in Vietnam.

Empty Capsule Production, in response to increasing demand in the pharmaceutical and functional food sectors, DCL is investing in the fifth expansion phase of its Capsule Plant. With an investment of VND 232.5 billion and a capacity of 2.8 billion capsules per year, the plant is expected to start operations in Q2 2024.

At the meeting, Mr. Luong Trong Hai, CEO of DCL, congratulated the success of the 2024 AGM. He highlighted the company’s proactive, stable, and adaptable approach amid economic challenges in 2023. He praised the collective achievements of the management team and staff, expressing optimism that in 2024, DCL would continue to excel in its business operations, striving to realize its vision of becoming the most highly-regarded pharmaceutical company in Vietnam, appreciated by patients, partners, and employees through innovative, accessible, and top-quality products and services.

The award is rotated annually among Southeast Asian countries, evaluated by the Asian Business Development Research Center in collaboration with various national and international organizations. It is based on international quality standards for enterprises with industry-leading brands, products, and services that are highly regarded by investors, partners, and consumers in the ASEAN market.

The “Strong ASEAN Brand 2024” announcement was made in Singapore, aiming to recognize and celebrate the contributions of businesses, encouraging them towards values of innovation, continuous improvement, and sustainable brand development. This event also promotes economic relations between Vietnam, Singapore, and the ASEAN region, enhancing trust among partners and customers in the area.

DCL excelled against stringent evaluation criteria to be recognized among the Top 50 Strong ASEAN Brands. This award acknowledges DCL’s significant strides in enhancing its competitive capabilities, progressively integrating into the international market, and affirming the trust in the high-quality products and services that DCL offers to its customers and partners.

Mr. Nghiêm Xuân Trường, Deputy General Manager of DCL, received the award.

At the ceremony, Mr. Trường stated, “The Top 50 Strong ASEAN Brands award reaffirms the trust of customers, partners, and investors in our company, and it solidifies DCL’s position and brand in the Vietnamese and Southeast Asian markets. This is a moment of joy and pride for DCL ahead of our Annual General Meeting scheduled for April 25, 2024.”

Currently, DCL operates four factories, including two pharmaceutical plants compliant with WHO GMP standards, one medical equipment manufacturing facility, and one facility producing Vicancap empty hard capsules. DCL is the only unit in Vietnam that manufactures and supplies various types of capsules. All factories operate at full capacity with advanced technology imported from Canada and South Korea.

According to the audited consolidated financial report of 2023, by the end of the year, DCL’s total assets increased from 2.105 trillion VND to over 2.277 trillion VND; shareholder equity rose from over 1.391 trillion VND to over 1.450 trillion VND. These results reflect the efforts of DCL’s leadership and all employees amidst the gloomy economic landscape of 2023.

In addition to the Top 50 Strong ASEAN Brands award, over the years, DCL has also received numerous prestigious awards such as the Second-Class Labor Medal awarded by the President of the Socialist Republic of Vietnam in 2011; the Vietnamese Medicine Star Award in 2015; and being recognized among the Top 10 Famous Brands and Labels in 2017, 2022, and 2023. These achievements are a testament to DCL’s unwavering efforts to become the most highly regarded pharmaceutical company in Vietnam by patients, partners, and employees through innovative, accessible, and excellent products and services.