VietNamNet Bridge - The Bao Long Medical Group is one of the
two businesses in Vietnam that are honored as the most successful firms in
building trademarks by the Vietnam Intellectual Property Office and the World
Intellectual Property Organization (WIPO).
From a drugstore...
The precursor of Bao Long Medical
Group is the Ngu Long (Five Dragons) Pharmacy, which was established in 1987 in
Ho Chi Minh City by a group of medical and martial arts students trained by
physician and martial-art grandmaster Nguyen Huu Khai.
In the early days, the pharmacy
had five products named after the five elements: Kim Long (metal dragon) to
treat rhinitis, sinusitis, Moc Long (timber dragon) to treat liver and spleen
diseases, Thuy Long (water dragon) to cure kidney disease, Hoa Long (fire
dragon) to treat inflammatory neuropathy, arthritis, and Tho Long
(physignathus) to fortify the spleen and treat children’s diseases. These
products were mainly advertised through medical shows (traveling shows that
offer varied entertainment, between the acts of which medicines are peddled).
In 1989, Herbalist Nguyen Huu
Khai cooperated with the HCM City Police Agency to form the Bao Long Oriental
and Vietnamese Medicine Enterprise. On 15/04/1993, the enterprise became the
Bao Long Oriental and Vietnamese Medicine Co., Ltd.
In the early years, Bao Long was
like a boat floating on the sea of business. Under great pressure and fierce
competition, the company had to change its headquarters 17 times. The company
lost everything several times and then stood up to do business again.
In the late 90s, Bao Long strengthened
and flourished strongly. It opened branches in many countries, such as Russia
and Germany, etc. Dozens of its products were licensed for circulation in the
entire Russian Federation, Lithuania, Ukraine, Czech Republic and others.
Especially, in China, Bao Long was licensed to establish its branches and to
sell its “Thanh Long” product, to treat diabetes.
… to a strong brand of Vietnam
Herbalist Nguyen Huu Khai and his
students have developed the Bao Long Medical Group with 15 companies, schools, hospitals,
etc., creating jobs for thousands of workers. The group now has a campus of
nearly six hectares, with spacious workshops and a lot of trees.
For active supply of clean and
quality materials for pharmaceutical production, Bao Long has taken over and
restored the herbal farm in Sin Ho plateau of Lai Chau province, with an
elevation of more than 1500m above sea level. The farm has most types of
pharmaceuticals in China.
The Bao Long Medical Group has
built the Bao Long Hospital, the friendly home to both local and overseas
Vietnamese patients. The hospital has also been honored to serve many leaders
of of Vietnam, Laos and Cambodia.
In recent years, the Bao Long
hospital has successfully treated many serious diseases, which has been hailed
by the media as the miracle in medicine. With oriental pharmaceutical products,
herbal cosmetics, dietary supplements and specific achievements of the Bao Long
Hospital and Bao Long Duong health care facilities, the “Bao Long” brand has
gained big credit at home and abroad and become a leading group in the field of
traditional medicine of Vietnam.
The Bao Long Medical Group has
always been a typical unit in social works and has been honored as the strong
brand of Vietnam; one of the Top 100 Vietnamese brands. The group also won the
Vietnam Gold Star Award, the Vietnamese Brand Proud Gold Cup, the certificate
of merit awarded by the Prime Minister and the third-class Labor Medal of the Vietnamese
President.
Herbalist, Dr. Nguyen Huu Khai
was also granted the title “Excellent Doctor” and the third-class Labor Medal
by the President, the certificate of merit by the Prime Minister and many
prestigious awards from ministries and agencies.
In 2011 Japan’s KenJa Television
voted Dr. Nguyen Huu Khai as one of the 10 most famous entrepreneurs in Vietnam
and one of the 500 leading businessmen in Asia.
On November 23, 2011, journalist
Hamada led a group of film-makers of the KenJa Television to the Bao Long
Medical Group to shoot a film portraying Dr. Nguyen Huu Khai’s career and his
experience in overcoming difficulty to come to success and Khai’s message to
the Japanese younger generation. The film has been broadcasted in Japan.
Due to the impact the global and
domestic economic slowdown, Bao Long as well as many businesses in Vietnam are
experiencing financial difficulties. The group now wishes to transfer its
assets, capital and the brand of the Bao Long Medical Joint Stock Company and
the Bao Long Hospital, for maintaining financial stability and sustain the
remaining units.
It is hoped that in the future,
Bao Long will be still a company of strong financial capability among the top
Vietnamese brands and continue to significantly contribute to the career of
taking care of people's health.
Anh Vu
Business & Investment Opportunities
Saigon Business Corporation Pte Ltd (SBC) is incorporated in Singapore since 1994. As Your Business Companion, we propose a range of services in Strategy, Investment and Management, focusing Health care and Life Science with expertise in ASEAN 's area. We are currently changing the platform of www.yourvietnamexpert.com, if any request, please, contact directly Dr Christian SIODMAK, business strategist, owner and CEO of SBC at christian.siodmak@gmail.com. Many thanks.
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