PharmaxisGroup launches e-commerce platform, partnership with MBBank
PharmaxisGroup Vietnam on Wednesday launched e-commerce platform khoduoconline.com, and embarked on a comprehensive strategic partnership with Military Bank to boost the initiative.
With the e-commerce site, the company seeks to catch up with the business-to-business (B2B) trend to "open up many breakthrough opportunities" for businesses in the pharmaceutical industry, it said in a release.
The B2B platform aims to help manufacturers, importers, and distributors in the industry expand business, as well as assist small and medium enterprises and retail pharmacies in sharpening their competitive edge and maximizing profits amid market volatility and fierce competition.
MBBank said it sees the partnership with PharmaxisGroup as an important business step. Photo courtesy of PharmaxisGroup.
Developed by PharmaxisGroup Vietnam, khoduoconline.com focuses on supplying pharmaceuticals, cosmetics, medical equipment and tools. It serves as a “one-stop” shop to maximize convenience and profits by minimizing intermediate stages.
The platform will help pharmacies seek capital from associated banks to diversify products like pharmaceuticals, functional foods, and medical supplies. It will also assist them in recruiting sales staff and finding prime locations (without a pharmacy within a radius of two kilometers) to open new stores, as well as provide them legal advice.
Truong Cong Hien, founder and CEO of PharmaxisGroup Vietnam, called the partnership "a significant milestone for both sides".
“I am extremely proud to be a partner of MBBank, a leading financial institution in Vietnam that pioneers digital transformation in the field of banking. The bank boasts an extensive network of branches and transaction offices in both urban and rural areas nationwide," he said.
MBBank stated it sees the comprehensive partnership with PharmaxisGroup as an important step to strengthen its services for Vietnamese businesses in general and pharmaceutical enterprises.
PharmaxisGroup and MBBank will closely work together to roll out specific cooperation measures for each period that will best match practical conditions. They are committed to making the most of their resources and strengths to enhance their positions and competitiveness "on a win-win basis".
- Read More
Vietnam steelmaker Ton Dong A eyes Q3 mainboard listing, bond issuance for expansion drive
Ton Dong A Corporation (UPCoM: GDA), one of Vietnam's leading galvanized steel manufacturers, has unveiled plans for a mainboard listing on the Ho Chi Minh Stock Exchange (HoSE) alongside a multi-factory expansion strategy to capture high-value industrial manufacturing segments.
Companies - Sun, May 31, 2026 | 2:20 pm GMT+7
PTSC plans capital hike to $233 mln through stock dividend issue
PetroVietnam Technical Services Corporation (PTSC), a unit of state-owned energy group Petrovietnam, plans to raise its charter capital to more than VND6.14 trillion ($233 million) through a stock dividend issuance to strengthen its financial position and support a pipeline of major oil, gas and renewable energy projects.
Companies - Sun, May 31, 2026 | 8:26 am GMT+7
Vietnam's real estate developer Novaland seeks creditor waiver on $300 mln offshore bond
Embattled Vietnamese property developer Novaland (HoSE: NVL) is seeking a waiver on upcoming payment obligations for its $300 million international bond package, as the company pushes to restructure its offshore debts.
Companies - Sun, May 31, 2026 | 7:54 am GMT+7
Vietnam competition watchdog intervenes, Shopee delays new fee policy
Shopee has postponed the rollout of a new fee policy under its "Visibility Maintenance Program" after Vietnam's competition regulator raised concerns over its impact on sellers and market competition.
Companies - Sat, May 30, 2026 | 10:31 pm GMT+7
International media highlight Vietnamese top leader's keynote address at Shangri-La Dialogue
The keynote policy address delivered by Vietnam's Party General Secretary and President To Lam at the opening session of the 23rd Shangri-La Dialogue in Singapore on Friday has drawn wide attention from international media outlets and observers.
Politics - Sat, May 30, 2026 | 10:09 pm GMT+7
Vietnam, Singapore expand VSIP network, deepen next-generation economic cooperation
Vietnam and Singapore have agreed to deepen economic cooperation and expand the Vietnam-Singapore Industrial Park (VSIP) network, with five new VSIP projects receiving investment certificates during a state visit by Vietnam's top leader To Lam to Singapore.
Economy - Sat, May 30, 2026 | 9:49 pm GMT+7
Japan conglomerate Mitani Sangyo eyes agricultural processing investment in central Vietnam
Mitani Sangyo Co., a diversified trading and manufacturing group with nearly a century of history, is exploring agricultural processing opportunities in Dak Lak province, central Vietnam as part of efforts to promote deeper value-added production and a circular economy.
Industries - Sat, May 30, 2026 | 2:52 pm GMT+7
FPT signs six AI transformation partnerships with major Thai, Singaporean groups
Vietnam's leading technology company FPT has signed six strategic agreements on AI and digital transformation with leading corporations in Thailand and Singapore across the agriculture-food, manufacturing, banking, energy, logistics and ground-handling sectors.
Companies - Sat, May 30, 2026 | 10:26 am GMT+7
Rubber prices surge, Vietnamese producers remain cautious on new upcycle
Global natural rubber prices have climbed back to peaks last seen in 2017 as seasonal supply shortages and rising stockpiling demand tighten the market, but most Vietnamese rubber producers remain cautious about prospects for a sustained upcycle in 2026.
Companies - Sat, May 30, 2026 | 8:17 am GMT+7
SHB charts path toward becoming next-generation national-scale bank
Saigon-Hanoi Commercial Joint Stock Bank (SHB) is positioning itself as a “next-generation national-scale bank,” a strategy that reflects its ambition to expand beyond traditional banking and play a broader role in Vietnam’s economic development.
Banking - Fri, May 29, 2026 | 7:50 pm GMT+7
Vietnam’s mid-sized lender OCB names tech veteran Chris Shayan acting CEO
Orient Commercial Joint Stock Bank (HoSE: OCB) has appointed foreign AI and financial technology expert Chris Shayan as its new acting CEO, effective June 1, 2026.
Banking - Fri, May 29, 2026 | 6:05 pm GMT+7
MB wins 5 Sao Khue awards for digital banking solutions
Military Commercial Joint Stock Bank (MB) has won five Sao Khue Awards 2026 for its digital banking products and technology solutions, marking the eighth consecutive year the lender has been honored at one of Vietnam’s most prestigious information technology and digital transformation awards.
Companies - Fri, May 29, 2026 | 4:51 pm GMT+7
Phat Dat deposits $34 mln to join Lotte in mega project in HCMC
Phat Dat Real Estate Development Corporation (HoSE: PDR) has transferred a VND900 billion ($34.19 million) deposit to advance a potential partnership with Lotte’s unit in the development of the Thu Thiem Eco Smart City project in Ho Chi Minh City.
Real Estate - Fri, May 29, 2026 | 4:01 pm GMT+7
Herbalife’s Vietnam earnings hit $77.5 mln in Q1
Herbalife, a global multi-level marketing corporation selling dietary supplements, recorded $77.5 million in net sales in Vietnam in the first quarter of 2026, according to its filing to the U.S. Securities and Exchange Commission (SEC).
Companies - Fri, May 29, 2026 | 3:00 pm GMT+7
Thai conglomerates seek to expand long-term investment in Vietnam
Vietnam's top leader To Lam said Vietnam is ready to facilitate Thai investors with strong capabilities, experience and long-term commitments, as the country seeks to deepen economic ties with the neighboring country.
Industries - Fri, May 29, 2026 | 1:49 pm GMT+7
Sun Group, Central Pattana sign strategic partnership to pioneer next-generation mixed-use developments in Vietnam
Vietnam's leading developer Sun Group and Central Pattana, a member of Central Group and Thailand’s No.1 retail-led mixed-use developer, on Thursday signed an MoU on strategic partnership, laying the foundation for a new generation of world-class retail and mixed-use complexes across Vietnam.
Real Estate - Fri, May 29, 2026 | 12:11 pm GMT+7
