Monday, 17 Dec 2018
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Vietnam, Mongolia medical firms strike deal

Updated at Monday, 01 Oct 2018, 17:08
The Hanoitimes - The cooperation between Monopole Pharmaceutical Company and Vietnam Quinessence Trading Joint Stock Company will contribute to enhancing the business efficiency between the two companies and the economic cooperation between Vietnam and Mongolia.
Vietnam's Quinessence Trading Joint Stock Company and Mongolia's Monopole Pharmaceutical Company on September 30 inked a cooperation agreement, becoming the first businesses of the two countries to make the move.

The deal would pave way for other businesses to enhance ties in the future, said Vietnamese Ambassador to Mongolia Doan Thi Huong at the signing ceremony in
Ulaanbaatar city.
 
Ambassador Doan Thi Huong congratulated at the signing ceremony
Ambassador Doan Thi Huong made speech at the signing ceremony. Photo: Le Chien
The agreement would contribute to boosting trade between Vietnam and Mongolia in line with the 16th session of the Intergovernmental Committee in August 2017 in Ulaanbaatar.

At the signing ceremony, Director of Monopole Pharmaceutical Company, Dr. Galbaa Davkharbayar, said that with modern production lines, on the basis of clean materials from the Mongolian plateau, Monopole Pharmaceutical Company specializes in producing functional food like Mongolian mori bone that has been exported to some developed markets.

The cooperation between Monopole Pharmaceutical Company and Vietnam Quinessence Trading Joint Stock Company will contribute to enhancing the business efficiency between the two companies and the economic cooperation between Vietnam and Mongolia, Dr. Galbaa Davkharbayar added.

He also suggested that the Vietnamese embassy and the Vietnamese government create favorable conditions for the two businesses’ cooperation.
 
Ambassador Doan Thi Huong visited the production facility of Monopole Pharmaceutical Company. Photo: Le Chien
Ambassador Doan Thi Huong visited the production facility of Monopole Pharmaceutical Company. Photo: Le Chien
For his part, pharmacist Phan Van Hieu, expert of Vietnam Quinessence Trading Joint Stock Company said that through the connection of the Vietnamese embassy in Mongolia, the company got to know Monopole Pharmaceutical Company’s precious products like Mongolian mori bone.

The company hopes to bring the product to Vietnamese consumers, contributing to improving their health and well-being. At the same time, it contributes to enhancing economic and cultural exchanges between Vietnam and Mongolia, Hieu stressed.
Speaking at the signing ceremony, Vietnamese Ambassador to Mongolia Doan Thi Huong said that the cooperation signing between Monopole Pharmaceutical Company and Vietnam Essence Joint Stock Company is just the beginning.

The two sides need to keep efforts for building trust to not only bring benefits to businesses, contributing to boosting trade between the two countries, but more importantly, contributing to enhancing the traditional good relationship between Vietnam and Mongolia. 

The success of the two businesses is the most practical activity to celebrate the 65th anniversary of the establishment of diplomatic relations between Vietnam and Mongolia. The embassy will create favorable conditions for business cooperation, the ambassador stressed.
Nguyen Ngan - Le Chien
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