Over 10.3 Trillion VND Revenue in One Quarter: How Long Châu Combats Counterfeit Drugs and Maintains Prices

In Vietnam's dynamic retail landscape, FPT Long Châu, the nation's leading pharmaceutical and vaccination chain, has posted impressive first-quarter 2026 financial results. The company announced a consolidated net revenue of nearly 15.12 trillion VND, marking a substantial 30% increase compared to the same period last year. Driving this remarkable growth is FPT Long Châu itself, which contributed over 10.34 trillion VND in revenue, a 28% surge year-on-year. This performance underscores the chain's expanding market presence and the growing demand for its services.

Despite this robust growth, FPT Long Châu faces the critical challenge of maintaining stable prices for essential medicines and health products while navigating rising input costs and intense market competition. At the recent annual general meeting of shareholders, this issue was a key point of discussion. Company leadership emphasized their commitment to price stabilization, recognizing its significant impact on social welfare. This commitment has reportedly encouraged other pharmacy chains to adopt similar transparent pricing strategies, benefiting consumers across the board.

To sustain this strategy, FPT Long Châu is proactively securing long-term supply chains, optimizing operational costs through technology, and enhancing labor productivity. The company's management highlighted their proactive approach to risk management, stating, "Excellent governance always involves preparing response scenarios early and from a distance, not sacrificing one thing for another." This forward-thinking strategy is crucial in an environment where counterfeit drugs and substandard products are a persistent concern.

FPT Long Châu is bolstering its quality control measures through comprehensive collaborations with the National Institute for Food and Drug Quality Control (NIFC). They are also tightening supplier accountability and enhancing product traceability to ensure authenticity and safety. Meanwhile, FPT Shop, FPT Retail's electronics chain, also demonstrated strong performance, with revenue reaching 4.815 trillion VND, a 31% increase, driven by increased consumer spending and new technology product launches. This dual success highlights FPT Retail's diversified strength in Vietnam's retail sector.

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Excellent governance always involves preparing response scenarios early and from a distance, not sacrificing one thing for another.