Golden Star Balm is a product made from essential oils like Camphor, Menthol, Peppermint Cajeput, which have been used in folk medicine for hundreds years already. Danapha is one of the first five factories who produced this balm since 1954.

Golden Star Balm in domestic market

Golden star balm was a indispensable product for many Vietnamese people and one of the Vietnam’s key exports to the former Soviet Union and many countries in Eastern Europe. After the Eastern bloc collapsed, this product also virtually disappeared in VietNam. Despite the fact that demand for this products decrease dramatically, Danapha still maintained manufacturing and hold initiative in finding market for this product. As a result, Danapha is now exporting Golden Star balm and also inhaler and medicated oil to Russia, East Europe and Southeast Asia. Compared with domestic market, foreign market brings for Danapha 70% of total revenue on this products.

Golden Star balm in international markets

Danapha is planning to invest VNĐ 80 billion to build a new cutting edge production line for the Golden Star products in order to meet the demand of domestic and foreign markets.