Tag: CTCP Cơ điện lạnh

With the backing of the Vietnamese and Cuban governments, Genfarma Joint Stock Company has acquired Cuban pharmaceutical technology to produce Cuban medicines in Vietnam. This marks a significant step towards boosting pharmaceutical research and development in the country.

In 2024, Vietnam witnessed a remarkable influx of remittances, totaling approximately $16 billion. Ho Chi Minh City, a bustling metropolitan hub, led the way with an impressive $9.6 billion, reflecting a significant increase of $140 million from the previous year. This substantial sum is a testament to the city's thriving economy and robust financial standing, outshining foreign direct investment by a factor of three. The record-breaking figure underscores the resilience and potential of Vietnam's financial landscape, marking a historic high that promises continued prosperity.

The central bank stated that when inflation rises, it increases interest rates to curb inflation. Conversely, when inflation is under control and aligns with the set targets, the central bank reduces interest rates to stimulate economic growth.