The 25th Anniversary of CBF Pharma Company was formally held on the third of January 2020 in Pakse city, Champasak province with the attendance of the leaders of Champasak province, Vietnamese Consul General in Pakse and the delegation of Binh Dinh province. Speaking at the ceremony, Mr. Phan Cao Thang - Standing Vice Chairman of the Provincial People’s Committee congratulated on the great achievements and development CBF had got for the past 25 years and affirmed that the success of CBF Comapny was the concrete proof of cooperation, mutual assistance on the basis of the special friendly, cooperative relationship between Vietnam and Laos in general, Binh Dinh province and Champasak province in particular.
On this occasion, the delegation had a talk of happy new year 2020 with the leaders of Champasak province. At the talk, the two parties exchanged information on the socio-economic development in 2019 and agreed to hold meetings and pay working visits in 2020. The leaders of Champasak province expressed their sincere thanks to the leaders and people of Binh Dinh province for the timely and valuable assistance given to the people of Champasak province in 2019.
It is known that CBF Company is a joint-venture of Bidiphar and Champasak Pharmaceutical Enterprise. In 1994, on the basis of cooperation between Binh Dinh province and Champasak province, the two parties agreed to establish a joint-venture company named CBF Pharma Company to produce pharmaceutical products, trade imported pharmaceutical products and medical devices in Champasak. For 25 years of development, CBF Company has affirmed its leading position in the production and distribution of medicine, chemicals and medical equipment in Laos.