Shoes are one of Vietnam's key exports to the EUVietnam is a potential market in Southeast Asia, and the European Union and Italy want to increase economic, trade and investment cooperation with this nation.

The country’s Consumer Price Index (CPI) in March rose only 0.16 percent against the previous month, despite petrol price increasing by 10 percent, the General Statistics Office (GSO) said.

Binh Duong now has an auto “street” along National Highway No.13 with tens of auto salons. Noticeably, this auto street is still very animated in the current difficult context.

Cooling products are in much demand

The Japanese government has decided to grant Vietnam a non-refundable package worth US$33 million to help the country develop an electronic customs clearance named VNACCS/VCIS using Japanese technology.

Commercial banks have quoted the dollar prices higher by 20-60 dong per dollar than the black market. Some banks have pushed up the purchase prices for the last several days.

Under the currently applied personal income tax (PIT), known as a kind of tax imposed on high income earners, workers with the monthly income of 4 million dong have to pay tax. The taxation threshold would be raised to 6 million dong by 2014.

Thanks to labor safety and hygiene, fire prevention (LSHFP) work well implemented, K.J VINA has ensured absolute safety in production. With this achievement, the company was awarded the certificate of merit from provincial People’s Committee on the occasion of launching the 14th National Week of LSHFP.

Thuan An town’s Farmers’ Society has just forwarded a conference to sum up the movement of “Good farmer in production and business” between 2009 and 2012 and define orientations for the 2012 and 2014 period.

Impressive results

 A representative of ACB said that the bank has reserved 7 trillion dong to lend to individual clients at the interest rates lower than before. Since March 7, the average lending interest rate has decreased by 1.5 percent per annum in comparison with the rate applied since the beginning of the year. 

Despite difficulties in 2011, Binh Duong Electricity Company well realized the set targets and plans, contributing to fulfilling the local targets on 2011’s socio-economic development.

Doan said that with about VND30mil for initial investment, after 35 days, breeders can collect 300kg of black cricket and enjoy profit of VND30-45mil. “With big investment, breeders can reap high profit, owing to low expense of investment”, said he.

This year’s event will see the participation of 450 businesses from 19 countries and territories.