The provincial Party Committee’s summing-up report on rapid and sustainable industrial development program for the 2006-2010 showed that the quantity of industrial parks, businesses and production values reached a rapid growth.

In addition, the emulation movement received response from laborers. Upholding 2011’s positive efficiency, the company will in this year focus on completing its goals to reach VND125bil in turnover and VND10bil in profit.

Binh Duong Tax Bureau just reviewed 2011’s activity and launched plans for 2012. Accordingly, in 2011 Binh Duong Tax sector collected over VND15,000bil, reaching 112.8% of plan. In addition, the work of tax administration reform, promulgation and prevention of tax fraud reached high results. In this year, the sector will keep implementing administration reform, corruption control and thrift practice and so on.

Provincial Labor Union supports transport means for laborers on Tet.

In the morning of January 06, the Binh Duong Association of Consumer Right Protection held a summing-up meeting to review its operation in 2011 and launch plans for 2012.

The Republic of Korea is considered a potential market for Vietnamese goods, where as many as 116,000 Vietnamese have been living and working in ten provinces and cities.

  Steel tubes being manufactured at Yongho Vina steel factory

In the afternoon of January 5, Joint Stock Commercial Bank for Foreign Trade of Vietnam – Binh Duong Branch (Vietcombank Binh Duong) held a meeting to receive Second Labor Decoration awarded by State President, marking business operation sum-up in 2011.

Husked and unhusked rice of all kinds and tobacco leaves and stems imported from Laos will be import tax free from January 1st, 2012, reported the Ministry of Industry and Trade (MoIT). 

Vietnam committed a total of 10.8 billion USD of investment in 627 projects in 55 countries and territories around the world by the end of last year, the Ministry of Planning and Investment's Foreign Investment Agency reports.

In 2011 Vietnam’s vegetable oils industry increased its export volume by 50 percent and its export value was up by 51 percent compared to the previous year, announced the Ministry of Industry and Trade.

This year’s program will be held in a large scale for over 1,000 poor children and students. The organization board said that the program would become an annual program and hoped that it would be expanded across the country.

The project, with total capital of US$56,539 and channeled through the World Wildlife Fund (WWF), will be carried out in Nam Dong and A Luoi districts. It aims to develop the rattan product processing industry firmly, help improve the environment, increase competitiveness, alleviate hunger and reduce poverty, and raise economic interests.

However, the ratio of Made-in-Vietnam products to imports remains modest given the great potential of a market of nearly 90 million consumers. Vietnamese products lose out to imports, especially contraband goods, on the home market.

Local customers are acquainted with shopping at supermarkets and trade centers.