More than 75 percent of Vietnamese businesses have benefited from the international integration process, announced the Vietnam Chamber of Commerce and Industry (VCCI) on December 8. 

The southern province of Binh Duong has attracted investment from many foreign companies despite difficulties in the world economy.

Over the past 10 years, Thuan An town’s Farmers’ Association has well implemented the Direction No.26 in 10 communes and wards of the town with 11 legal support groups. The association provided legal consultancy for more than 1,346 members, contributing to stabilizing political security, social order and promoting the solidarity among locals.

This is the first factory of the French Bel Corporation in the Asia-Pacific region. It is built on a 5,000 sq.m area with the average capacity of 4,000 tons/year and the maximum capacity being able to reach 8,000 tons/year.

Early Dec.18, Dau Tieng Rubber Corporation held a ceremony to present a bonus of VND350mln to the An Lap Rubber Plantation (photo). 

Credit organizations take charge of inspections before, during and after lendings in a bid to ensure loans used properly and take charge of the lendings.

Vietnam-India business forum was officially established to raise the two-side ties into a new height. To know more about the forum, Binh Duong Daily had an interview with Le Phuoc Vu, chairman of the forum and CEO of Hoa Sen Corporation.

Early Dec.6, provincial Market Control Department destroyed a lot of illegal products, including 644 bottles of illegally-imported alcohol and Chinese beer and softdrinks, 1,026 boxes of mini gas, 30 cans of fruit juice…

The 5th International Trade Fair for Construction, Building and Mining-Machinery, Equipment, Materials, Vehicles, Technology and Services (ConBuild Vietnam 2011) showcases most modern technologies and machinary in these sectors from  domestic businesses and those from Germany and Singapore.

Overall, market price is in stability with a 17.17% of increase of the consumption price index in 2011. Operation of passenger and goods transport obtains a strong growth.    

Since the start of this year, India has had 9 new projects in Vietnam with the total capital of US$11.2mil. Some Indian projects include coffee plant at Dac Lac province, animal feed processing plant at Tay Ninh province and so on. The two countries set a trade turnover target of $5 billion by 2015.

The province’s export industry in 2001 has still continued getting instability with a total turnover reaching US$10.342bln, a year-on-year increase of 21%.

Tokyo Rope Vietnam Co.Ltd. expects to spend additional US$45mln on expanding its factory in the Vietnam Singapore Industrial Park II (VSIP II). This figure will also help bring the company’s total investment capital in the VSIP II to nearly US$69mln.