Imports of machinery and equipment for production now make up 83 percent of the country’s total import value, said the Ministry of Industry and Trade (MoIT) at a conference in Hanoi on September 28. 

Vietnam-Singapore Industrial Park (VISIP) has reached remarkable results with a 170%increase of this year’s plan.  a corner of VISIP II.

Reviewing statistics of Vietnam’s inflation in the last five years, it is worrying that the consumer price index (CPI) in four years is over ten percent. The only one year with one-digit CPI is 2009 (6.5 percent).

At the presence of Singaporean Prime Minister Lee Hsien Loong and Vietnamese President Truong Tan Sang, Vietnam Singapore Industrial Park Joint Venture has signed a memorandum of understanding with the Quang Ngai Provincial People’s Committee on researching feasibility of building a 1,020-ha complex of urban, industry and services in Quang Ngai Province. The project will cover 500 hectares of industrial land in Dung Quoc Economic Zone and another 520 hectares for urban development.

Aroma Luxury shop – hub of centers

The provincial department of Industry and Trade, said Binh Duong is one of 61 provinces and cities being supported capital for building farm produce markets in the 2012 budget plan. This plan is to support provinces and cities nationwide to spur rural trade development and agricultural production and to meet demand of production and consumption for rural areas.

Techcombank has won top awards from the Hong Kong based FinanceAsia magazine.   

Vietnam ranks 81st among 152 countries in the International Telecommunication Union’s ICT Development Index (IDI), moving up 10 places from its 91st position in 2008, the Ministry of Information and Communication said on September 26. 

Despite difficulties of price hike, high interest rate… Thuan An town’s industrial production value in the first 9 months of this year surged 19.4% from the same period last year with the total value of VND35,562.9bil.  at a production line of Hoa Sen Group.

Contributing to take the Party’s resolutions into real life, Tan Uyen district farmers have over years paid attention to mechanization of agricultural production and spurred the process stronger.

A production line of a factory at Nam Tan Uyen IP.

Some items obtain a high increase rate including automobile (64%), tobacco (32.1%) and so on. From the done results, the provincial industrial production sector have contributed to spur local Jan-Sept export revenue of nearly US$7bil, a 19.2% rise from the same period of the last year and winning 69.5% of yearly plan.

 More than 9,700 visitors to three exhibitions on support industries in Vietnam indicates that the international market is open to all support industry businesses in the country.

According to the provincial department of Trade and Industry, implementing Government’s Resolution 11 at Binh Duong province in the past 9 months reached many positive results.  at Binh Duong Apparel Company.

The provincial department of Trade and Industry, said in the first 9 months of this year local timber processors reached over US$1bil in timber export, a 7.1% rise from the same period last year, accounting for 34.3% of the country’s export turnover.