Binh Duong Daily had an interview with Hirunya Suchinai, senior investment adviser at BOI to know more about the investment prospect of Thai businesses in Vietnam in general and southern Binh Duong province in particular.

Grasping technical advances and market demand, Binh Duong farmers have built valued economic models. With available and preferential policies, agro-economic models in the province have been under development.

Despite a decrease in FDI attraction, Japanese investors want to inject more investment or increase their involvement in Vietnam by way of purchasing Vietnamese company shares.

After implementing the province’s hi-yield field project, farmers in Tan Uyen district’s Hieu Liem have learnt to get rich by many effective models

 The Southern Fruit Festival 2011 was officially opened at the Suoi Tien Culture and Tourism Site on the morning of June 1 (photo).

Binh Duong has bounded for hi-tech production, of which IT industry is considered as a spearhead industry. Therefore, establishment of Viettel IDC Song Than (VIS) will bring great interests for many localities.

The World Bank (WB) will provide Vietnam with 620.4 million USD for five projects on healthcare services, transport, environment, poverty reduction, and energy in the country.

The two-way trade turnover between Vietnam and India in the first four months this year reached over US$1.26 billion, rising by 50 percent compared to the same period in 2010, according to the General Department of Vietnam Customs.

Exports of Vietnamese farm produce to Japan will see sharp increases if domestic businesses take advantage of the Vietnam-Japan Economic Partnership Agreement (VJEPA).

In the first three months of 2011, Vietnam’s exports to Mexico reached US$214 million, up 20 percent against the same period last year, said the Commercial Section at the Vietnamese embassy in Mexico.

The credit crunch in real estate has led many investors "beaten up" when it comes to loans with excessively high interest rates up to 23-24% and even more. Therefore, many projects have been forced to "inflate" the price offered at very attractive level down from VND 4-5 million per square meters.

The whole province now has 19 businesses getting involved in the investment and trading of industrial park infrastructure.

The province’s export turnover in May was estimated at US$709.3mln, up 5.7% compared to the previous month. Of the total figure, the foreign investment sector reached US$562.3mln, up 6.1% while the domestic investment sector achieved US$147mln, up 4.5%.

The provincial department of Science and Technology yesterday held a seminar on capital source for technological development with the participation of over 70 ceramic businesses in Binh Duong and Dong Nai provinces. At the seminar, participants heard about a project of Promoting Energy Conservation in Small and Medium Sized Enterprises (PECSME), Vietnamese Fund of Environmental Protection and preferential loans for environmental projects.

The index was researched by a local group of auxiliary industry development research. Accordingly, the ICOR index (Incremental Capital Output Ratio) of Binh Duong province is at 5.2-6.5.