VietNamNet Bridge – Since it is very difficult now to access bank loans, a lot of listed companies are trying to seek capital by issuing bonds and convertible bonds.

 Enterprises must be cautious in business strategy.  At the 2010 Investment Conference held at the HCMC, Ph.D Le Duc Thuy, chairman of the national Finance Supervision Committee, said Vietnamese economy will speed up with many opportunities in the last months of this year. Aside from the above joy, enterprises should be more cautious in their business strategy.

In the first half of this year, the State Bank of Vietnam’s Binh Duong branch confirmed opening registration of 4 transaction offices, one saving fund and 2 banking branches. The entire province has so far had 40 credit branches, 10 grassroot people’s credit funds and 74 transaction offices of banking branches inside and outside the province.

The provincial department of Trade and Industry, said trade promotion work in the last months of this year will have significant activities. Specifically, 5 market sessions for workers will be launched in Nov. and Dec. ahead at localities of Tan Uyen, Thu Dau Mot, Dau Tieng and Phu Giao. Besides, many big exhibitions will take place. The most highlighted thing is that Porcelain Festival will be held in Sept at Thu Dau Mot town. In addition, to enhance and train human resources for local small and medium enterprises, the unit will open training classes on interior furniture, fork-lift truck driving…

The very slight increase in July’s Consumer Price Index (CPI) is attributed to the government and local authorities’ efforts to curb inflation, reports the General Statistics Office (GSO).

Over the past five years, An Thanh Credit Fund in Thuan An district’s An Thanh township made obvious changes. The total capital of the credit fund increased by 31.7%, total outstanding loan by 27.13%, total revenue by 26.39%, post-tax profit by 21.31%... The credit fund also fulfilled many other important targets. So far, it has recognized as a first-class credit fund for many consecutive years by the State Bank of Vietnam’s Binh Duong Branch.

Activities of exchange and investment opportunity between members of Binh Duong Furniture Association (BIFA) and South Africa entrepreneurs and managers took place at Truong Thanh Furniture (TTF). Mr.Cebekhulu, director of the Umshawathi City Council, repsenting the South Africa Government expressed his wish to cooperate with Vietnamese furniture enterprises.

Foreign portfolio investment (FPI) flowed strongly into Vietnam after the country joined the WTO, and then flowed out during the 2008 global economic crisis. In the last months, however, FPI capital has been heading toward Vietnam  again.

The World Trade Organization (WTO) on July 26 named the three members for a jury that will review US anti-dumping measures on frozen shrimp imported from Vietnam.

 The center’s effective models raise local species and plants’ quality. Binh Duong Agricultural Promotion Center has been established since May, 1990. Over the past 20 years, the center’s activities have contributed to modernize local agricultural industry.

To welcome the 1,000th anniversary of Thang Long – Ha Noi and Vietnam-Binh Duong Porcelain Festival 2010 to be held on Sept. 2-9, 2010, the provincial Porcelain Association under the main sponsor of Minh Long I Ltd. held the “Ideas for porcelain product design and decoration” contest.

Economic analysts agree that the time is right for the Government to settle problems caused by the economic crisis and create a driving force for the national economy to develop in the new period through new financial policies.

Building houses to attract swiftlets nesting has mushroomed in provinces of Khanh Hoa, Ninh Thuan, Kien Giang, and so on but it is rather new in Binh Duong Province. And thus, people are surprised by VND-one-billion nesting house erected in Binh Nham commune.

The Economist’s Intelligence Unit, an offshoot of the UK ’s Economist magazine, has lifted its forecast of Vietnam ’s GDP growth rate in 2010 to 6.4 percent, up from 6.2 percent in its previous forecast.

 The “Vietnamese using Vietnamese products” campaign has offered a golden opportunity for domestic businesses to raise their prestige, said Ho Thi Thoa, Deputy Minister of Industry and Trade (MoIT), at a recent meeting to review the campaign.