People’s Committee leaders have just checked up capital construction in Thuan An District which has been promoted by active leadership and lower prices of materials. However, obstacles still remain.

The Gemalink Joint Stock Company, on June 28 signed a contract with Korean Dealim – SAMWHA to build the Gemalink –Cai Mep Deep Water Port in the southern province of Ba Ria – Vung Tau.

 The timber sector has seen a dramatic increase in the volume of its export products which are listed among the top ten revenue earners in the country.

Both FDI registered and disbursed capital decreased in June compared to May, however, in the past six months, FDI disbursement showed an increase of 5.9 percent against the same period last year.

Foreign investors registered nearly 8.43 billion USD in FDI in the first half of the year, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

Export turnovers rose by 16 percent year on year to over 32 billion USD in the first six months of this year, reported the Ministry of Planning and Investment (MPI).

According to the Ministry of Investment and Planning, two important socio-economic targets of GDP and consumption price index (CPI) in the first half of this year reached remarkable results. Specifically, GDP in early 6 months obtained about 6.1% whilst CPI surged 0.22% from previous month.

If customers have average or even high income but fail to pay at once for housing, cars or marriage, they will not always have enough money. Understanding such potential customers, banks rush to offer spending loans. To know more about this tendency, we interviewed Mr. Tran Vu Phuong who is Vice General Manager in charge of DaiABank business.

Over the past 5 years, the provincial collective economy has reached remarkable results. The People’s Credit Fund is considered as one of the most stable and effective models. The entire province has so far had 10 people’s credit funds under stable operation with the total capital of VND696bil, more than VND600bil of which is for outstanding loan.

*Hundreds of ancient porcelain-pottery items on display

Since early this year, Ben Cat district has absorbed additional 66 domestic investment projects and 12 FDI ones with a total registered capital of VND599bln and US$39mln. Thus, the whole district has so far lured 789 domestic investment projects valued at VND4.909 trillion and VND170mln and 478 FDI ones worth over US$3bln.

 At present, banks are in confused situation because of the 12-month duration of VND3tril chartered capital increase according to orientation of the State Bank of Vietnam. The banks will have to surge their capital source up to VND5tril in 2012 and VND10tril in 2015.

 Brick manufacture is predicted to gain stable growth As planned, Binh Duong Building Materials and Construction Co. (M&C) will turn into the company limited with one member on July. With the new operational model, the company’s main task is to promote its market expansion.

Binh Duong Electricity Company’s party committee held its 13th party congress for 2010-2015 term on June 18. In the past term, the company party committee reached and exceeded its set targets, contributing to the local socio-economic development. Its commercial power output annually surges over 22% and investment in new grid works reaches over VND1tril. Till late 2009, 100% of localities across province were accessible to power network.

Technology has bring people nearer in a so-called flat world in which Viettel thrushes deeper to market niche of 3G and dominate the market by its D-com 3G, enabling internet access any where.