Party cell of States’ Bank – Binh Duong Branch, has organized its Congress for the 7th term (2005-2010), concluding efforts to achieve success of political duty assigned. In The past 5 years, the branch has regulated cash and maintains uttermost security to avoid cash redundancy or scarcity, satisfying the need of credit institutes and local cash regulation along with righteous foreign remittance management. Meanwhile, payment and inspection are focused to correct errors during operations, to discover and propose justification for unreasonable policies.

 A glance of the South Tan Uyen Industrial ParkAfter five year-operation, the South Tan Uyen Industrial Park (IP), invested by the South Tan Uyen IP Joint Stock Co. with 330.5 ha in total, has become a reliable address for investors at home and abroad.

An awards ceremony for the best artisans at the fruit arrangement contest of the Southern Fruit Festival 2010 took place on June 6.

The Party Committee of Minh Tan Rubber Plantation under Dau Tieng One-Member Rubber Co.Ltd. forwarded the 16th Party congress for the 2010 and 2015 tenure.

 Demand on loans on the rise. The State Bank of Vietnam and Vietnam Banking Association (VNBA) just worked with general directors of commercial banks (CB) to launch the implementation of Resolution 18/NQ-CP dated April 6, 2010 on reducing VND interest rates.

Provincial leaders focused on instructing sectors and localities to take measures to promote the province’s socio-economic development in the first half of the year, said provincial chairman Nguyen Hoang Son.

The province’s budget State collection in the first half of 2010 reached VND8.5trillion, or 61% of the estimation by provincial People’s Committee’s and up 35% compared to the same period of last year. Of the total figure, domestic collection was VND5.7trillion, up 21% while import-export collection achieved VND2.8trillion, up 79%.

Power cut remains existent nationwide and the Electricity of Vietnam (EVN) has yet to define the exact time of power cut stop. This makes generators become a top choice of many families and businesses.

As orders flood in from the US and Japan, HCM City  garment companies fear to accept them because they are seriously short of workers.

 

To connect the Son La hydroelectric power plant to the national grid, Electricity of Vietnam is focusing on building two 500kV electric lines.

 The province’s industry continues seeing stable developmentThe whole province attracted 50 new FDI projects capitalized at US$263mln and 54 extra-ones with US$298mln in the first half of 2010. Province-based Ips also lured 25 new FDI projects valued at US$51mln and 46 extra-ones worth US$278mln. Thus, the whole province has so far lured 1,951 FDI projects capitalized at US$13.260bln.

The Vietnam Fisheries International Exhibition (VIETFISH) opened at the Saigon Exhibition and Convention Centre (SECC) in HCM City on June 12.

With a large area of growing rubber trees, Dau Tieng One-Member Rubber Ltd.Co. has faced difficulties to protect its rubber gardens, especially in the period of the rubber latex price on rise. And young workers herein have expressed their role in protection of company properties.

The province’s export turnover in the first half of 2010 was estimated to reach US$3.4bln, up 19.5% compared to the same period last year. Of the total figure, State-owned businesses increased by 31.2%, non-State businesses reduced by 0.9% and FDI ones saw growth of 24.6%.