The Chairman of People’s Committee of Binh Dinh, Vu Hoang Ha, in the afternoon of August 6 chaired the regular meeting at the office of Binh Dinh People’s Committee to assess the social-economic situation in July and first seven months of 2007.

Until the end of July the summer crops were reaped with the estimated output of 52.49 quintals per hectare (a surge of 2.8 quintal per hectare compared with the same period last year); the industrial production value recorded at nearly VND2.697 trillion (US$1.68 billion), a year-on-year surge of 30.4 percent; the gross income for the State budget was VND976.7 billion ($61.05 million), contributing 57.4 percent of the yearly plan; and the export turnover contributed $193 million, a year-on-year increase of 5.4 percent, recording at 68.9 percent of the yearly plan.

Currently, the project for Nhon Ly tourism, residential, and service areas under the construction of Nhon Hoi Economic Zone has been basically finished. The provincial People’s Committee also steered functional bodies to speed up the progress of the compensation, ground clearance, re-settlement, the construction of the infrastructure, and the conduction of investment projects, particularly projects for A, B industrial zones, non-tariff area, Cat Tien re-settlement area, and tourism areas. The Nhon Hoi Economic Zone Administration have so far licensed the investment certificate to ten investment projects with the total registered capital of VND9.528 billion (roughly $6 billion).

At the meeting, after mentioning some tasks that need to be done in next months, Mr. Vu Hoang Ha asked the leaders, particularly key leaders of the province, departments, and localities to enhance their responsibilities, building specific action plans for the conduction of the provincial Committee of the Party’s and People Council’s resolutions. Alongside regular tasks, all bodies and agencies need to well prepare for the festival in 2008.

He also asked the Nhon Hoi Economic Zone Administration and functional bodies to concentrate on promoting the progress of the construction of infrastructures to take advantage of opportunities to attract investors.

• Reported by Cat Hung
• Translated by Hong Quang