Binh Dinh Invest

Launching model houses of Vung Chua Green Urban Area Project 07/03/2012
	On the morning of 04/3/2012,Kim Cuc Investment and Construction Lt Company, the owner of Vung Chua GreenUrban Area Project officially launched model houses of the high grade block inthe south of the project site. The strength of the project is the “green” factor and breakthroughs ininternal and external design.
Binh Dinh taking efforts to attract investment from Japan 28/02/2012
On the afternoon of 24.02.2012, Mr Le Huu Loc, Chairman ofBinh Dinh People’s Committee and representatives of the Departments of Planningand Investment, Industry and Commerce, Culture, Sports and Tourism,Construction, Transport, and Nhon Hoi EZ Administration held a meeting with thevisiting team of Binh Dinh Association of countrymen from Ho Chi Minh City ledby Mr Nguyen Duc Dien, the Deputy. Teamwas followed by Mr. Nguyen Trung Dung, Vietnamese Minister Counselor in Japan, Ms Nguyen Thi Thuy Van, Hanoi’sInvestment Promotion Representative in Japan and some other members.
First FDI enterprise in 2012 granted investment certificate 17/01/2012
On 16^thJanuary 2012, Binh Dinh People’s Committee licensed for YK-Anh Minh Trading-Garment Ltd. Company with the project of garment factory in Nhon Binh Ward,Quy Nhon city. The company is established by three members which are Anh Minh Service,Trade and Garment Company (Ho Chi Minh), Kiyokawa Japan and Kiyokawa VietnamLtd.Companies with charter capital of USD 450,000.
More website to promote tourism for central coastal provinces 10/01/2012
In order to implement the agreement signed among enterpriseslinking to develop tourism in central coastal area, the Research Fund forCentral Region Development has set up a new website www.vietccr.vn.
Granting a new FDI project 20/12/2011
A new investment certificate has been granted tothe JKK Investment Limited Company (the Republic of Seychelles, East of Africa) for the project of jeanswash factory in Tam Quan Industrial Cluster, Hoai Nhon district. The factorywill be built on an area of 45,328 m2, capacity of 6,250,000products/year. The project has an invested capital of USD 4 million, expectedto go into operation in the third quarter of 2012. Mr Chan Siu Tan John is thedirector of the EXCEL KIND (JKK)limited company established.
Inauguration of Cho Lon Trade Centre 20/12/2011
	On19^th December, Cho Lon Quy Nhon Trade Centre invested by An Phu ThinhConstruction and Tourism Joint Stock Company was inaugurated after more thanthree years of building. Picture:Inauguration ceremony Cho Lon Quy Nhon TradeCentre was constructed since 28/8/2008 on the site of the old market. It coversmore than 7000 m² and has a total capital of VND 314 billion.
Approving for list of projects calling for investment in the form of BOT, BTO and BT 10/11/2011
BinhDinh People’s Committee has approved for the list of projects calling forinvestment in 2011-2012 in the form of BOT (Build-Transfer-Operate), BTO(Build-Operate-Transfer) and BT (Build-Transfer) in the province.
Project of new Urban Area APEC Nhon Phu approved 28/10/2011
The Provincial People’sCommittee has lately approved for APEC Investment Joint-Stock Company (APECI)to start investment procedures for the project of new Urban Area APEC Nhon Phuin Nhon Phu ward, Quy Nhon city.
Conference on investment and land administration in Binh Dinh 27/10/2011
	In regarding to institutional and organizationalreform, administrative procedure reform is essential in the nation’sadministrative reform and a key task of the national and local governments, includingBinh Dinh. Picture: Conference outlook
Provincial People’s Committee meets with representative entrepreneurs 12/10/2011
	On the afternoon of11th October, Binh Dinh People’s Committee held a meeting with representative entrepreneurs in the province on the occasion of Vietnam EntrepreneurDay 13th October. The event was attended by Mr Nguyen Van Thien, the PartyCommittee Secretary, Mr Le Huu Loc, Chairman of the Provincial People’sCommittee,
The National Highway 19 is to be upgraded 13/09/2011
The Deputy Prime Minister has recently approved for upgrading the National Highway 19 from Quy Nhon Seaport to the intersection with the National Highway 1A.
Export over the last 8 months reduces 6.8% 30/08/2011
Over the last 8 months, theglobal economy has continued to be put at a disadvantage. The public debtcrisis in the USand EU countries and the soaring price of input materials have caused moredifficulties for enterprises in Binh Dinh. Also, though decreasing, the bankinginterest rate is still high, gold price and inflation are increasing, which hascreated pressure on production costs.
Investment in paper material and planted forest wood processing plant 25/08/2011
The People’s Committee (PC) has approved for Thuong Thao Trade and Investment Join Stock Company to invest in a project of paper material and planted forest wood processing plant in Hoai Son commune, Hoai Nhon district. In addition, the Department of Natural Resources and Environment is assigned to introduce a venue for the plant and recommend it to the PC for consideration so that Thuong Thao Company can start their project in the near future
MoE approves for establishment of Quy Nhon Technology and Economics College 17/08/2011
	Ministry of Education andTraining has approved for Quy Nhon Technology and Economics College invested byHa Noi Development and Investment Joint Stock Company to be established.Accordingly, the College Establishment Council will carry out requiredprocedures to set up the construction management unit as regulated.
Construction of An Phu Trade – Urban Area prepared to kick off 04/08/2011
Recently Binh Dinh People’s Committee has granteda new investment certificate for An Phu Trade -Urban Area Project in QuangTrung ward, Quy Nhon city. The project is invested by An Phu Energy and MineralInvestment Joint Stock Company, located on an area of 37,069 m2 and has aninvestment capital of more than VND 298 billion.
A project’s investment license revoked due to delayed implementation 11/07/2011
After checking up on FDI enterprises in theprovinces, on 7 June 2011, the People’s Committee made a decision on revokingthe investment license and terminating the operation of Viet Phong Commerce LimitedCompany in Binh Dinh.
Export in the first six months faced a lot of difficulties 30/06/2011
Over the last six monthsin 2011, export has continued to be affected by the global economic crisis.Export markets, material price, foreign exchange rate are not stable.Especially high bank interest rate has caused adverse impacts on thesocio-economic situation nationwide and Binh Dinh province specifically. Exportturnover of the first six months is estimated to reach USD 234.7 million,achieving 51% of the year plan and being equal to the same period of last year.
Air Mekong launches new flight route 03/06/2011
After a lot ofinvestigation and preparation, on 01/06/2011, Mekong Aviation Joint StockCompany (Air Mekong) officially launches the flight route between Ho Chi Minh andQuy Nhon with one flight/day. The plane leaves Ho Chi Minh at 8:40am and leavesPhu Cat airport, Binh Dinh Provinceat 10:15am and the time of one flight is one hour.
Binh Dinh makes efforts to improve PCI 28/04/2011
On the afternoon of 26/4/2011, Binh Dinh People's Committee (PC) in collaboration with Vietnam Chamber of Commerce and Industry (VCCI) held the conference ‘PCI 2010 and solutions to improve the provincial competitiveness capacity in 2011’ in Quy Nhon city in order to comprehensively analyze the results of PCI 2010 and to develop effective solutions for improving Binh Dinh PCI 2011.
Conference on ‘PCI 2010 and solutions to improve Binh Dinh Competitiveness Capacity in 2011’ 18/04/2011
Binh Dinh People’s Committee has recently issued a letter approving the collaboration with the Vietnam Chamber of Commerce and Industry (VCCI) to hold the conference on “PCI 2010 and solutions to improve Binh Dinh Competitiveness Capacity in 2011’ planned to take place at the end of April 2011