The General Department of State Reserves under the Finance Ministry yesterday held a ceremony to announce establishment of the State Reserves Bureau's Southeastern branch with the participation of Nguyen Huu Chi, deputy minister of Finance Ministry, Pham Phan Dung, head of the General Department of State Reserves Bureau, Tran Thanh Liem, vice chairman of the provincial People's Committee and leaders of departments and agencies of Binh Duong, Binh Phuoc and Tay Ninh provinces.The State Reserves Bureau's Southeastern branch is set up on decision No.106/2009/QD-TTg dated August 20, 2009 and is one of 4 State Reserves Bureaus including Hoang Lien Son, Central Highland and Cuu Long. The branch is located at 42 Binh Duong Avenue, Thu Dau Mot city in the purpose of implementing the State management functions of reserve activities in 3 provinces of Binh Duong, Binh Phuoc and Tay Ninh.Addressing the ceremony, the Finance vice Minister Nguyen Huu Chi said that the State Reserves Bureau is one important financial tools of the State, helping the Government and local authorities meet urgent requirements on control and consequence improvement of natural calamity, disease epidemic, national security, market price stability and contribute to stabilize the country's economy. The establishment of the branch will meet State management in the new period and serve for sustainable development of the Southern key economic zone.Reported by P.Hoang - Translated by A.C