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To promote measures resolving difficulties for enterprises

Update: 30-07-2013 | 00:00:00
Early July 29, Binh Duong Provincial Party Committee held its 13th executive conference for the 11th tenure (extended) with the host of Member of Central Committee of CPV,cum Provincial Secretary, Mr. Mai The Trung. In 6-month time, all level sectors have actively implemented measures proposed by resolutions of the government, local Party Committee and People’s Council. As a result, provincial economy eyed stable development in the face of economic downturn. Relative GDP growth was at 9.5% higher than previous term; trade surplus at USD 1 billion; social security, national defense-security maintained. The report of Provincial People’s Council stated remarkable increment of industrial production (11.9% higher than previous term), budget collection, and investment luring (worth USD 925 million or 92.5% of year’s projection) Meanwhile, under report of building up the Party, fatherland front committee, and unions in the first 6 months of the year as stated by permanent Deputy Secretary, Chair of Provincial People’s Council, Mr. Vu Minh Sang affirmed the drammatical transformation in all aspects. The 12th plenum resolution of the 4th session of the 11th tenure Central Committee of CPV has been boosted up and implemented regarding “some urgent issues of Party building in the current stage” in integration with promotion of learning and following President Ho Chi Minh’s moral examples. The people’s unity has been created among classes thanks to refined operations of all-level authorities, mass mobilization, and patriotism emulation. Discussing the socio-economic status in the first 6 months and some major duties for the last 6 months of the year, many delegates highly appreciated effective measures of Provincial People’s Committee to support enterprises in the face of recovering exporting markets in which many major enterprises have exporting contracts till year’s end. However, serious consideration should be made for difficulties including slow recovery of tradditional markets, especially European market while enterprises are still reluctant to inject capital into business while 36.8% deposits of economic societies stay in banks. In education, physical population increment of students has caused pressure on facility development. So as to remove the mentioned obstacles, the conference unanimously agreed upon continual measures to remove obstacles, to support the market, to resolve bad debts, to promote business operations, to organize dialogue with enterprises and associations of goods representatives, to timely resolve obstacles for investors, to enhance inspection and investigation on deposits and loans of banks in a bid of ensuring declining interest rates and improving credit balance, etc. By Political Reporters – Translated by Vi Bao
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