Estimated value of industrial production (GTSXCN) in the province in quarter I increases 17% over the same period; Total retail of goods and services in the province increases by 26% over the same period. Export turnover in the province increases 38% over the same period. Import turnover in quarter I increases 22.4% over the same period.

- On February 24, 2011, the Government issued Resolution No.11/NQ-CP on main solutions to control inflation, stabilize macro-economy, and ensure social security. Ministry of Industry and Trade has issued action plans in the Decision No. 1018/QD-BCT on March 04, 2011; Provincial People's Committee has issued action plans in the Decision No.621/QD-UBND on the implementation of Resolution No.11/NQ-CP.

Difficulties

- The fuel price rise (gas, oil, gas, electricity) will lead to the escalation in the production cost, particularly the cost of imported raw materials for production. Many goods and products sold on the market rose: sugar, milk powder, animal feed, fertilizer, steel, cement ... inflation risk may be higher than expected.

- The lack of labour in some industries such as garment industry, wood handicrafts, bamboo and rattan industry.

- High interest rate for loans in Vietnam dong range at 17-20%; the exchage rate for USD/USD tends to increase, creating more pressure for businesses to import raw materials for production and businesses are being in debt in dollars. (Translated by Hong Chau)