1. However, a report commissioned by the Government from Roger Tym and Partners warns of the danger of hiking building targets in the overcrowded South East above the levels recommended by local councils.

2. Dr Hoppenstedt said that the German Government highly appreciates the Vietnamese women‘s contributions to their country‘s construction and development, expressing hope that the TYM Fund would co–ordinate with the VWU to create a micro–financial institution model throughout Vietnam.

3. The German Savings Bank Foundation for International Co–operation has provided 220,000 EUR to the VWU to carry out a project to expand a social welfare fund called the TYM in the 2005–2008 period.

4. The Vice President made the remarks on April 5 while receiving the visiting President of the German Saving Banks Finance Group, Dr Dietrich Hoppenstedt, who earlier announced the German Government‘s commitment to sponsoring the capacity improvement of the TYM Fund run by the Vietnam Women‘s Union (VWU) from 2007–200'. Vice President Trung My Hoa also informed Dr Hoppenstedt of Vietnam‘s progress in its renovation process and socio–economic development.

5. The region ‘contributes 18 billion per annum in net terms to the exchequer, of which quite a lot goes to the north–east.‘ Without investment in the infrastructure, he said, the assembly would be unable to build the right number of homes ‘and that would mean probably fewer jobs and less economic development‘. He said it was impossible until the government finalised its own spending plans to calculate an exact shortfall, but a report from independent consultants Roger Tym and Partners – backed by the 10 councils in the south–east and seen by Seera – estimated a gap of at least 8bn.