Binh Duong Rubber One-Member Co.Ltd. under Becamex IDC, on January 6, held a ceremony to receive the third-class Labor Medal and inaugurate its new latex rubber-processing factory.  

Previously, Binh Duong Rubber One-Member Co.Ltd. was Cay Truong Rubber Plantation established in 1977 under the People’s Committee of Song Be province (now called Binh Duong). The company officially become a member of Becamex IDC in August 2013. Over the past five months, it reached VND350bln in total revenue and VND55bln in total profit. Its annual State budget payment was estimated at between VND10bln and VND15bln. Laborers herein enjoyed the average income of between VND10mln and VND12.5mln per capita per month.

The company also attached special importance to activities of “paying gratitude of debt”, offering help to the poor and those hit by natural disasters…

For achievements done over the past time, Binh Duong Rubber One-Member Co.Ltd. was awarded the third-class Labor Medal. Vu Duy Vien, CEO of the company was also awarded the third-class Labor Medal. On this occasion, the company put its VND80bln-rubber latex processing factory with the annual capacity of 6,000 tons a year.

Addressing the ceremony, provincial People’s Committee Vice-Chairman Tran Van Nam honored Binh Duong Rubber One-Member Co.Ltd. while speaking highly of the birth of the factory, helping the company take initiative in processing products meet clients’ demand; purchase and process rubber latex from small rubber gardens, generate jobs and increase income for laborers, contributing to promoting the local new rural construction…

Reported by T.Minh-Translated by K.T