Since early this year, Phuoc Hoa Rubber Joint Stock Company (JSC) has overcome difficulties and gained encouraging results thanks to consensus between its leaders and staff…

Foresight

Phuoc Hoa Rubber JSC now has 7 plantations and 2 subsidiaries. Over the past time, the company has bravely improved production technologies in a bid to raise the quality of products at clients’ requirements. Its products have so far been exported to more than 30 countries in the world. 

Rubber latex being processed at Phuoc Hoa Rubber SJC

Apartedly, Phuoc Hoa Rubber JSC has expanded its business production activities to Cambodia through setting up its subsidiary named Kampong Thom. Kampong Thom has so far grown 8,200 hectares of rubber trees in a total area of 9,184 hectares granted.

Phuoc Hoa Rubber JSC has also set up a woodwork processing subsidiary named Truong Phat. In the first five months of the year, Truong Phat processed nearly 10,000 cu.m of timber from the old rubber trees and 98% of the subsidiary’s products were also consumed.

Such these apart, Phuoc Hoa Rubber JSC has poured its investment capital into the two projects of Phuoc Hoa residential estate and Tan Binh industrial park while making long-term investment in 8 other projects with a total investment capital since 2011 reaching VND965.4bln.

Emulation movements

Since early this year, Phuoc Hoa Rubber JSC’s Trade Union has launched the 2012 emulation movements among all staff.

Many outstanding collectives and individuals have been discovered from the emulation movements, contributing to promoting the company’s development.

Phuoc Hoa Rubber JSC has also taken good care of the spiritual and material lives of laborers. In the first five months of the year, workers herein enjoyed the average income of VND5.5mln per capita per month together with and many other support policies.

The company also provided VND535mln in loan for 96 laborers with the average level of VND5.5mln per person. Noticeably, its trade union locals of Lai Uyen ,Vinh Binh and Hoi Nghia helped 222 laborers get a total loan of nearly VND1.9bln on credit.

With achievements done over the past time, Phuoc Hoa Rubber SJC were awarded the second-class Independence Medal and many other noble prizes. According to the assessment of a revolutionary veteran, leaders and staff of the company over periods have deserved to be heroes in the renewal period.

Reported by Bao Anh-Translated by K.T