Truong An Company Limited (Thuy Danh) Do Luong district is currently the official distributor of product lines of famous brands such as: Vicem Hoang Mai Cement, Song Lam Cement, Long Son Cement, Nghi Son Cement, especially Kyoei steel, Japanese steel, Tisco steel, Viet Duc square steel...
In addition to the cement and steel sector, in recent years, Truong An Company Limited (Thuy Danh) has also developed the production of high-quality ready-mixed concrete and reinforced concrete piles. Currently, the Company has built a wide distribution network in Nghe An market and the North Central provinces.
However, from 2022 to the beginning of 2023 until now, the construction materials business has been negatively affected by the global economic recession, high inflation, rising fuel prices, and slow consumption of goods. Tight monetary policies and increased interest rates have affected the Company's production and business activities.
Faced with the above difficulties, the Company has made efforts to overcome difficulties, flexibly providing appropriate solutions and business strategies to stabilize production and create jobs for workers. The unit focuses on in-depth investment to improve production capacity, especially investing in highly automated equipment to improve quality and diversify construction material product designs, contributing to improving production and business efficiency.
Along with production and business activities, Truong An Company Limited (Thuy Danh) also focuses on taking care of the lives of workers. A worker of Truong An Company Limited (Thuy Danh) shared: "I have been working at this company for more than 10 years, the salary, bonuses and other benefits and regimes are fully implemented by the company, on time according to regulations. For workers like us, such conditions are basically good. The family's life is basically stable with an income ranging from 8-10 million VND/month".
In addition, every year the Company organizes vacations and tours for employees, creating motivation for all workers to work more effectively.
Mr. Tran Duc Danh - Director of Truong An Company Limited (Thuy Danh) shared: Employees always accompany and stick with the company, so we must acknowledge their dedication. Even during the economic crisis, the company faced many difficulties, but we always paid full salaries to employees so that they could work with peace of mind, support themselves and their families.
To improve the material life of staff, workers and employees, the company always sets out clear and transparent salary and bonus policies and implements them in accordance with the policies. Quarterly, the company organizes meetings and direct dialogues between employees and employers to resolve all concerns and questions of employees; at the same time, orienting employees to know the company's development goals and strategies.
Since the beginning of 2023, with great efforts and determination, Truong An Company Limited (Thuy Danh) has been operating quite stably, paying all taxes to the State with over 10 billion VND; creating stable jobs for over 500 employees with salaries from 8 - 10 million VND/person/month. The company has paid social insurance for 75% of employees. Since the beginning of 2023, the company has also allocated 500 million VND to help people in difficult circumstances and other charitable activities.
Mr. Tran Duc Danh - Director of Truong An Company Limited (Thuy Danh) added: In the context of the global recession, the real estate market "froze", businesses had an imbalance in cash flow, delayed payments... which directly affected the production and trading of construction materials of the Company. To cope with the difficulties, the Company will seek to expand new markets, focusing strongly on the civil market segment to increase revenue growth.
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