Government delegation inspects production and business situation at some enterprises in the province

On the afternoon of June 25, the Government delegation led by Mr. Tran Van Son, member of the Party Central Committee, Minister, and Chairman of the Government Office, had a working session with Ninh Binh province on the situation of production, business, public investment, infrastructure construction, and import and export in the province.

Government delegation inspects production and business situation at some enterprises in the province

The working group inspected the operations at CFG Glass Factory.

The working delegation included representatives from a number of central ministries, departments and branches.

Receiving and working with the delegation from Ninh Binh province were comrades: Pham Quang Ngoc, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee; Tong Quang Thin, Member of the Provincial Party Standing Committee, Permanent Vice Chairman of the Provincial People's Committee; leaders of departments, branches, sectors and a number of related districts and cities.

The delegation inspected the production and business situation at Tam Diep Cement Factory. According to the report of the enterprise's leaders: Tam Diep Cement Factory Project has been in operation since 2004. In 2023, the project's revenue reached 1,215.9 billion VND, export value reached 26.4 million USD, budget contribution was 16.65 billion VND; employing 618 workers, average salary reached 12 million VND/person/month. In the first 6 months of 2024, revenue is estimated at 712.7 billion VND (up 10.8% over the same period in 2023); export value is estimated at 13 million USD, budget contribution is estimated at 7.8 billion VND; average salary is 12 million VND/person/month.

government — The delegation inspected the production and business situation at Tam Diep Cement Factory.

With the general fluctuations of the world economy as well as the domestic economy, the Company is currently facing some difficulties in product consumption; fierce competition in cement exports leads to a sharp decrease in export prices; the reality of large oversupply, high inventory; high prices of input materials such as coal, electricity... However, product consumption prices have decreased, thus significantly affecting the production, business situation as well as the lives of workers.

Also during the inspection session of the Working Group, business representatives also recommended and proposed a number of measures to remove difficulties for the real estate and housing market in order to increase domestic cement demand; consider and manage the granting of new construction and expansion of production lines in areas and regions with high density of cement production lines or located far from raw material areas; have solutions to stabilize prices and supply of construction materials to stimulate domestic cement market demand; create conditions for businesses to access reasonable production materials...

In addition, businesses hope that the Government will have solutions so that businesses can enjoy policies on taxes, exports, support to reduce loan interest rates, and guide the Company to account for some assets attached to land that have been transferred to localities...

At CFG Glass Factory (Ha Long Float Glass Company Limited - CFG) in Khanh Cu Industrial Park, Yen Khanh District, the Government delegation inspected the actual production and listened to reports on the production and business situation of the enterprise.

Accordingly, the Project has been in operation since 2017. In 2023, the project's revenue will reach VND 2,495 billion, export value will reach USD 4.2 million, budget contribution will be VND 21.15 billion; employing 836 workers, average salary will reach VND 8.7 million/person/month. In the first 6 months of 2024, revenue is estimated at VND 1,208 billion, up 21% over the same period in 2023; budget contribution is estimated at VND 26.3 billion.

The company is facing many difficulties in product consumption, increasing production costs, high input material prices. In addition, domestically produced glass products have to face fierce competition with imported glass products, especially from Southeast Asia (0% tax rate) and Vietnam has no technical barriers to reduce foreign competition.

The enterprise hopes that the Working Group and the People's Committee of Ninh Binh province will consider and soon have measures and plans to report to the Prime Minister for timely policies to remove difficulties for enterprises, stabilize production, business and workers' lives.

After inspecting the situation at two enterprises representing the construction materials industry of Ninh Binh province, Minister and Head of the Government Office Tran Van Son highly appreciated the efforts of the enterprises in production and business as well as ensuring a stable life for workers. However, through understanding the reality, he also realized that the production and consumption of products of export enterprises are facing many difficulties, due to objective reasons affected by domestic and foreign markets.

He hopes that businesses will continue to unite and make more efforts to have effective production and business plans and expand the consumption market.

Regarding the recommendations of enterprises, the Minister acknowledged and will report to the Government and the Prime Minister to have a comprehensive solution to remove difficulties for enterprises nationwide in general and enterprises in the fields of export and construction materials in particular.

Nguyen Thom - Anh Tuan