Ha Tinh enterprises confidently move forward

In the context of general economic difficulties, the business community of Ha Tinh has been trying to "overcome the storm", striving to conquer production and business goals, contributing to the socio-economic development of the province.

Flexible solutions to overcome difficulties

Having overcome the difficulty of lacking gasoline supply, this year, Ha Tinh Petroleum Company (Ha Tinh City) regained growth momentum when in the first 9 months of 2023, revenue reached nearly 90% of the yearly plan. This result is a "leverage" for the enterprise to confidently exceed the set target.

What is more exciting is that this year, the income of direct workers at the stores increased by 20% compared to last year. Currently, the average income of the company's employees reaches 14 million VND/person/month.

In 2023, Ha Tinh Petroleum Company plans to sell more than 215,000 m3 of ^gasoline .

Mr. Tran Dai Ha - Director of Ha Tinh Petroleum Company said: “2023 continues to be an extremely difficult year for the business community as the consequences of the COVID-19 pandemic are still lingering. In the difficult context, the company has implemented many flexible solutions to adapt to create growth momentum. It is expected that in 2023, the company's petroleum output will reach over 215,000 ^m3 , an increase of 16% compared to 2022; estimated revenue will reach over VND 3,984 billion, contributing VND 335 billion to the state budget. The amount of money the company sponsors for social security activities in 2023 is about VND 5.5 billion, higher than previous years".

2023 is a difficult year for construction material businesses in Ha Tinh. At Viet Hai Trading and Transport Services Company Limited (Thach Ha district), to compensate for the decline in business, the company has promoted production and construction. Thanks to that, the company's production and business results still grew significantly.

By the end of August, many factories and subsidiaries of Viet Hai Trading and Transport Services Company Limited had completed their plans for the whole year of 2023. This year, the company's total revenue is expected to reach more than 4,500 billion VND.

Viet Hai Trading and Transport Services Company Limited specializes in providing construction materials, ready-mixed concrete, sewer pipes, construction works...

Mr. Pham Kieu Hung - Head of Business Planning Department, Viet Hai Trading and Transport Services Co., Ltd. said: "Not only is the company striving to achieve the highest revenue and profit targets this year, but it also has many strategies to expand its scale of operations. We are carrying out related procedures to invest in building a component manufacturing factory in Nghi Xuan district. If all goes well, construction will begin in 2024. In addition, the company is also planning to increase the capacity of concrete stations and produce Viet Hai branded cement...".

Also maintaining growth momentum, in the first 9 months of 2023, Formosa Ha Tinh Steel Corporation (Ky Anh Town) produced more than 3.4 million tons of various types of steel (up 2.6% over the same period in 2022); thereby achieving revenue of more than 3 billion USD and contributing more than 5,900 billion VND to the State budget.

Formosa Ha Tinh Iron and Steel Corporation is the "locomotive" enterprise in the socio-economic development of Ha Tinh.

As the “locomotive” in the province’s socio-economic development, Formosa Ha Tinh is creating jobs for the largest number of workers in the area with more than 11,300 people, of which more than 10,000 are Vietnamese workers (including contractors). The company is also always proactive in taking the lead in social security activities.

According to Mr. Nguyen Tien Trinh - Vice Chairman, General Secretary of the Provincial Business Association, in 2023, Ha Tinh enterprises and the whole country in general will face countless difficulties such as a sharp decline in orders and high production costs. In these difficulties, many enterprises have taken the challenges as motivation, proactively implementing solutions such as finding new markets, changing technology, expanding sales channels, bringing products to online business platforms, maintaining stability and increasing production and business growth.

Side by side with business development

Along with the determination of all levels and sectors, the efforts and achievements of enterprises have contributed mainly to the province's 9-month GRDP economic growth reaching 7.68%, ranking 2nd in the North Central region and 15th in the country.

Beer production activities at Hanoi - Nghe Tinh Brewery of Hoanh Son Group Joint Stock Company.

According to the Department of Planning and Investment, up to now, the province has about 8,660 operating enterprises. The contribution rate of the business sector to the budget accounts for nearly 79% of the total revenue and about 81% of the total social investment capital in the province. At the same time, the business sector is also creating jobs for more than 88,000 workers.

Mr. Truong Quang Long - Director of Ha Tinh Tax Department said: “In the context of many difficulties and challenges, Ha Tinh business community has made efforts to contribute to the budget and create jobs for local workers. In the first 9 months of 2023, enterprises and cooperatives have maintained, expanded and developed production and business; thereby paying more than 60% of taxes and fees in the total domestic budget revenue. After Ha Tinh announced the provincial planning for the period 2021-2030, with a vision to 2050, Ha Tinh enterprises welcomed many investment waves. This is an opportunity for enterprises to seize the opportunity to transform, bringing Ha Tinh's socio-economic development further".

Giang Nam Petroleum Company has awarded a symbol to support difficult circumstances published in the column "Address of Love" in Ha Tinh Newspaper with the amount of 55 million VND.

Not only playing a key role in economic development, the business community and the business community are always the pioneers in contributing to social security funds, humanitarian charity, and new rural construction. In particular, focusing on activities such as supporting the Fund for the Poor, the Fund to support students with high scores and those in especially difficult circumstances to enter university; building charity houses; giving gifts to the poor and families with preferential policies; building welfare works and schools; supporting school equipment and medical equipment...

In the first 9 months of 2023, businesses that have devoted large resources to supporting social security include: BIDV Ha Tinh (16 billion VND), Agribank Ha Tinh Branch (8.4 billion VND), Viettel Ha Tinh (8.3 billion VND), Giang Nam Petroleum Company Limited (6.4 billion VND)...

The Chairman of the Provincial People's Committee and the delegation congratulated BIDV Ha Tinh on the occasion of October 13.

In the spirit of accompanying businesses, in recent times, all levels and sectors have implemented policies to restore and develop the economy, unleash resources for investment, production and business activities of enterprises; improve the investment and business environment, and enhance investment environment measurement indicators such as PCI and PAPI.

According to Mr. Tran Nguyen Huynh - Director of the Center for Enterprise Development Support and Investment Promotion of the province, in 2022, the Provincial Competitiveness Index (PCI) of Ha Tinh reached the 18th position with 67.18/100 points, belonging to the group of 30 provinces and cities with the best management quality in PCI 2022 and ranked 2nd out of 6 provinces in the North Central region. PCI Ha Tinh in 2022 has grown significantly in terms of ranking and score compared to 2021, and is also the year with the highest score and ranking of Ha Tinh in recent years.

Ha Tinh Tax Department supports taxpayers in declaring administrative procedures.

Accompanying businesses to overcome difficulties, in 2023, the Ha Tinh tax sector continues to implement the Government's support packages. Up to now, the Ha Tinh Tax Department has supported 904 businesses to extend the deadline for tax and land rent payment according to Decree No. 12/2023/ND-CP with a total amount of VND 293 billion; reduced land rent and water surface rent for 2022 according to Decision No. 01/2023/QD-TT for more than 400 businesses with an amount of VND 14.4 billion; debt suspension and debt cancellation of late payment fines and late payment fees according to Resolution No. 94/2019/QH14 for 54 businesses and business households with an amount of VND 16 billion.

Ha Tinh Customs officers supervise customs clearance activities through Vung Ang port.

To support businesses in finding orders and developing product consumption markets, the industry and trade sector has coordinated with units and localities to regularly bring businesses to participate in trade fairs, conferences and exhibitions. In order to promptly remove "bottlenecks" to attract investment and facilitate business operations, the Provincial People's Committee has also established a special working group to remove difficulties for businesses and investors.

Chairman of the Provincial People's Committee Vo Trong Hai, Vice Chairman of the Provincial People's Committee Tran Bao Ha and the working delegation inspected production activities at Vung Ang 1 Thermal Power Plant.

In meetings and conferences assessing the socio-economic situation or working programs with investors and enterprises, Chairman of the Provincial People's Committee Vo Trong Hai affirmed that enterprises are the "backbone" of the economy. To support business development and create a favorable business environment, attracting investors to bring projects to the area, Ha Tinh has drastically simplified administrative procedures, focusing on resolving bottlenecks and inadequacies that hinder business operations.

Ngoc Loan - Phan Tram

Source: https://baohatinh.vn/kinh-te/doanh-nghiep-ha-tinh-vung-tin-tien-buoc/255671.htm