During its development journey, Mitraco has made many contributions to industry, agriculture, trade and services, contributing to increasing budget revenue, creating jobs for the locality and implementing many meaningful social security activities in Ha Tinh.
Production activities at Thien Loc Animal Feed Joint Stock Company.
When mentioning the Ha Tinh Minerals and Trading Corporation (Mitraco), we must mention its contributions to the industrial sector, especially in the field of mineral exploitation and processing. This is the field that initiated the formation of the Corporation because the predecessor of Mitraco was the Ha Tinh titanium mining, processing and export company.
Mining and deep processing of minerals has also been a strategic and spearhead field of the unit over the past 20 years. Promoting its strengths, Mitraco always focuses on investing in modern machinery, equipment and production lines to increase productivity and enhance product value. Mitraco's industrial products such as ilmenite, zircon, superfine zircon powder, rutile, gypsum products, etc. are currently available in the domestic market and in many countries.
Gypsum mining and processing activities, Vilaco annually contributes 35 - 40% of revenue and profit to Mitraco.
Operating in the field of gypsum mining and processing, Viet Lao Company Limited (Vilaco) is a pillar for the sustainable development of the Corporation. Mr. Nguyen Manh Hung - Director of Viet Lao Company Limited said: “In 2004 - the first year of operation, the company's revenue was only 40 million VND, by 2022 it had reached more than 400 billion VND, the profit transferred to the Corporation since its establishment to date has reached more than 7.6 million USD. Every year, Vilaco contributes 35 - 40% of the revenue and profit to the Corporation. Not only contributing economically, being a unit located in Laos for nearly 20 years, Vilaco has also contributed to strengthening the relationship between Ha Tinh - Khammouane province and Vietnam - Laos in general".
Mitraco's mark is still strong in Ha Tinh's agricultural sector as a pioneer in developing industrial farm livestock in the province.
Nearly 20 years ago, Mitraco Ha Tinh invested in developing the livestock sector. At that time, the province was mainly small-scale household livestock farming, with no large-scale industrial models. Implementing the province's policy on agricultural, farmer and rural development, in conjunction with the Corporation's strategy of diversifying industries and products, Mitraco researched, surveyed and made a breakthrough in investing deeply in the agricultural sector, industrial livestock production, and modern goods.
Mitraco is a pioneer in developing industrial livestock farms in the province.
Currently, Mitraco's pig breeding products are available at large-scale farms in many provinces and cities, and pork products are also supplied to the market nationwide. In particular, economic models and satellite livestock farms associated with Mitraco have gradually improved economic efficiency, created jobs, and provided stable income for thousands of workers, contributing positively to socio-economic development and new rural construction in localities.
As the leading unit in the livestock sector of the Corporation, Mr. Ho Sy Huy Thao - Director of Mitraco Livestock Company said: "The company has applied scientific and technical advances, veterinary and environmental protection processes, strictly and closed, ensuring disease safety. In recent years, the company's revenue has reached over 400 billion VND/year. We currently have nearly 50 satellite households producing sows and commercial pigs, 90% of which are closed barn technology, with clusters of farms of 1,000 - 3,000 pigs/litter in communes across the province".
Along with industry and agriculture, Mitraco Ha Tinh has also continuously expanded and developed seaport services. Promoting the potential and advantages of Vung Ang port, Lao-Viet International Port Joint Stock Company (under Mitraco) has maximized seaport services, effectively serving the transportation of goods through the port, contributing greatly to the socio-economic development of the province.
Lao - Viet International Port Joint Stock Company has fully exploited seaport services, making great contributions to the socio-economic development of the province.
On average, each year, the cargo throughput through the two ports No. 1 and No. 2 operated by Lao - Viet International Port Joint Stock Company reaches over 3.6 million tons/year. To meet the demand for cargo transportation, the unit has invested in an additional port No. 3 with a total investment of nearly 1,000 billion VND and is expected to be operational by the end of 2023. More specifically, each step of development of the enterprise further enhances the Vietnam - Laos friendship in Ha Tinh, contributing to strengthening the local foreign affairs.
Mitraco's contribution to the socio-economic development of Ha Tinh also bears the mark of many member units such as: Thien Y Joint Stock Company, Thien Loc Animal Feed Joint Stock Company, Mineral Exploitation and Processing Enterprise, Ha Tinh Agricultural and Forestry Development Joint Stock Company...
Mitraco Ha Tinh has received many noble awards from the Central and the province.
2023 marks the 20th anniversary of Mitraco Ha Tinh's establishment. During the process of construction and development, despite ups and downs, Mitraco has affirmed its role as one of the "leading birds" of Ha Tinh's economy, making many contributions to industry, agriculture, trade - services, job creation, contributing to increasing budget revenue, promoting local economic development.
Mitraco General Director Le Viet Thao said: “The total revenue of the company in 20 years reached 22,543 billion VND. To date, Mitraco has also paid more than 1,000 billion VND to the budget. With 14 affiliated units, Mitraco is currently creating jobs for more than 1,000 workers. Not only focusing on production and business, the company regularly organizes activities to care for and encourage the lives of workers. The average income of the Corporation's employees is currently 8.6 million VND/person/month”.
Mitraco supports 300 million VND for the "Fund to Support Students with High Scores and Difficult Circumstances to Enter University"
Besides its role in economic development, Mitraco is one of the active units in social security and humanitarian charity activities in the locality and neighboring Laos.
Over the years, the Corporation has supported people in mining communes to build many welfare projects such as schools, sanitation facilities, clean water, electricity, etc. with a total value of about 70 billion VND; supported charity funds, funds for the poor, education promotion funds, etc. with about 60 billion VND. The unit has also paid attention to supporting and sponsoring communes to build new rural areas, and has carried out many meaningful tasks.
Ngoc Loan
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