Formosa Ha Tinh insists on the role of the head of the industrial ship

27/04/2022

In the first 3 months of the year, Hung Nghiep Formosa Ha Tinh Iron and Steel Co., Ltd. (FHS) continued to achieve exciting results in production, business, and momentum in 2022.

Air production at Son Duong port – Formosa Ha Tinh.

Stabilizing production in the face of market fluctuations and the impact of COVID-19, in the first months of 2022, FHS continues to create a new momentum with positive results. According to FHS report, in the first quarter of 2022, the total steel consumption of FHS reached 1.275 million tons with the main products are hot rolled steel, wire steel, square bar workpiece… Son Duong port has received 175 ships, unloading more than 4.3 million tons of goods, in which, concentrated in items: coal, iron ore, steel products…

Truck transports rolled steel to Son Duong port for export.

With a large number of imported raw materials and steel products, from the beginning of the year to now, the company has contributed to the total import and export turnover of Ha Tinh nearly 1,161 million USD (of which, more than 70% is import turnover), paying the State budget more than 76 million USD (accounting for more than 90% of the total budget revenue of Vung Ang Port Customs Department).

Truong Quang Long – Deputy Director of Ha Tinh Tax Department said: “FHS is the largest State budget paying enterprise in the province for many years. From $220 million in 2020, by 2021, FHS has paid over $300 million… Those numbers represent the company’s major role in promoting socio-economic development of Ha Tinh in particular and the whole country in general. In addition, in the first 3 months of 2022, FHS also paid domestic taxes of nearly VND 350 billion ”.

It is expected that in 2022, FHS will consume nearly 6.7 million tons of finished steel.

In parallel with production, FHS also focuses highly on promotion for the consumption of finished steel products. In addition to domestic consumption, so far, FHS’s steel products have reached and been present in many markets such as the US, Italy, Mexico, Spain… FHS is expected to consume nearly 6.7 million tonnes of finished steel in 2022.

Mr. Pham Tran Huynh – Deputy Head of the Provincial Economic Zone Management Board shared: “Despite being affected by a lot of objective factors from world economic fluctuations, the COVID-19 pandemic, FHS still maintains the pace of production, ensuring the lives of thousands of workers. The fact that FHS continuously has a steady growth in the first months of 2022 also contributes to the “attraction” for many enterprises and investors to Ha Tinh. With the results achieved, FHS is expected to continue to promote its leading role in production development, becoming a strong driver for the business, trade and service sectors of Vung Ang Economic Zone in particular and Ha Tinh in general. ”.

Formosa Ha Tinh presents gifts to poor households in Ky Trinh ward at the end of 2021.

Persevering the motto “sustainable production and business, dedication to society”, FHS continues to implement many social protection activities in the whole province. Since it was put into operation, the company has spent on school construction activities, community support, rescue… more than 5 million USD. In particular, the annual budget to support the operation of child care centers, orphanage villages, orphanages… in the area amounts to billions.

On a monthly basis, from 2016 to date, FHS has appropriated the amount of 10 million VND to support the community of Doi Sai community in Dong Yen parish (Ky Anh town) and 5.6 million VND for Ha Tinh Orphanage Village.

Representative of Formosa Ha Tinh visited the family of Thong Thi Thuy Dung.

In particular, in social protection programs, FHS always gives priority to supporting encouragement activities with scholarships to accompany poor students to study well. From the company’s study promotion fund, many poor students have conditions to strive for good learning.

Thong Thi Thuy Dung (Hai Thanh village, Ky Loi commune) – student of Da Nang Polytechnic University is one of many poor students of Ky Anh Town who received a fellowship from FHS. The poor family, the father alone “feeding rooster” eats, Thuy Dung’s learning path is still unfinished, in the 11th grade year, he received support from FHS.

Mr. Thong Van Cuong prepares to fish before setting sail.

The scholarship is VND 5 million/year for high school and VND 10 million/year at university, which has helped Thuy Dung pursue his dream. Mr. Thong Van Cuong (Thuy Dung father) moved to share: “The help of FHS has helped my family have a great focal point for my daughter to continue to fulfill her dream of going to university”.

Regularly every month from 2016 until now, Formosa Ha Tinh has supported the Community of Missionaries of Charity in Dong Yen parish with 10 million VND per month.

Since the COVID-19 outbreak, FHS has been working with the Ha Tinh government and local people on disease prevention. Since the beginning of 2022, FHS has awarded the UK TX 10,000 COVID-19 test kits and funding support for Mitraco quarantine (Ky Thinh Ward, UK TX) for a total amount of more than VND 450 million.

Source: Bao Ha Tinh

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