PM Phuc visits war invalid-run firm in Hai Phong

Friday, 2017-09-01 21:31:50
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PM Nguyen Xuan Phuc visits the Quang Minh War Invalid Enterprise in Hai Phong on September 1. (Credit: VGP)
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NDO/VNA – Prime Minister Nguyen Xuan Phuc visited an enterprise set up and run by war invalids in Ngo Quyen district, Hai Phong northern port city, on September 1.

The PM said the Party, State and people always keep in mind the sacrifice that war martyrs and war invalids have made for national liberation and reunification.

He lauded the firm for well implementing social welfare policies for its employees, while expanding its operation and investment nationwide.

The PM expressed his hope that the company’s Director Board, employees, particularly the war invalids will continue promote the tradition and good virtues of Uncle Ho soldiers and national heroes in production.

He also asked local authorities and relevant bodies to facilitate the firm’s operation.

Established on June 5, 1996 with initial capital of just VND250 million (US$11,000) and a staff of 35 war invalids, the Quang Minh War Invalid Enterprise now has hundreds of employees, in which more than half are war invalids, veterans, relatives of policy beneficiaries. The firm’s capital now has reached VND500 billion (US$22 million).

Besides the headquarter in Hai Phong, the enterprise has three branches in Ho Chi Minh City, the northern province of Quang Ninh and Hanoi. In 2016, it earned VND140 billion (US$6.16 million) in revenue. Its workers earned VND4.2 million (US$184) per month on average.

The firm plans to invest in four factories producing non-fired bricks, ground clinker, activated Calcium Oxide, asphalt concrete, worth a total of VND1.2 trillion (US$52.8 million).