Nui Phao Mining praised by Secretary of Thai Nguyen Provincial Party Committee for its significant contribution to the state budget

Feb 13, 2023

“In 2022 despite facing numerous difficulties and challenges the province of Thai Nguyen successfully implemented the “dual goal”, which included effective epidemic prevention and control and socioeconomic development, with many significant achievements thanks to the prompt and strong leadership of the Party Committee, drastic and flexible administration at all levels of government, and especially the efforts of the business community and our people”, said Ms. Nguyen Thanh Hai, Secretary of Thai Nguyen Provincial Party Committee at the province’s Business Meeting on February 10.

At the meeting Ms. Nguyen Thanh Hai also emphasized that in 2022 the economy continued to grow and achieved an increase by 8.59%, higher than the national average (8.02). Over 31 billion USD in total export revenue was generated, placing the province fourth nationwide; In 2022, budget income exceeded VND 19,100 billion, a record-breaking amount that was 30% greater than the Prime Minister’s original plan.

According to the Provincial Party Committee Secretary, the province’s business community and entrepreneurs played a crucial role in these accomplishments.

With a great resilience and a strong will to overcome obstacles, enterprises have been inventive and creative in their production and business practices and have fulfilled their commitments to the State budget, with the following enterprises making significant contributions: Samsung Electronics Vietnam Thai Nguyen (SEVT), Samsung Electro-Mechanics Viet Nam (SEMV), and Nui Phao Mining Company. These enterprises have provided stable jobs for hundreds of laborers, while at the same time making a positive contribution to the province’s socioeconomic development, hunger elimination and local poverty alleviation.

Data from Nui Phao Company show that despite numerous difficulties, in 2022 Nui Phao still achieved an increase in revenue compared to fiscal year 2021. The company contributed 1,192 billion dong to the budget, up 345 billion dong from fiscal year 2021.

Speaking to business representatives on the occasion of the Lunar New Year, the Secretary of the Thai Nguyen Provincial Party Committee committed to creating the most favorable conditions and quickest administrative processes to support businesses and investors. “Under the motto “The health of enterprises is the health of the economy”, businesses and entrepreneurs are partners in the growth of Thai Nguyen province”, acclaimed Ms. Nguyen Thanh Hai.

Source: Thai Nguyen Portal