(HBO) – Mr. Hoang Duy Phuong was born in 1950 in a studious poor family. Up to now, in spite of being at the old age, Mr. Hoang Duy Phuong, Director of Nam Son Co., Ltd, is still nimble.

Mr. Hoang Duy Phuong (wearing a hat and standing at the middle)

In 2014, his family boldly borrowed budgets from the bank to establish Nam Son Co., Ltd, and bought stone mines in Yen Binh hamlet, Doan Ket commune in order to exploit limestone for building materials as well as serve the production needs of the people in the area and surrounding areas with the total investment of 8.5 billion VND. Especially, the owned capital was 5 billion VND and the borrowed capital was 3.5 billion VND.

In 2016, in order to implement the Decision No. 1469/QD-TTg dated 22/08/2014 by the Prime Minister about approving the master plan of developing construction materials in Vietnam by 2020 and orienting by 2030, Mr. Hoang Duy Phuong has boldly invested in the production chain of non-baked bricks, and the investment capital of stone quarry and the production chain of non-baked bricks was 21 billion VND.

Currently, all activities at the factory of non-baked brick production of Nam Son Co., Ltd were fully automated. In 2016, the output of brick reached 3 million tablets including some of solid bricks, two-hole bricks and three-wall bricks. In 2017, the output increased to 6 million tables. At the same time, the company continued to invest more in the production chain of Tazero bricks with the investment capital of nearly 900 million VND. Particularly, the budget for support of Hoa Binh province was nearly 194 million VND.

In 2018, Mr. Phuong continued investing to expand the factory and auxiliary works with the total investment of 9 billion VND. Especially, the capital in application support and transfer of science of technology programs in order to service economic and social development in the rural, mountainous and ethnic minorities areas during period of 2016 to 2025 by Ministry of Science and Technology was 4.03 billion VND. It is expected by the end of this year that the chain will be put in operation, and create jobs for about 20 local workers with the average income from 4 to 5 million VND per person per month. The expected output in 2018 of the enterprise will reach about 9.5 billion VND.


Related Topics

Hoa Binh approves investment proposals for 14 new projects

HBO – From the start of 2019, the north western province of Hoa Binh approved investment proposals for 14 projects of domestic investors with registered capital worth nearly 1.58 trillion VND (68.31 million USD), up 1 project and 954.7 billion VND in capital compared to the same period last year.

Kim Boi district intensifies transformation of cultivation structure

HBO – In 2018, Hoa Binh planted about 3,437 hectares of vegetable and bean of different kinds, up 18.9 percent over the previous year. With an average yield of 12-14 tonnes per hectare and output of 4,100 – 4,800 tonnes, the plants bring about an income of 80-130 million VND per hectare each crop for farmers, continuing to create more imprints in local agricultural production.

Connectivity in Da River fish production and consumption proves effective

HBO – Hoa Binh lake is one of the largest man-made lakes in the northern mountainous province of Hoa Binh, spreading about 8,900 hectares in 19 communes of Hoa Binh city and four districts. With a diverse aquatic ecosystem and clean water, the lake is home to many precious, endemic species of fish, which is favourable for fish breeding. Over the past time, many organisations and individuals have invested and partnered in breeding Da River fish under the value chain, ensuring food safety and meeting market demands.

Hoa Binh expects breakthrough surge in export turnoverv

HBO - Hoa Binh newspaper has an exclusive interview with Pham Tien Dung, Director of the provincial Department of Industry and Trade, on the sector’s efforts to create a breakthrough in the province’s exports this year.

Mobilizing the resources to build Luong Son district into an urban area of type IV

HBO - On May 11/2012, the Standing Committee of Hoa Binh Province issued Resolution No. 06-NQ/TU on mobilizing the resources to build the central area of Luong Son district into an urban area of type IV, creating a premise for the early establishment of Luong Son town.

Protecting "Made in Vietnam" brand

According to the European Union (EU) statistics, the export of electric bicycles from Vietnam to the EU has been increasing sharply with nearly 139,000 units in 11 months of 2018, worth EUR66.9 million, an increase of 47.4% in terms of numbers and 22.6% in terms of export value over the same period in 2017.