Esquel
Vietnam Company is operating fruitfully at the Luong Son Industrial Park, creating
jobs for 4,000 labourers, up from 3,000 jobs in 2016. Photo: L.C
Esquel Vietnam Company Co. Ltd. is a
typical example in terms of job generation and care for labourers. Staring
operation in 2013, the company has focused on upgrading technologies, applying
environmentally-friendly production methods and expanding production scale. The
company has maintained its stable development and generated jobs for workers.
In 2017, Esquel Vietnam has recorded impressive growth by churning out an
additional 50,000 products, up 30 percent compared with the previous year. The
number of its partners also increased from 15 to 19. Therefore, the company’s
revenue also rose by 30 percent. In 2017, it has employed 1,000 workers,
raising its total number of labourers to more than 4,000.
Doosung Tech Vietnam Co. Ltd., a whollly Korean-invested company which produces
and assembles electronic components for Samsung, has a total investment capital
of about 200 billion VND. The company’s orders have remained stable and its
workforce rose from 600 to 1,700. By the end of November, Doosung Tech Vietnam
had raked in 115 million USD in revenue, over-fulfilling its set target of 98.9
million USD, up 5 percent year-on-year. The provincial Department of Labours, War
Invalids and Social Affairs has suggested the IPMB present an award to Doosung
Tech Vietnam for its successful implementation of legal regulations towards
labourers.
Almine
Vietnam Company’s turnover also edged up by 15-20 percent after one year of
operation. Other companies like HNT ViNa, Nissin Manufacturing Vietnam, Seyong INC
and Midori Apparel Vietnam in the Luong Son Industrial Park, and Sankoh at Bo
Trai Song Sa (Da River Left Bank) Industrial Park have also contributed to revenues,
export, job generation and State budget in Hoa Binh.
Besides, many other businesses have shown their interest in investment projects
at local industrial parks. The Mong Hoa Industrial Park alone has attracted
four more projects, including a 250 billion VND fruit juice project, a 150
billion VND plywood project, a 100 billion VND project producing medical
equipment and a fertilizer project worth 25 billion VND.
To
date, the provincial industrial parks are home to 72 projects, including 22
foreign direct investment (FDI) projects with a total capital of 438.4 million
USD and 50 domestic projects valued at nearly 7.6 trillion VND. Of those 45
projects have been put into operation, generating jobs for 16,230 workers, of
whom nearly 90 percent are local people.
Hoa
Binh province is expected to fulfill its targets of industrial park development
set for 2017. Those regarding project attraction and job generation are hoped
to be surpassed.
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