The Vietnam National Chemical Group (Vinachem) targets a 7.2 percent yearly increase in its industrial production value to more than 45 trillion VND (2.14 billion USD) and an equal rise in revenue to over 49 trillion VND (2.33 billion USD) in 2015.
Vinachem posted an industrial production value of roughly 42 trillion VND (2 billion USD) and a revenue of 46 trillion VND (2.19 billion USD) last year, up by 2.2 percent and 5 percent against 2013, respectively.
Meanwhile, its export turnover stood at 231 million USD, the group reported.
At a January 16 conference setting tasks for this year in Hanoi, Vinachem General Director Nguyen Gia Tuong said the 2014 figures were still lower than expected, adding that three out of its 29 affiliates suffered from losses while some others reduced production, affecting employees’ income.
To realise objectives for 2015, the group plans to employ comprehensive measures to boost its subsidiaries’ performance, step up restructuring its organisation, and accelerate key projects such as the expansion of the Ha Bac Nitrogen Fertilizer Plant and the building of antibiotic material and ammoniac factories, said Nguyen Anh Dung, Chairman of the group’s member council.
It will also embark on development plans designed for key products as well as the group as a whole, he added.-VNA
Vinachem posted an industrial production value of roughly 42 trillion VND (2 billion USD) and a revenue of 46 trillion VND (2.19 billion USD) last year, up by 2.2 percent and 5 percent against 2013, respectively.
Meanwhile, its export turnover stood at 231 million USD, the group reported.
At a January 16 conference setting tasks for this year in Hanoi, Vinachem General Director Nguyen Gia Tuong said the 2014 figures were still lower than expected, adding that three out of its 29 affiliates suffered from losses while some others reduced production, affecting employees’ income.
To realise objectives for 2015, the group plans to employ comprehensive measures to boost its subsidiaries’ performance, step up restructuring its organisation, and accelerate key projects such as the expansion of the Ha Bac Nitrogen Fertilizer Plant and the building of antibiotic material and ammoniac factories, said Nguyen Anh Dung, Chairman of the group’s member council.
It will also embark on development plans designed for key products as well as the group as a whole, he added.-VNA
