During his inspection tour of the plant in the northern province of Bac Giang, PM Chinh requested greater efforts to complete the restructuring of the plant in August this year under the instruction of the Government.

PM Pham Minh Chinh visits the Ha Bac Fertiliser Plant.

He emphasised the need to closely following the direction of the Politburo in the process of restructuring in order to ensure suitability, feasibility and effectiveness, thus serving the national agricultural development.

The restructuring should be implemented in the direction of diversifying products; improving labour productivity; and renovating production processes, towards building a green, clean, and sustainable factory and ensuring jobs and incomes for its employees, he stressed.

Apart from participating in handling arising problems, the provincial authorities must regularly perform its inspection and supervision tasks in order to ensure that the handling of difficulties and obstacles is feasible and effective, he said.

The project to upgrade and expand the Ha Bac Fertiliser Plant aimed to raise its annual capacity to 500,000 tonnes from 180,000 tonnes.

Invested by the Ha Bac Fertiliser Ltd, Co., the project had a total investment of 568.6 million USD and uses modern technologies to protect the environment and save energy.

However, after it was put into operation seven years ago, many problems have arisen in recent years, especially those related to the environment and finance.

Representatives from relevant ministries and agencies attributed the weaknesses in the project to the fact that the project development was not closely based on reality, failing to evaluate the capital structure, debt payment, and loan interest rate, resulting in huge financial costs.

Deputy PM asks to create maximum convenience for people, businesses

Deputy Prime Minister Pham Binh Minh chaired the eighth meeting of the National Steering Committee on ASEAN Single Window, National Single Window and Trade Facilitation (Commission 1899) in Hanoi on August 5.

Businesses enhance disease prevention, keep production safety

(BGO) – Amid complicated development of some infectious diseases in Bac Giang province, the businesses have focused on implementing preventive measures to ensure labours’health and production safety.

85% of businesses expect better situation in Q3

Up to 85% of enterprises in the manufacturing and construction sectors expected better and stable business situation in the third quarter of this year, while only 15% predicted that the situation may be tougher, according to a survey conducted by the General Statistics Office (GSO).

Digital transformation key to helping businesses catch up with market opportunities

Digital transformation is considered the key to helping businesses overcome the current difficult period, seize market opportunities and recover strongly, heard a seminar held in Ho Chi Minh City on July 14.

National Employment Fund helps young people in Bac Giang start business

(BGO) – There are more and more youth-owned agricultural production and services models and projects, actively contributing to the socio-economic development of localities in Bac Giang province. Local young people have been supported with preferential loans from the National Employment Fund to start a business.

Source: NDO/VNA