Nghe An Petroleum Company received the First Class Labor Medal

(Baonghean.vn) - On December 6, in Vinh City, Nghe An Petroleum Company solemnly held a ceremony to celebrate its 60th anniversary and receive the First Class Labor Medal (2nd time).

Attending the event were comrades: Truong Dinh Tuyen, former Minister of Trade, Ho Thi Kim Thoa - Deputy Minister of Industry and Trade and leaders of Vietnam National Petroleum Group.

On the side of Nghe An province, there were comrades: Nguyen Xuan Duong - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee; Cao Thi Hien - Member of the Provincial Party Committee Standing Committee, Vice Chairman of the Provincial People's Council, together with representatives of provincial departments, branches and sectors and officers and employees of Nghe An Petroleum Company through the periods.

Delegates attending the celebration ceremony.

On December 29, 1956, the Ministry of Commerce issued Decree No. 466/BTN establishing the Vinh Petroleum Company and General Warehouse (the predecessor of Nghe An Petroleum Company), marking the beginning of the formation and development of the petroleum industry in the North Central region.

Through the historical stages of the country, Nghe An Petroleum Company has gradually developed strongly, actively contributing to the cause of national liberation and building and protecting the Fatherland.

Mr. Nguyen Sy Van, Chairman and Director of Nghe An Petroleum Company reported on the outstanding results of the company's 60-year construction and development process.

Over the past 60 years, under many different names, the Company has continuously strived for sustainable development in many aspects. Up to now, the Company has a staff of nearly 600 officers and employees; the business network and technical facilities are continuously expanded and modernized, meeting the requirements of economic and social development in the area.

In 2001, the Company had only 24 petrol stations, but now has a modern, civilized retail network of 70 stations with 75 points of sale spread across districts, cities and towns in the province. With an annual output growth rate of 7-8%, it occupies approximately 50% of the retail petrol market share in the area.

Authorized by the President, Comrade Ho Thi Kim Thoa, Deputy Minister of Industry and Trade, awarded the First Class Labor Medal to the Nghe An Petroleum Company.

Timely grasping the situation and forecasting the growth in demand for gasoline and oil with the socio-economic development in the area, the Company has restored and upgraded the storage capacity of gasoline and oil warehouses, reaching 22,800m in 2001.³, in 2009 reached 46,800m³By 2014, the upgrading of two petroleum depots, Nghi Huong and Ben Thuy, will be completed, increasing the total capacity to 56,800m³, becoming a complete port warehouse cluster, helping the company to receive ships up to 18,000m³enter the goods

Deputy Minister Ho Thi Kim Thoa awarded Certificates of Merit from the Prime Minister to individuals.

Thanks to the creativity and great efforts of the staff, the Company's business results have continuously developed sustainably. The petroleum output in 2005 reached 230,000 m³By 2015, Nghe An alone reached 330,000 m³ and always maintain the leading position in market share.

Profit in 2005 reached 9.5 billion VND, by 2015 it reached 56 billion VND. Thanks to effective business, the company actively paid high state budget, in 2005 it paid 84 billion VND, in 2010 it paid 330 billion VND, in 2016 it is expected to pay domestic tax of nearly 700 billion VND.

Chairman of the Provincial People's Committee Nguyen Xuan Duong awarded the Third Class Labor Medal to Mr. Nguyen Sy Van, Chairman and Director of Nghe An Petroleum Company.

60 years of construction and development, the Company has made worthy contributions to the development of the Vietnam National Petroleum Group, Nghe An province, and together with the whole country, made glorious victories in the resistance war against the US to save the country, contributing to the cause of industrialization and modernization.

In recognition of the Company's achievements and contributions, the Party and State awarded the title of Hero of the People's Armed Forces in 1995, Hero of Labor in the Renewal Period in 2005, Third Class Independence Medal in 2001, Second Class Independence Medal in 2011, and many other noble awards to the Company's collectives and individuals over the years.

Comrade Nguyen Xuan Duong presented a banner from the Provincial People's Committee to Nghe An Petroleum Company celebrating 60 years of construction, development and integration.

On the occasion of the 60th anniversary of its establishment, the Company continues to be honored to receive the First Class Labor Medal (for the second time) awarded by the Party and the State to the Company's staff and employees for their outstanding achievements, contributing to the cause of building socialism and defending the Fatherland in the period 2011-2015.

Mr. Nguyen Sy Van - Chairman and Director of the Company was awarded the Third Class Labor Medal by the President; and 3 individuals were awarded Certificates of Merit by the Prime Minister.

On this occasion, the People's Committee of Nghe An province also presented the Company with a banner bearing the words "Nghe An Petroleum Company 60 years of construction, development and integration".

Comrade Nguyen Xuan Duong, Chairman of the Provincial People's Committee spoke at the ceremony.

Speaking at the ceremony, Chairman of the Provincial People's Committee Nguyen Xuan Duong, on behalf of the provincial leaders, acknowledged the contributions of Nghe An Petroleum Company in the past 60 years of development. The company is one of the leading commercial enterprises in the province, and is also one of the enterprises that contributes the highest budget to the province. Preparing to enter the new year 2017, I hope that the unit will continue to promote the tradition of the past 60 years, increasingly innovate, develop more sustainably, and contribute more to the overall development of the locality.

A business store of Nghe An Petroleum Company.

Also at the ceremony, Deputy Minister of Industry and Trade Ho Thi Kim Thoa highly appreciated the contributions of Nghe An Petroleum Company over the past 60 years. Currently, the country is increasingly integrating deeply with the world community, competition is increasingly fierce, hoping that with solidarity and great efforts in the collective, the company will continue to innovate, develop and contribute to the socio-economic development of Nghe An in particular and the whole country in general; at the same time, continue to share humanitarian charity activities with the social community./.

Quynh Lan