Hoa Thuong Enterprise and the desire to rise up
(Baonghean) -...After 20 years of establishment, Hoa Thuong Company Limited has grown to be known as a leading bird in the commercial sector, honored at the Patriotic Emulation Congress of Nghe An province for the period 2015 - 2020. That result marked the special mark of veteran Nguyen Thu Thuong - Director of the Company.
Determined to affirm the brand
In 1974, Mr. Nguyen Thu Thuong joined the army and participated in the resistance war against the US. After the country was reunified, he was sent to study and transferred to work at the Fuel Materials Company under the Nghe An Department of Commerce.
In 1999, he retired in the context of his family and hometown in the early period of renovation, economic and social life faced many difficulties, but with the will of Uncle Ho's soldier, with the advice and help of his brothers and friends, he started the construction materials production and business industry. In April 2000, he established a limited liability company with a very simple name: Hoa Thuong; initial charter capital of 1 billion VND, 10 employees. At that time, the infrastructure for business was still poor, means of transport, locations, and sales positions were temporarily rented.
After 20 years of construction and development, Hoa Thuong Company Limited, directed by veteran Nguyen Thu Thuong, has increased its charter capital to increase its financial capacity and enhance its competitiveness; currently, the company has a charter capital of 48 billion VND.
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| Concrete production and purchasing locomotives for construction are currently the investment priorities of Hoa Thuong enterprise. Photo: Thu Huyen |
Since its establishment, Hoa Thuong Company Limited has increasingly affirmed its brand in the province and outside. With the State's expansion investment policy, more and more entertainment centers, apartment buildings, and hotels are being built, and roads are being upgraded, leading to an increasing demand for construction materials. To serve the production and business process, in addition to trading in construction materials, in 2017, the company invested in the production of concrete mixing plant lines and purchased locomotives to serve the construction process.
From promoting the spirit of self-reliance, self-improvement, tireless work, creative exploration, daring to think, daring to do, up to now, Hoa Thuong Company led by Captain Nguyen Thu Thuong has 100 vehicles of all kinds, a 7-storey office building with a floor area of 15,000 m2.2, located on an area of 4,500m2at block 12, Doi Cung ward - Vinh city to be used as company office, dealer office and construction materials supermarket.
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| Concrete mixing station of Hoa Thuong Company Limited. Photo: Thu Huyen |
The scale of the business is growing, the Company's revenue reaches more than 155 billion VND, creating stable jobs for 135 employees. Despite the economic and market price fluctuations, the Company still affirms its position to develop, with average revenue increasing by 6.2%; number of employees increasing by 14%; average income of employees increasing by 19% and strictly fulfilling its tax obligations to the State.
Responsibility for the community
With effective efforts, Hoa Thuong Company Limited also actively participates in social security activities; annually helps and sponsors localities to establish education promotion funds, build cultural houses, and other projects; supports funds for celebrating the longevity of the elderly, building traditional houses of the homeland, renovating martyrs' cemeteries, transporting veterans to visit old battlefields; participates and supports in the exhumation of martyrs' remains, with an average of 150 - 300 million VND per year. From 2015 to 2019, the Company has supported the construction of 9 gratitude houses in the province with a total value of 450 million VND.
With the belief that entrepreneurs need to "light the fire" and spread social responsibility, Mr. Nguyen Thu Thuong is always a pioneer in charitable activities for the community.
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Company's achievements
2015:Awarded a Certificate of Merit by the Prime Minister for achievements in work, contributing to the cause of building socialism and defending the Fatherland.
2016:Awarded a Certificate of Merit by the Provincial People's Committee for his outstanding achievements in the emulation movement to encourage learning and talent to build a learning society; Awarded a Certificate of Merit by the Provincial Veterans Association for his outstanding achievements in the movement "War veterans help each other reduce poverty, do good business in the period 2011 - 2016"; awarded many Certificates of Merit for his outstanding achievements in implementing the campaign to mobilize funds for the poor and social work.
2017:Achieved the title of Central-level excellent production and business member in 2016.
2018:Awarded a Certificate of Merit by the Provincial Veterans Association for outstanding achievements in implementing the emulation movement "Exemplary Veterans"; Vietnam Veterans Business Association awarded a Certificate of Merit for successfully completing tasks contributing to the establishment, operation and development of the association in the 2013-2018 term; Provincial People's Committee awarded a Certificate of Merit for outstanding achievements in work from 2016-2017, contributing to the socio-economic development of Nghe An province.
2019:Awarded a Certificate of Merit by the Provincial People's Committee for outstanding achievements in the "Exemplary Veterans" movement for the period 2014-2019.
