Nghe An: Export market 'blocked', businesses have large inventories of cut stone for cladding

A large amount of cut stone is left at a stone processing facility in Dong Hop commune, Quy Hop district. Photo: Van Truong.

Present at the stone processing factory of An Son Joint Stock Company in Dong Hop commune, Quy Hop district, we no longer saw the bustling scene of cars coming in and out to transport goods.Exported stone tilesas before, now quite quiet.

The representative of this unit said: The stone products for cladding have long been mainly exported to the Middle Eastern markets, but from around August 2022 until now, they have only been buying in small quantities and from October 2022 until now, they have stopped buying completely. The unit has had to find a domestic market to consume but has sold very little.

Boxed split stone is in large stock at An Son Joint Stock Company in Dong Hop commune, Quy Hop district. Photo: Van Truong.

Currently, An Son Joint Stock Company is operating at a low level to 'feed' workers; in the warehouse there are over 60 containers (300m²paving stones/containers), in addition, there are quite a few outdoor paving stone products that have become moldy.

Also in the same situation, a unit specializing in processing cut stone for cladding in Dong Hop commune has over 30 containers in stock. A representative of this unit shared: Currently, we are looking for domestic consumption markets in Ho Chi Minh City and Hanoi. With theconsumption of sawn stone for cladding is difficultAs in the past, it will be even more difficult to maintain operations in 2023.

Some of the unsold stone blocks are now covered with black mold. Photo: Van Truong.

In fact, the difficulty in output of stone products has caused many difficulties, at some mineral processing facilities in Quy Hop district, they have had to cut down on labor. The system of machinery and equipment that has to stop working for a long time is also easily damaged, workers have changed to other professions, when businesses need them, it is very difficult to call them back...

Mr. Nguyen Xuan Hue - Head of the Tax Department of Phu Quy I area said: For a long time, the districtQuy HopThere are about 20 enterprises exporting mineral products to other countries. Due to the influence of the Middle Eastern market, most of the units have to operate at a low level, some have stopped producing stone tiles. The remaining quantity of "inventory" of stone tiles is still quite large.

Some stone processing facilities in Quy Hop area are holding on to maintain workers. Photo: Van Truong.

There are almost no new export orders until 2023. Every year, Quy Hop district collects about 100 billion VND from resource tax. With the current situation due to difficult consumption output, it is forecasted that in 2023, revenue from resource tax will decrease.

Van Truong