Construction on rubber latex processing factory in Điện Biên kicked off

ĐBP - The Điện Biên Rubber Joint Stock Company on May 22 morning started construction on a rubber latex processing factory in Pá Sáng Village in the Điện Biên District’s Hua Thanh Commune.

Delegates attend the groundbreaking ceremony to start construction of the factory.

Participants in the groundbreaking ceremony include Lò Văn Tiến, deputy chairman of the Điện Biên Province’s People’s Committee; Lê Thanh Hưng, general director of the Vietnam Rubber Group and people from Hua Thanh, Mường Pồn and Thanh Nưa communes.

The first of its kind in Điện Biên Province, the factory has an investment of VNĐ60 billion which is wholly sourced from the Điện Biên Rubber Joint Stock Company’s funds for production and business; and has a designed capacity of 5,000 tonnes per year.

Mr. Lò Văn Tiến, deputy chairman of the Điện Biên Province’s People’s Committee, presents gifts to workers who made outstanding achievements in production.

When coming into operation, the factory is expected to process the whole volume of rubber latex harvested from rubber farms of two companies: the Điện Biên Rubber Joint Stock Company and the Mường Nhé - Điện Biên Rubber Joint Stock Company and rubber latex of small rubber farming households in the province.

Applying advanced, cost-saving, and efficient techniques, the factory will create high-value processed products, bringing profits to investors and contributing to the local budget by fulfilling annual tax and fee payment obligations. It is also expected to meet the market's requirements and catch up with the rubber industry's development trend.   

The factory operation will also help improve the productivity and business efficiency of the company, generating more stable jobs for hundreds of labours who are ethnic minorities in the locality.

Comrade Lê Thanh Hưng, general director of the Vietnam Rubber Industry Group, presented flowers to congratulate the Điện Biên Rubber Joint Stock Company.

The company estimates its contribution to local budget during the 19-year period of factory operation will reach VNĐ31.74 billion (average VNĐ1.67 billion per year from value-added tax and corporate income tax payment), generating jobs to 80-100 workers.

Highly appreciating for efforts of leaders and staffs of the Điện Biên Rubber Joint Stock Company to complete necessary procedures and requirements for the factory construction, representative of the Vietnam Rubber Industry Group thanked the provincial Party Committee, People’s Council, People’s Committee and departments and agencies for their due attention and support for the company over the past time.

To ensure the factory is built as scheduled in accordance to technical standards, and put into operation in the beginning of 2025, the group leader asked the Điện Biên Rubber Joint Stock Company to closely follow, monitor and supervise the construction process, ensuring safety, and minimising impacts on surrounding environment.

Text, photos: Thành Đạt
Comment

You have 500/500 characters left

Please enter 5 or more characters!!!

Maybe you are interested

Recent news

  • 'Quiet surgeon on frontline of rural healthcare

    Quiet surgeon on frontline of rural healthcare

    SOCIAL AFFAIRS -
    ĐBP - When the campus is still wrapped in early morning mist, the corridor of the General Surgery - Oral and Maxillofacial - Ophthalmology - Otolaryngology Faculty at the Na Sang Medical Center is already lit. In the duty room, Dr. Bùi Vũ An Khang carefully turns over the medical records of a patient who underwent surgery the night before - a Hmong child rushed to hospital with severe electrical burns.
  • 'Silent “soldiers in white”

    Silent “soldiers in white”

    SOCIAL AFFAIRS -
    ĐBP - The Lunar New Year (Tết) festival is traditionally an occasion for family reunions and aspirations for a fortunate new year. However, for the dedicated teams of doctors and medical staff, the holiday often brought even more work and pressure as patients required urgent emergency care.
  • 'Vibrant production atmosphere

    Vibrant production atmosphere

    ECONOMY -
    ĐBP - After the joyful days of the Lunar New Year (Tết), various localities across Điện Biên province quickly resumed their vibrant rhythm of production.
  • 'Spring emotions

    Spring emotions

    SOCIAL AFFAIRS -
    ĐBP - On the morning of the first day of the Bính Ngọ Lunar New Year, I took a walk around the streets as a habit I had maintained for many years.
  • 'New spring with new momentum

    New spring with new momentum

    SOCIAL AFFAIRS -
    ĐBP - The Lunar New Year holiday of 2026 concluded in a peaceful and excited atmosphere. While the peach blossoms remained vibrant on the hillsides, the rhythm of labor resumed quickly across villages and cities, marking the beginning of a journey fueled by the high determination and great expectations of the Party, the government, and the diverse ethnic groups of the province.
  • '“Revival” of folk games

    “Revival” of folk games

    CULTURE - SPORTS -
    ĐBP - In the face of modern life, folk games stood at the risk of fading away. In Điện Biên province, a land where 19 ethnic groups converged with a rich cultural treasure, the preservation and restoration of folk games became a vital mission. This effort, driven by both the community and local authorities, served not only to protect traditional values but also to retain the “soul” of each ethnic culture.
Load more