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

  • 'Guardians of Mường Nhé Nature Reserve

    Guardians of Mường Nhé Nature Reserve

    BUSINESS -
    ĐBP - After a recent organizational consolidation, the specialized forest protection force under the Management Board of Mường Nhé Nature Reserve in Điện Biên province now comprises 53 members. This core team plays a pivotal role in managing and safeguarding over 46,730 hectares of forest land within the reserve.
  • 'Efforts to preserve historical and archival records

    Efforts to preserve historical and archival records

    NEWS - POLITICS -
    ĐBP - Over 20,000 linear meters of documents and records are being archived following the administrative restructuring of Điện Biên province’s former districts and communes into a two-tier local government system. With such a vast volume, the archiving task presents numerous challenges and requires meticulous organization to preserve these materials as valuable historical and reference sources for the future.
  • 'Điện Biên determined to fight smuggling and counterfeit goods

    Điện Biên determined to fight smuggling and counterfeit goods

    BUSINESS -
    ĐBP - Authorities and functional forces across Điện Biên province are actively carrying out an intensive campaign to combat smuggling, trade fraud, counterfeit goods, and intellectual property rights violations. Based on initial results, relevant agencies have concluded that efforts must be further intensified and carried out with greater determination.
  • 'Điện Biên focuses on accelerating agricultural sector restructuring

    Điện Biên focuses on accelerating agricultural sector restructuring

    BUSINESS -
    ĐBP - Blessed with abundant potential and natural advantages, Điện Biên province has in recent years stepped up efforts to restructure its agricultural sector with a focus on enhancing value. Central to this strategy is the shift in crop structure, gradually replacing traditional low-value crops with high-value economic plants. As a result, many specialized farming areas have been gradually established, with some already yielding harvests and generating stable income for local residents.
  • 'When children enters Grade 1

    When children enters Grade 1

    SOCIAL AFFAIRS -
    ĐBP - Entering Grade 1 marks a significant milestone in a child’s journey of growing up. From a familiar preschool environment full of play and gentle activities, children transition into a more structured learning space that demands discipline, attentiveness, and the ability to absorb knowledge. This shift can be disorienting for young learners and concerning for parents, who often worry about how to best support their children in adapting quickly and starting the school year smoothly.
  • 'Preserving symbolic bauhinia trees on Phạm Văn Đồng Street

    Preserving symbolic bauhinia trees on Phạm Văn Đồng Street

    SOCIAL AFFAIRS -
    ĐBP - For months now, residents living along Phạm Văn Đồng Street in Điện Biên Phủ ward, Điện Biên province have expressed sorrow as more than a dozen Bauhinia (ban) trees have withered and died, leaving behind barren trunks and branches. Once dubbed the “Bauhinia Street,” this iconic roadway is gradually losing its natural charm, stirring regret among both locals and tourists.
  • 'The man who sparks hope in a dialysis neighborhood

    The man who sparks hope in a dialysis neighborhood

    SOCIAL AFFAIRS -
    ĐBP - Chronic kidney failure forced Giàng A Thắng, a young police officer from Huổi Toong 1 village, Huổi Lèng commune (former Mường Chà district), Điện Biên province, to set aside his dreams and ambitions. Yet from the same turning point, a new journey began, one where he became a source of hope for others facing the same fate.
  • 'Heightened vigilance urged against online fraud schemes

    Heightened vigilance urged against online fraud schemes

    SOCIAL AFFAIRS -
    ĐBP - Online asset fraud and cybercrime are growing increasingly complex, with perpetrators employing sophisticated high-tech tactics. Alarmingly, criminals are now impersonating government agencies, hacking into personal accounts, and even mimicking voices and faces to steal personal information and commit fraud with ease.
  • 'Ensuring safety of reservoirs and irrigation dams during rainy season

    Ensuring safety of reservoirs and irrigation dams during rainy season

    SOCIAL AFFAIRS -
    ĐBP - Weather forecasts indicate that this year’s rainfall in Điện Biên province will be more intense and unpredictable than in previous years. Given the prolonged use and deterioration of many irrigation works, the local authorities and relevant agencies are taking urgent and comprehensive measures to inspect, reinforce, and prepare emergency response plans. These efforts aim to minimize damage and ensure the safety of both agricultural production and people’s livelihoods.
  • 'The light from Resolution No.02

    The light from Resolution No.02

    BUSINESS -
    ĐBP - Recognizing the development of the power grid system as a vital “pioneer driver” to accelerate socio-economic growth and build new-style rural areas, communes such as Na Son, Xa Dung, Pu Nhi, Mường Luân, Phình Giàng, and Tìa Dình in Điện Biên province have focused on eliminating villages without access to the national electricity grid.
  • 'Tủa Chùa: Pristine and Mysterious

    Tủa Chùa: Pristine and Mysterious

    CULTURE - TOURISM -
    ĐBP - Beyond its beautiful natural scenery, Tủa Chùa is a land of cultural convergence, where ethnic communities like the Mông, Thái, Dao, Hoa, Khơ Mú, and Phù Lá each contribute their unique cultural identities to weave a vibrant, colorful tapestry for this rocky plateau in the northeastern part of the province.
  • 'Seamless operation of commune-level Public Administration Service Centers

    Seamless operation of commune-level Public Administration Service Centers

    NEWS - POLITICS -
    ĐBP - Alongside the establishment of 45 new commune-level administrative units in Điện Biên province, the Public Administration Service Centers of Nà Tấu, Mường Ảng, Mường Lạn, and Búng Lao officially began operations on July 1, 2025. This marks a significant milestone, demonstrating the proactive and determined implementation of a streamlined, efficient two-tier government model right from the grassroots level.
  • 'Bringing science to the highlands: Technology boosts farming in Tủa Chùa

    Bringing science to the highlands: Technology boosts farming in Tủa Chùa

    BUSINESS -
    ĐBP - Nestled in the rocky highlands of northeastern Điện Biên province, Tủa Chùa is an area marked by its rugged karst terrain, nearly three-quarters of its land made up of steep, rocky mountains. These geographical challenges have long made agriculture here more difficult than in the lowlands. Yet, by applying science and technology in farming, local agricultural products are not only improving in quality but also gradually building their own brand identities.
  • 'Consequences of alcohol abuse

    Consequences of alcohol abuse

    SOCIAL AFFAIRS -
    ĐBP - Alcohol has long been a familiar part of Vietnamese social life, especially during holidays and gatherings. However, its overuse continues to cause numerous serious consequences, not only damaging personal health but also negatively impacting family happiness and social order.
Load more