Dong Nai Foodstuff Industry Corporation celebrates 20th anniversary of establishment of its former company

02:09, 11/09/2005

(ĐN) – On September 9, Dong Nai Foodstuff Industry Corporation held a ceremony to aim at marking the 20th anniversary of establishment of its former company.

Board of Directors of Dong Nai Foodstuff Industry Coporation at the ceremony

(ĐN) – On September 9, Dong Nai Foodstuff Industry Corporation held a ceremony to aim at marking the 20th anniversary of establishment of its former company. The ceremony was attended by Mr. Pham Viet Muon, Deputy Director of the Enterprises Renewal and Development Steering Board, Mr. Tran Dinh Thanh, Chairman of the Provincial People’s Council and representatives from local units and organizations.

 

Dong Nai Tobacco based company has been reorganized and changed its name in order to become Dong Nai Foodstuff Industry Corporation as of July 1, 2005. This was performed according to Decisions issued by Prime Minister and the Provincial Peoples’ Committee. Accordingly, 21 subsidiaries were merged with The Dong Nai Foodstuff Industry Corporation. It specializes in supplying agricultural machinery, processing agricultural products and food, exploiting resources, manufacturing building materials, trading, providing with services, doing tourism …. The company currently has a combined capital base of 900 billion VND. On the occasion of marking the 20th anniversary of establishment of its former company, the Dong Nai Foodstuff Industry Corporation donated 80 million VND to the Provincial Red Cross, the Provincial Committee of Vietnam Fatherland Front and Dong Nai Newspaper for charity works.

 

The tobacco-based company was founded in October 1985. Over the past 20 years, its production capacity has been increased significantly. In addition, the product quality has also been improved. As a result, salary of the company employees has been risen accordingly. Up to 1990, the company produced 100 million units per year and had the accumulative budget totaling 27 billion VND. By 2003, the production capacity raised 3 times against 1990 while the total of budget accumulation amounted to up 971 billion VND. By 2004, tobacco based company was then typically converted into one-member limited liability company. The company reached an annual output of 404 million units and contributed 370 billion VND to the State Budget. At the same time, the average income for the company employees has also been raised higher than previous years.

 

Le Huong Thom