During the first 6 months of 2012, in the hard context of inflation, high interest rates, and continuously decreasing rice price, thanks to the direction of Vietnam Southern Food Corporation, keen intelligence of the Management Board, especially the solidarity and morale to overcome challenges of the whole staff, Soc Trang Food Company (SOCTRANG FOOD) still managed to reach its goals. Notably, in May and June, the company actively sold out a large volume of products at rather good prices, which not only increased the company’s efficiency but also contributed to stabilizing the food price and raising the export turnover of Soc Trang province.
SOCTRANG FOOD is gradually asserting its role in consuming rice for farmers, winning trust from local authority and rice cultivators. In Winter – Spring crop of 2011-2012, SOCTRANG FOOD was assigned by Vietnam Southern Food Corporation to buy 85,000 tonnes rice, in which 15,000 tonnes is for temporary reserve. Given the active direction of Management Board and tireless efforts of the staff, so far, the total volume of rice bought by the Company has been up to 93,185 tonnes, equal to 109.63 percent goal for Winter-Spring crop; in which 15,220 tonnes was for temporary reserve, equal to 101.47 percent of scheduled volume. SOCTRANG FOOD is targeting to beat the goal for the whole 2012 before the deadline.
Besides, SOCTRANG FOOD has signed 32 contracts with rice-millers, milling plants which committed to act as agents for the Company in a stable and long lasting manner, avoiding compelling farmers on price. Given its actions for the sake of both the company and people, SOCTRANG FOOD has continued to affirm its position as a trustworthy companion to farmers and one of the leading enterprises trading food in Soc Trang province.
In order to improve rice production and reserve capacity, SOCTRANG FOOD has continuously improved equipment, replacing outdated equipment with modern ones of the latest technology. Additionally, the Company is on its way to build 2 large food warehouses in key provincial rice planting districts in the shadow of the Ministry of Agriculture and Rural Development’s program, each of which has capacity of 30,000 tonnes/year. This is the closed system with the source technology and modern equipment, from warehouse system, millers, husk removers, whitener, shining tools to colour analyzing and packing machines. At present, the company has conducted ground breaking and started construction of Nga Nam Food Warehouse, which will open operation in January 2013; and prepared to start the construction of Long Phu Food Warehouse.
Director General Lam Dinh Quoc shared that by 2015, with the completion of 2 warehouses, the trading capacity of SOCTRANG FOOD will increase, with export volume of 250,000 – 300,000 tonnes/year and turnover of US$120-150 million. In addition to efforts to modernize infrastructure and equipment, the Company has focused on building up the material zone and consuming products for qualified partners such as farms, cooperatives, groups, and enterprises. Especially, the company will well exploit the brand of ST rice – high quality rice brand of Soc Trang in the world market, aiming at consuming products for some provincial zones specialized in ST rice.
Truong Thanh
Vietnamese
