Ha Giang Mineral Mechanics JSC: Helping Rural People Get out of Poverty

12:35:21 AM | 11/2/2015

Ha Giang Mineral Mechanics Joint Stock Company went public in March 2006 from a State-owned enterprise. Mineral extraction and processing is its primary business, with antimony being key product, mainly for export to Japan and European countries. Its A-H-branded products meet Grade 1 and Grade 2 standards in the world. After more than 10 years on the market, the company has won four national quality awards and secured the absolute trust of domestic and international customers. In the past year, the firm raked in revenue of VND128 billion and paid VND28.22 billion to the State Budget, 8.5 percent higher than the annual plan. The average monthly income of an employee was VND9.5 million. But, these results are probably not the key to make the good name of Ha Giang Mineral Mechanics Joint Stock Company in Ha Giang province as much as its assistances for local government and people in poor areas to escape from poverty.
After being assigned by the Provincial People's Committee to help Thang Mo commune where poverty rate was over 50 percent, Ha Giang Mineral Mechanics Joint Stock Company sent its staff to the commune to learn about the situation and work with the local government and relevant bodies to seek social and economic development measures. The company mobilises its employees to assist poor households and raise funds to build social welfare works. In 2009 and 2010 alone, the company supported boarding students with new tables, chairs, beds and blankets at a value of over VND38 million, presented gifts worth VND24.5 million to poor families on the occasion of the Lunar New Year, handed 30 scholarships valued at VND23 million to pupils, bought TV, video players and teaching equipment, costing over VND10 million, for the kindergarten of the commune. Especially, in the 2010 - 2011 academic year, Ha Giang Mineral Mechanics Joint Stock Company gave VND390 million to Thang Mo Secondary School to build school yard and water tanks. Only 2009 and 2010, the company supported over VND500 million for the commune. Its assistance helped students, poor families and policy-benefited families to live with eased hardships and add resources for the commune to gradually improve infrastructure.
Currently, the company is still helping Thang Mo commune to end poverty by seeking effective solutions to promote production and economic development like crop and livestock restructuring, utilising local pluses to make products, encourage villagers to engage in production and lead cultured life, and assist each other in daily life and in production.
An official of Ha Giang Mineral Mechanics Joint Stock Company said, defining that social responsibility is a basic, important element to corporate sustainable development and create competitive edges, the company always ensures legitimate rights and interests of employees. All employees are guaranteed to have stable employment with increased income and to have social, health and workplace accident insurance policies. In addition, the firm strictly implements environmental protection measures like performing regular environmental monitoring, planting 20,000-30,000 trees a year to protect the environment and landscape, and building water reservoirs to regulate the microclimate.
From 2010 to 2014, the company spent a total of VND10 billion to support the locality to raise cows, build schools, cultural houses and roads.