VIMICO launches its Action Month for Occupational Hygiene and Safety

Encouraging achievements

VIMICO Director Tran Van Long said that sharp decreases in the price of metallurgical products, especially zinc, have greatly affected his company’s revenues in particular and business efficiency in general. The hot period in the second quarter leading to unstable electricity supply and prolonged heavy rain and floods in the third quarter also affected most of the company’s production units, especially mining units, he said.

VIMICO has realized solutions in its Decision 28/QD-TMC dated January 3, 2023, as well as those introduced in the company’s first-half-of-2023 conference to strengthen production and raw material and price management to maintain sales and ensure the provision of stable jobs and incomes for workers.

In the first nine months of this year, VIMICO produced 9,009 tonnes of zinc ingots (accounting for 79.7 percent of the 2023’s 11,303-tonne target), and reached 77.16 percent of its sulfuric acid production output target. In the third quarter alone, VIMICO reached an industrial output value 2.46 percent higher than the target. The company earned the revenue of VND702.083 billion in the first nine months of this year, representing 84 percent of the 2023 target.

VIMICO also pays due attention to environmental protection, and fire prevention and treatment.

The company has fulfilled targets set for the third quarter and the first nine months of 2023, Director Long said.

Getting ready to work a new shift

Flexible, consistent solutions

VIMICO will strive to reach the revenue of VND231.605 billion in the fourth quarter of this year and VND933.689 billion in 2023 (11.7 percent higher than the 2023 VND835.86-billion target), give top priority to occupational safety and environmental protection, strengthen cooperation in production management among the company’s member units, speed up investment projects, and accomplish bid packages of investment projects for production maintenance in 2023.

The company will continue tightening cost and material management, including strict cost management in accordance with the price management scenario for the last four months of 2023, and management of such major materials as electricity, gasoline, and metallurgical input materials, among others.

The company’s director said there remain difficult tasks that VIMICO will have to accomplish in the remaining months of 2023, as metal prices have decreased and raw material prices are fluctuating erratically. VIMICO needs to seriously acknowledge the shortcomings in management and administration, and at the same time learn from experience to bring into play its achievements, promptly solve problems and efficiently realize solutions, he said.