SOCHEM makes concerted efforts to achieve growth target of more than 8%

The meeting was attended by Mr. Phung Quang Hiep, member of the Party Committee of the Government, Secretary of the Party Committee of the Vietnam Chemical Group (Vinachem) and Chairman of the Member Committee, Mr. Dao Trong Cuong, member of the Party Committee of the Vinachem and Deputy General Manager, and Mr. Nguyen Huy Thong, Chairman of the Vietnam Chemical Industry Union.

In 2024, Southern Basic Chemical Co., Ltd. continued to stabilize production, stabilize the product consumption market, continuously improve management, fully implement the system, ensure income, and provide incentives and incentives to employees in a timely manner... In 2024, the production and operation results have improved significantly.

Specifically, the value of industrial production (in real terms) amounted to VND 1967 billion, or 113 per cent of the plan. Total consumer income in 2024 will reach 1934 billion Vietnamese dong, 109 percent over 2023, and the parent company's revenue will reach 1,449 billion Vietnamese dong, up 9 percent from 2023 and 109 percent of the annual plan. In 2024, the parent company's profit was 268 billion Vietnamese dong (of which the subsidiary's dividend was 10 billion Vietnamese dong), down 11 per cent from 2023 and up to 107 per cent of the plan. The salary fund for employees and management is 144.3 billion VND. The average number of management and employees is 635. The average income is about 18.9 million VND/person/month.

As of December 2024, the average number of employees in 2024 is 629, excluding 06 company managers. The average salary of employees in 2024 is 18.578 million VND/person/month. The company always ensures that salaries, bonuses, benefits, social security and health insurance are paid in accordance with company regulations and current laws.

In particular, in order to protect the rights and interests of employees, the company regularly reviews collective labor agreements and focuses on formulating various welfare policies for employees, including travel vacation system, visiting and consolation, annual leave payment for travel expenses, birthday gifts, bonus for completion of plans, bonus for holidays and Spring Festival, children's day and Mid-Autumn Festival, caring for management and employees' children, rewarding children with excellent academic performance and entering university, etc......

For retired employees, the company's leadership is always concerned about love, regular condolences, New Year greetings, birthday greetings, annual fraternity, condolences to the deceased, etc. In addition, in order to improve employee health benefits, the company has implemented an "Accident Health Insurance" program to care for and support employee medical treatment expenses or prevent employee health risks and accidents. The program has been implemented and maintained since 2019 to provide employees with peace of mind in work and production.