President Nguyễn Xuân Phúc during his visit to the Formosa Hà Tĩnh Steel Cooperation (FHS) in Hà Tĩnh. — VNA/VNS Photo Thống Nhất HÀ NỘI — President Nguyễn Xuân Phúc held a working session with Formosa Hà Tĩnh Steel Cooperation (FHS) yesterday during his visit to Hà Tĩnh Province. The President acknowledged how the company has been maintaining its production and ensuring employment for the local workforce despite the COVID-19 pandemic. He also commended the local authorities' efforts in its vaccination drive to support the business and FHS' progress in addressing environmental protection. The president affirmed that the company's large-scale steel production contributes to the stabilisation of the domestic construction material market, improving export indicators, helping reduce the country's trade deficit, and making important contributions to the State budget. President Phúc also requested that company management pay special attention to production safety and environmental protection in the locality, considering this the top priority in their operations. With a total capital of US$12.8 billion, the company production units are now operating stably with 6,800 staff on the payroll, of which 78 per cent are living in Hà Tĩnh, according to FHS' report. It is expected that this year, steel billet production will reach… Read full this story
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