Nui Phao Mining praised by Secretary of Thai Nguyen Provincial Party Committee at the province's Business Meeting 

According to Ms. Nguyen Thanh Hai, Secretary of the Thai Nguyen Provincial Party Committee, the budget revenue for the province reached over VND 19,100 billion in 2022, a record-breaking amount that is 30% greater than the target set forth by the Prime Minister. Local businesses, notably Nui Phao Mining Company, have made significant budget contributions.

Vonfram - key export product of Nui phao Mining Company

“In 2022 despite facing numerous difficulties and challenges the province of Thai Nguyen successfully implemented the "dual goal", which included effective epidemic prevention and control and socioeconomic development, with many significant achievements thanks to the prompt and strong leadership of the Party Committee, drastic and flexible administration at all levels of government, and especially the efforts of the business community and our people”, said Ms. Nguyen Thanh Hai, Secretary of Thai Nguyen Provincial Party Committee at the province’s Business Meeting on February 10.

With a great resilience and a strong will to overcome obstacles, Nui Phao Mining Company has been inventive and creative in their production and business practices and have fulfilled their commitments to the State budget. Data from Nui Phao Company show that despite numerous difficulties, in 2022 Nui Phao still achieved an increase in revenue compared to fiscal year 2021. The company contributed 1,192 billion VND to the budget, up 345 billion VND from fiscal year 2021.