At present, operating
plants and facilities include MSG
plant, starch and glucose syrup plant,
Modified Starch plant, chlor-alkali
plant, lysine plant, co-generating
power plant, three advanced sewage
treatment systems, a 60,000 m3 water
reservoir, Vedan Phuoc Thai port,
and exclusive roads that provide connection
to the public road system, as well
as administrative, housing and recreational
facilities.
Operational
Profile
MSG Plant
Through the employment of highly advanced
biotechnology, production technique
and equipment, this plant produces world-class
MSG using raw materials that are harvested
locally – cassava and sugarcane
molasses. The plant also produces glutamic
acid; an amino acid used by pharmaceutical
companies and food manufacturers. Apart
from domestic consumption, MSG manufactured
by this plant is also exported to all
over the world. The output from this
plant has surpassed that of Vedan Taiwan
and become the world’s largest
MSG plant.
Starch
and Glucose Syrup Plant
With a capacity to process up to 1,000,000
tons of cassava per year, this installation
not only produces highest quality starch
and glucose syrup, it also provides
steady income streams for the local
farmers. At present, in addition to
tapioca starch and Modified Starch,
glucose syrup is also extracted from
semi-finished starch during production
via flusher drying, liquefaction and
saccharinfication to supply the MSG
and lysine plants as raw materials for
their respective production needs.
Apart
from the operating starch plant in Phuoc
Thai in Dong Nai Province, Phuoc Long
in Binh Phuoc Province and An Khe in
Gia Lai Province, Vedan also plans to
further expand the starch production
to other provinces, it is foreseeable
that such expansion will play a pivotal
role in the economic development of
Vietnam. Currently, Vedan is the largest
cassava starch producer in Vietnam.
Since
1999, Vedan has expanded into high value
added Modified Starch production. More
than 40 variety of Modified Starch products
are now producing in this plant to serve
the paper industry, textile industry
and food processing industry.
Chlori-alkali
Plant
The main raw material used in this plant
is industrial salt, which is supplied
by Cana salt fields in Ninh Thuan Province
and also from Australia, each year the
plant consumes about 100,000 tons of
industrial salt. The production process
involves the dissolution of salt and
follows by electrolysis to separate
sodium and chlorine. These two elements
are further processed to produce NaOH,
HCl and Hypochlorite. The plant adopts
strict quality control so the products
are highly pure in quality and meet
food grade requirement. Apart from internal
consumption, the products are supplied
to external manufacturers as well. These
chemical compounds, of which are vital
ingredients of numerous products, have
directly and positively contributed
to the development of chemical industry
in Vietnam.
Lysine Plant
This plant was founded under technology
co-operation with Kyowa Hakko Kogyo
Corporation Ltd. of Japan. Lysine is
an essential amino acid and a major
additive in animal feedstuff, and global
demand on lysine is high. The successful
hardware setting of the large scale
equipment relies totally on the close
co-operation of Chinese, Japanese and
Vietnamese staff. At present, the entire
output of this production facility is
exported to Japan, Hong Kong, Australia,
China and Europe. However, if the demand
for such additive in Vietnam increase
in the future, additional production
line could be installed with relatively
ease to boost the output. As such the
plant is relatively well positioned
to become the major supplier for Vietnam’s
animal feed producers.
Co-generating Power Plant
Such project was undertaken in response
to the shortage of power supply in Vietnam.
In addition the installation of co-generating
power plants to supplement the existing
capacity is also fast becoming a global
consensus. This power plant uses heat
energy generated by heavy oil combustion
to heat up ultra-pure water to get high-pressured
and high temperature superheated steam,
in order to turn the extraction condensing
type turbine, thus driving the generator
and generating electricity for the company’s
own production need, and any excess
is sold to Vietnam Electricity Company
to compensate the electricity shortage
in Vietnam.
Vedan Phuoc Thai Port
To facilitate the transportation of
the company’s products and the
supply of raw materials, the management
decided to build its own Vedan Phuoc
Thai port along the side of a nearby
Thi Vai river. With unreserved support
pledged by the Vietnamese authority
and after two years of hard work by
the Vedan staff, the construction of
this self-financed port managed to proceed
smoothly. Since its inception, the port
not only greatly reduces the cost of
transporting goods and increases efficiency;
it also brings about much industrial
and economical development in the region
along the river. The port is capable
of docking two 12,000 ton cargo freighters
concurrently, and is divided into two
parts – one for the handling of
liquid goods, the other for solids.
Moreover, the Vietnamese government
has constructed a port eight kilometers
downstream of Vedan Phuoc Thai Port
with capacity of docking 40,000 ton
cargo freighter, and planned to build
a port near Vung Tau harbour for the
docking of 200,000 ton cargo freighters
will, upon completion, further enhance
the infrastructure of marine transportation.
Other
facilities:
With the welfare of the staff in mind
, the company has, within the premises,
completed the building of offices, dormitories,
medical service station, cafeteria,
recreational facilities and sewage treatment
systems. All these are aimed to create
a pleasant and efficient environment
for the staff.
Our
Objectives
-
Adopting
long-range and ambitious strategies
that positions the company as the
production center of Southeast Asia.
-
Employing advanced
technology and always innovating,
through which creating a basis for
better integration of farm produce
and biotechnology.
-
Products that
are of highest quality.
-
Take training
and education of the staff as a
priority task boosting local talents
development.
-
Work closely
with all shareholders when formulating
strategies, thus creating a win-win
situation.
-
Strive for the
future and become an integral part
of global economy.
Corporate
Culture
-
Innovation, professionalism, excellent
and modesty.
-
Adopt long-range and ambitious strategies;
invest with due diligence.
-
Always look after the welfare of
our employees.
-
Provide a safe and hygiene workplace.
-
Apply standardized procedure whenever
possible and goal-oriented management
philosophy.
Employment
At present, the company has
hired in excess of 1800 employees. 20%
of them are university graduates and
above, and 25% have completed high school.
In addition, more and more local talents
are been promoted to managerial positions.
Education
and Training
Each year, based on the progress of
employees and production need, the company
devices training programs accordingly
and follows through to the entirety.
The programs are designed to cover a
wide range of subjects, including but
not limited to information and communication,
production technique, machinery maintenance,
safety and hygiene, environmental protection,
fire fighting, emergency procedure,
first aid, and operational standard
set forth by ISO 9000. At times, outstanding
local talents will be sent overseas
to receive further trainings and stand
the chance of assuming managerial positions
once they return.
Safety and Hygiene
The Industrial Safety Committee set
up by the company collaborates with
supervisors of all departments to conduct
cross inspections on regular intervals
and the inspection reports are submitted
to the committee. The committee will
keep track of any inadequacy until such
time when it is rectified.
Life and Welfare
-
Free
meals and uniforms.
-
Free transportation.
-
Free lodging
for out-of-city employees; at the
moment the dormitories house about
560 employees.
-
Free 24-hour
medical service.
-
Employees are
able to use the Dong Nai provincial
library for free.
-
Special bonuses
on labor day and national day as
well as year’s end.
-
Organize sporting
competitions on regular basis and
offer monetary award to the respective
winning team to boost morale and
enhance cooperation.
-
Monthly and
annual remunerations are tied to
performance.
Our Pride
-
Attained
ISO 9001:2000 certification.
-
President of
Vietnamese government on 8/11/2000
awarded Third Class Labor Medal
(No. 564 KT/CTN) to Vedan Vietnam
and the chairman of Vedan Vietnam,
Mr. Yang Tou-Hsiong, in recognition
of the company’s contribution
to the economy.
-
Prime Minister
of Vietnam Socialist Republic on
31/10/2000 conferred Prime Minister
Award (No. 564 KT/CTN) to the vice-chairman,
Mr. Yang Kun-Hsiang, and president,
Mr. Joel J. Wang of Vedan Vietnam.
-
The company
received Export Award from the Trade
Ministry on July 2001 for its outstanding
achievement of product export and
its contribution to the Vietnamese
government’s revenue.
-
The Minister
of Agriculture and Rural Development
has conferred a medal to Mr. Joel
J. Wang, president of the company
and Mr. Yeh Fang Ten, former executive
vice-president of the company in
the year 2001 for their important
contribution to agriculture and
rural development in Vietnam.
-
In June 2002,
the company received a certificate
of merit award from the Prime Minister
of Vietnam recognizing the company’s
contribution to the tax coffer of
the country – “Distinguished
Tax Payer of the Year 2001”.
This is the first time that the
country enacted such an award.
Corporate
and Society
-
As
a gesture of gratification, the
company always tries its utmost
to source raw materials locally
and employs as many local talents
as possible, as such the living
standards of a vast numbers of farmers
and workers are very much improved
as a result. This corporate philosophy
has won praises from both the government
and the people.
-
The management
has always been dedicated to the
building of schools, reduce poverty
and sponsor charitable events. Thus
far the company has made donations
to charitable organizations in excess
of VND 10 billion.
-
Since its inception,
the company has so far paid over
US$33 million of taxes up to 2001,
which has greatly contributed to
the development of local infrastructure
and living quality.
-
The company
has been working with various institutions,
either governmental or academic,
with the intention to achieve greater
output and improve on the agricultural
technique, and create applicable
processing technology to better
the efficiency.
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