Lam Son Sugar Cane Joint Stock Corporation (Lasuco), former known as Lam Son Sugar Factory (31/03/1980.) was established on 6th December 1999. With over 35 year experience in operation and production of sugar cane and agricultural products for Vietnam and the world, Lasuco always expect to bring the consumers with the leading quality products for their health safety. In addition, the corporation would love to enhance the quality of life and contribute to economic development.
Lasuco is the pioneer in applying new technologies on production and cultivation. Our corportation has been continously changing for better match and creating values for customers as well as the community. With over 1000 directors, engineers and workers, of which 14.9% of professional engineers, 100% of skilled workers, and over 50% of high-grade workers are well trainned for professional knowledge, research works together with Vienamese Academy of Agricultural Sciences (VASS) and cooperation projects with the great countries such as Israel, Japan, Korea…; the corporation take advantages of integration for obtaining high productivity and quality and also expect to enhance our country image for sugar cane industry and agricultural products.
Being friendly to the environment is the corporation’s long-term commitment to the community and also the key to sustainable development of our corporation. The corporation’s facilities are well equipped to facilitate environment control, treat waste water thoroughly, apply sugar cane bagasse and leaf for bio charcoal and high-quality pellet fuel production serving for fertilizer and fuel market. High-tech zones are built to meet the government’s 05 criteria and ensure the productivity, high quality and friendliness with the environment as per legal regulations.
- In February 2023, LASUCO issued shares to pay dividends in 2019 - 2020 and 2020 - 2021 to existing shareholders at a rate of 6.5%; increased charter capital from 700,000,000,000 VND to 745,479,930,000 VND
- Invest and put into operation a new raw fuel processing line to serve furnaces, creating more jobs for workers and increasing electricity generation capacity, increasing electricity output to connect to the national grid.
- Investment in new installation of Mix sugar production line for export; Upgrading rock sugar production lines...has brought the highest export turnover value ever.
On October 20, 2020, the Company held the inauguration of the protein-rich brown rice milk processing factory and the Lavina Food sugarcane cell nutritional water processing factory. This is a key project to welcome the 19th Thanh Hoa Provincial Party Congress, term 2020 - 2025.
In September 2018, the Company held the opening ceremony of Thanh Tam bamboo ecological park phase I. The park is planned to be built in 4 communes including Xuan Bai, Tho Xuong, Xuan Phu, Tho Xuan district and Tho Thanh commune. Thuong Xuan district.
"All is natural". Lasuco performs a redefinition of the Lasuco brand in line with the trend of the new era.
Lasuco officially transformed the management model, put the Company Limited Lam Son Agricultural Research and Development Center independently operated under the scientific enterprise model; Marking new changes, sticking and successful implementation of the original goal.
The General Meeting of Shareholders approved the conversion of the fiscal year from January 1 to December 31 every year to 1/7 - 30/6 years in line with the sugarcane crop production.
30/09/2013: Implementing the project "Investment in construction of Lam Son Hi-tech Agricultural Park" The total investment of the project is 135 billion, the investment capital from the capital of Lasuco is set up. from the science and technology development fund and the loan. The objective of the project is to: Design and build a national CNC Farm on the basis of forming North Central Agricultural Center.
The company completed the investment to build a project to raise the capacity of the Factory No. 2 from 4,000 TMN to 8,000 TMN with advanced technology attached to the 12.5MW power plant, bringing the total capacity of the Company to 10,500 TMN.
The company was listed on the Ho Chi Minh Stock Exchange with transaction code LSS. Chartered capital is VND300 billion, total assets are VND1,200 billion and owner's equity is VND800 billion.
To acknowledge the great contributions of the staff and the company leaders. The State has conferred the company collective and General Director Le Van Tam title Labor Hero in the renovation period.
The Prime Minister approved the investment project of Sugar Factory II under the Decision No 775 / TTg with the total investment of 451.098 billion. In 1998-1999, the project was put into operation, bringing the Company's production capacity up to 6,500 TMN, 2.6 times higher than the previous investment.
October 1995 Established Lam Son Sugarcane Association, in which Lam Son Sugar Company was the founding member. The Association is the focal point between the Farmer-Intellectual Enterprise, where the trust of farmers to support, promote the program of cultivation, propagation and development of sugarcane raw material for the plant.
On November 2, 1986, the factory went into production. From 1986 to 1989, the factory was extremely difficult: lack of capital, raw materials was not enough 5% capacity, more than 600 workers without jobs, The factory is on the brink of bankruptcy, has many times to discuss the demolition of moving to good places.
On 12/01/1980: The factory was built under Decision No. 24 / TTg of the Prime Minister approving the design task of building Lam Son Sugar Factory with a capacity of 1,500 tons of cane per day, equipment and labor. the technology of FCB Republic of France; Construction time is over 5 years.