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A periodical meeting on Assessment on Construction & Business results in November 2011 and Plan in December 2011

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Vinaconex1

In the morning on 5th December 2011, a meeting on assessment on construction & business result in November 2011 and implementation plan in December 2011 was held at the headquarter of VINACONEX1 – D9 Building – Khuat Duy Tien – Thanh Xuan – Hanoi. The meeting included members of Board of Directors, Managers, Deputy Managers of functional departments, Managers of affiliated units.

In the early meeting, the Technical Department reported construction and business result within November 2011, implementation status till the end of November 2011 and output of 90.5% compared to the plan (815/900 billion VND). Continuously, Deputy General Directors, representatives from other functional departments and affiliated units also spoke about implementation result of the plan within November as well as the plan in December 2011 in the meeting.

In the meeting, Chairman of Board of Directors also directed some activities in construction & business of the headquarter and specially focused on final accounting and debt recovery activities of affiliated units, functional departments

At the end of the meeting, the General Director Nguyen Thac Kim concluded as follows:

- December was the last month in the construction and trading plan in the year 2011. Currently, output of construction & trading till end of November was 815 billion VND (reaching 90.5% compared to the plan). Thus, estimated construction and business output plan in December (85 billion VND) and in the whole year (900 billion VND) was optimal. In that spirit, all the functional departments and affiliated units were required to make efforts to achieve and even over-achieve the goal above.

- In the current context of extremely difficult bank finance and credit, in addition to efforts to satisfy capital resource for construction and business, the affiliated units were required to highly concentrate on final accounting, debt recovery to reinforce finance for construction and trading. Since December, VINACONEX1 would tighten disbursement for affiliated units.

- In this context, functional departments and affiliated units were asked to closely control expenditure especially at the end of the year, minimize unnecessary expenditure to focus on spending on construction and trading activities as well as salary payment for labour.

Below were some photos taken in the meeting.






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