VINACONEX1

VINACONEX1 culture regulations were issued and enclosed with Decision No.1562/QĐ/CT1-HĐQT dated October 20^th2007 by Chairman of Board of Management in Construction Joint Stock Company No. 1 - VINACONEX1

BUSINESS CULTURE REGULATION

ATCONSTRUCTION JOINT STOCK COMPANY NO.1 -VINACONEX1

(Attached with Decision No.1562 QĐ/CT-1- HĐQT datedOctober 20^th 2007)

Foreword

VINACONEX1’s culture (hereby called business culture) is specifictraits, general behavior standards with which all the staff in ConstructionJoint Stock Company No.1 must comply. The culture expresses business character,pride of officials in Construction Joint Stock Company No. 1 – VINACONEX1.Thus, the staff will have a strong attachment as well as devote themselves tosuccess and development of the company.

VINACONEX1culture regulations were issued and enclosed with Decision No.1562/QĐ/CT1-HĐQT datedOctober 20^th 2007 by Chairman of Board of Management in ConstructionJoint Stock Company No. 1 - VINACONEX1

CHAPTER I

GENERAL REGULATIONS

Article 1:Scope and persons to comply

The regulation defines culture standards for the followingpersons:

1.Staff in the headquarter

2.Staff in the affiliated units

3.Workers on the site, in the factoryand in others under the company.

Article 2:Principlesin complying the business culture

Comply the business culture in linewith the following principles :

1.Be suitable tocultural tradition, fine custom, national cultural identity and actualsocial-economic condition

2.Be suitable to lawregulations, company management and executing rules

3.Be suitable to developmentstrategy and direction on building up, training and improvement in the staff inthe short-term and long-term.

Article 3:Targets incomplying with the business culture

1.Ensure efficiencyof construction and trading activities.

2.Set a standard behaviormanner for the staff in the headquarter and in the affiliated units in behavingwith Clients, colleagues and workers, which creates a highly professional staffwith good morality who work efficiently in term of construction and business.

Article 4:Logo, flag,advertising information

1. Company logo:

2. Businessflag: sky blue attached with logo.

3. Only use thelogo and flag for the purpose of the company. Don’t be allowed to use for otherpurposes

4. Individualaffiliated units and headquarter’s staff must respect and have fullself-awareness of protecting the logo and flag as well as achievements, valuesof the company.

Article 5:Bannedperformance

1.Smoke in theworking place and meeting.

2.Use drugs inany circumtance.

3.Use alcoholicdrinks

4.Use publicworking means for the personal purpose.

5.Gather in crowdto chat, disturb the peace to cause disorder in the working place

6.Use badlanguage in the working place

7.Express masterfulbehaviors…to cause troublesome problems in communications and behaviors.

CHAPTER II

SPECIFIC REGULATIONS

PART I: UNIFORM & CLOTHES

Article 6:Uniform

The uniform of the staff is theofficial clothes used in the official ceremonials, formal meeting, the externalcommunication.

1. Maleuniform : suit, shirt and tie.

2. Femaleuniform : traditional long-dress – Ao dai or suit.

3. Insignia.

Article 7:Clothes

1.Regarding to thestaff working in the headquarter as well as affiliated units, Wear the polite,tidy clothes or clothes in line with the regulation (if any) ; don’t wearT-shirts, too colourful clothes ; don’t wear footwears such as slippers inthe working place.

2.Regarding offcials,engineers and workers working on the site, in the factory, wear Personal ProtectiveEquipment – PPE attached with logo and name of the company as regulated.

Article 8:Card for the staff

1. Use personalname card in the workplace.

2. Regarding officialsand workers working in the factory or on the site, use the personal name cardin working.

3. The personalname card includes company name, personal name, personal photo, position title,personal code.

4. The GeneralDirector regulates seperate type of card for officials and workers.

PART II: COMMUNICATION, BEHAVIOR OF THESTAFF

Article 9:Communication and behavior of the staff

1.In working, strictlycomply contents, regulation of the company and law regulations.

2.Communicate andbehave in line with national habits and customs. The behavior must be formal, polite ;language must be clear and coherent. In case of communicating with foreigners, needsupport from the interpreter/translator assigned by the company if the persondoesn’t know foreign language.

Article 10:Specificregulations on communication and behavior.

1. To client:

Formally and politely communicate andbehave with clients. In communicatiing and behaving with clients, protect trademarkof the company, satisfy clients and have well-prepared practical contents.

2. To inferiors:

Superiors elegantly, honestly and frankly communicate with inferiors.

Listen to and acquire ideas andcomments from the inferiors in the inquiring mind

Conduct or explain clearly,specifically in line with job-related content.

Have clever, determined attitude insolving sensitive problems.

3. To colleagues:

Honestly comminute, friendly cooperateand help each other.

4. To superiors:

Communicate and behave correctly andpolitely towards superiors.

5. To people:

Elegantly,politely communicate with people. Listen to aspiration, ideas frompeople ; clearly conduct and explain job-related contents in solving.

Article 11:Communicationin mobile phone, email and other comminications

The staff inthe company who use phone (both mobile and fixed), email or othercommunications must be elegant, polite and respectful to the partners and clarifypersonal name, position title. In communicating, use accurate, true and fullinformation to achieve the best target. Don’t suddenly interrupt the telephonein communication.

PART III: DUTIES AND ASSIGNMENTS

Article 12:Workingtime

1.Based on theseason and working condition, the General Director regulates working time andspecific time-break inline with regulations in the Labour Law

2. Ensure 8 working hours per day andat least 44 hours per week.

Article 13:Work

1.While working,the staff must have high responsibiliies, concentrate strength and intelligenceon assigned work. Don’t handle private affairs while working.

2.Cooperate eachother in work. Do the assignments following the regulated process and act.

3.Truly, clearlyand accurately report to the superiors. Prepare the report in advance. Don’tallow somebody to self-distorb the truth for the private purpose.

4.Respect thesuperiors. Actively greet the superiors in advance while meeting. When coming tothe superiors’ office for work, don’t allow to self-interrupt dialogue in casethe superiors are working with partners or another superior. In urgent need, askpermission of the superirors in advance.

5.In negotiating,communicating with partners, the inferiors are not allowed to self- interruptor say prior to being asked; in urgent need, ask permission of the superirors priorto giving negotiation ideas.

6.In internalmeetings, work under control of the chairman. Don’t interrupt or self-giveideas while others are presenting.

7.Ensure industrialand environmental sanitation. Also, ensure working office to be tidy and clean.

8.Economize

CHAPTER III

WORKPLACE ARRANGEMENT

PART I: NATIONAL FLAG, PARTY FLAG & BUSINESS FLAG DISPLAY

Article 14:National flag, Party flag and Business flag display.

1. When to display flags:

Display the flags in the Company in thefollowing occasions:

a) National flag :

- Every Monday;

- Holidays regulated by the Governmentand Hanoi City People Comminttee

- Meeting of the VINACONEX1 Company, VINACONEXCorporation.

- Birthday Anniversaries of VINACONEX1Company, VINACONEX Corporation.

b) Party flag:

- Party’sBirthday, Independence Day and Party Congress Day of the Company, Corporation,Hanoi City and National Party Congress Day.

c) Business Flag:

- Every day at the company

- At theaffiliated units and on the important project site owned or bidded by the Companyor Corporation : there are specific regulations.

2. Where to display flags:

Display the flags in the ceremonialpositions.

PART II: WORKPLACE DECORATION

Article 15:Companynameplate

1. Company nameplate :

- Content ofthe nameplate: Construction Joint Stock Company No. 1 – VINACONEX1 written inboth Vietnamese and English with full adress, telephone and fax number.

- Arrange thenameplate at the main gate

2. Nameplate of the affiliated units

- Content :Construction Joint Stock Company No. 1 – VINACONEX1, name of the affiliatedunits, address, telephone and fax number.

- Arrange thenameplate of the affiliated units at ceremonial positions within their main office.

3. Advertising panel at projects

- Arrange advertising panels at theprojects owned or bidded by the Company.

- Content : Vietnam Construction and Export-ImportJoint Stock Corporation – VINACONEX JSC. ; Construction Joint StockCompany No. 1 – VINACONEX1, Company logo, project name, position title of thecompany at the project, address, telephone, fax number and email of thecompany.

- Dimension,material, detailed content and position are specifically regulated by theGeneral Director

Article 16:Workingoffice

1. At theoffice of company’s functional departments and affiliated units, hang nameplateshowing function, tasks of the department and affiliated units. At the office ofofficials at the positions from Chief Accountant to Vice General Directors upward,arrange nameplate showing name, position.

2. Arrangetable,chair, documents, other working means to be tidy and convenient to work. Regardingpositions such as Project Manager, Department Manager, Department DeputyManager upward, place nameplates with position, name on the working table.

3. Don’t burnincense or set altar at the working office.

Article 17:Vehicle parking area

1. Arrange a vehicle parking area forsuch vehicles as car, motobike, bycicle and others for the staff and clients.

2. Ensure the vehicle parking area tobe safe, orderly and stricly comply with regulation of fire prevention

3. Don’t charge parking fee from thestaff and clients.

CHAPTER IV

ATTITUDES TOWARDS THE STAFF

Article 18:Regulations and policies

The company is obligated to fully comply with the Lawregulations, policies and others towards the staff

Article 19:Gifts & presents

1. The company gives yearly gifts to the staff in the following occasions

- Staff’s birthday.

- Delivering retirement book to thestaff.

- Solar New Year, Lunar New Year,Labour Day of May 1^st and Independence Day of September 2^nd

2. Functional levels in charge:

- To officials, staff in the headquarter, Manager, DeputyManager of the affiliated units, the company is in charge of the gift.

- To others else, the affiliated units are in charge ofthe gift.

- Pursuant to the detailed regulations, the GeneralDirector regulates the specific content of the Article.

Article 20:Study, visit or holiday organization

Based on yearlyConstruction and Business condition, organize study, visit, holiday to improvequalification and strengthen health for the staff.

Article 21:Company’sAttitudes towards family of the staff

In case the staff gets married, getssick,injuried or loses a close relative, the Company

1.Gives presentin case of staff’s marriage

2.Visit, encourageand give present to sick, injured staff

3.In case staff’sclose relatives (including staff’s parents, parents-in-law, husband, wife, offspring,adopted children) pass away

The General Director specificallyregulates fund, financial support and authority level in charge.

Article 22:Cooperation,assistance indifficulties, misfortune

1.When the staffcope with difficulties andmisfortune in life

-The Company caresand supports in money or present.

-With thecooperation of the staff within the company, Trade Union organizes to mobilizeothers to contribute financial assistance.

2.Responding tothe compaign with high spirit, Company and the staff assist finance for thepoor or misfortuned victims.

Article 23:Implementation provision

1.The regulationhas validity from the signing date

2.Memeber ofBoard of Management, General Director, Vice General Director, Chief Accountantand the staff have responsiblity in complying the regulation ./.