Conference of Capital Management Representatives of BDCC at its member Companies; Review of Production and Business Activities in the first quarter, Task Performance for the second quarter of 2014

Attended and directed the meeting were Mr Nguyen Huy Hoan – Party Secretary, Chaiman of Members Council of the Corporation, Mr Le Trung Kien – General Director of the Corporation. Attending the meeting were members of the Party Standing Committee, Council members, Deputy General Directors, Chairman of trade Union, comptrollers, Chief Accountant, Chief and vice chief of Party office, heads and deputy heads of all functional departments, Chairmen of Management Boards, directors of member Companies, capital management representatives of Bach Dang Construction Corporation and headmaster of Hai Phong Professional Technical school.

Review of production and business activities in the first quarter: In spite of difficult economic situation and long Tet holiday period affecting business and production activities of the Corporation, right from the beginning of the year, the Corporation has focused on guidance and management to overcome difficulties for achievement target of plan in 2014.The production and business results of the Corporation in the first quarter: the main plan target has been basically completed.

The reports on review of performing the tasks of capital management representatives of the Corporation at its member Companies in 2013, and financial plan of 2014 was presented at the Conference. Accordingly, majority of capital management representatives of the Corporation at member Companies have complied with the implementation of the Enterprise Law, action regulation of capital management representatives of the Corporation at member Companies and other current regulations during the management and direction process. And they have also promoted autonomy in directing and managing their own Companies to complete the production and business activities in 2013.

Making speech at the Conference, Mr Nguyen Huy Hoan – Chairman of Members Council of the Corporation required member Companies to pay attention to: Promoting the management to reduce administrative and production costs, especially the costs of materials and supplies, business management cost; Accelerating the recovery of capital, debt collection, increase capital turnover; Having a specific plan for loans, raising capital for each period, making plans for loan repayment to reduce cost, seeking low interest loan; Considering suitable investment opportunities with early repayment ability and be effective; regularly report on activities and problems in the managing process of production and business activities at member Companies.

To conclude the meeting, Mr Le Trung Kien – General Director of the Corporation replied to petition and suggested measures to solve the difficulties with each member Company and  required the leaders of member Companies to be more drastic in managing, implementing the requirements of the projects in construction and accelerate marketing for new jobs, particularly focus on projects of waste water and solid waste management,  transportation projects in Hai Phong City, thermal power plant projects, and ODA capital and State budget projects.

To fulfill the plan of production and business in the second quarter and the task of production and business in 2014, leaders of the Corporation determine that construction field accounts for major proportion in the Corporation’s production and business and he required member Companies to focus on good execution of construction projects, accelerating marketing for new jobs, striving to achieve the whole year plan targets outlined.