Minute Signing
Ceremony of Transferring rights and obligations of the State Capital’s Owner
Representatives
The member
participated in the Conference: Mr. Nguyen Hong Quan – Party Member, Minister
of MOC; Ms. Ngo Thi Doan Thanh – Vice Party Secretary acts as Chairman of HaNoi
City People’s Council; Mr. Vu Tien Loc – Chairman of Chamber of Vietnam
Commercial & Industry; Mr. Tran Van Hieu – Vice Minister of Financial
Ministry and Representatives of Ministries, Sectors, Banks from the Central.
Mr. Nguyen Hiep –
Chairman of Management Board of the Corp. displayed the report of the 10 years
summary of innovation and development as the Corporation model of HUD (now is
Parent Company – Housing and Urban Development Corp. – HUD Holdings). On the 2nd June 2000, HUD was established
on the Decision No.08/2000/QĐ-BXD of Minister of MOC. After 10 years, thanks to
the solidarity, creation, enterprising sprits and especially to promote wide
deployment of synchronization modern new
urban model to the local authorities in the country while completing
equitization of subsidiaries, to operate as the parent company – subsidiary
company model in 2006, the Corporation has enhanced the capacity of the
subsidiaries through the creation of conditions for companies to coordinate the
implementation of second class projects at the project level of the parent
company should HUD had the largest growth boom as production value increased 77
times, equity increased 30 times…
The process of
restructuring and business innovation in 10 years as well as the Corporation
continuously has perfected the management mechanism, professional and
experienced workforce in organizing the implementation of investment activities and real estate
business. HUD’s position and brand name is growing up. With the capability,
experience, management structure and present brand, HUD meets all requirements
that on the 12th January 2010 the Government signed the Decision No.54/QD-TTg
for approving a pilot project of establishing Viet Nam Housing and Urban
Development Group (HUD Group) in which Housing and Urban Development
Corporation (HUD) is the key member the Decision No.55/QD-TTg for establishing
the Parent Company – Housing and Urban
Development Group (HUD Holdings) being based on reorganizing the organization
mechanism of HUD. The main purpose is to
form a State Economic Group that acts in the housing development, real estate
business and performing the State’s direction and policy.
Making speeches
in the Conference, Minister Nguyen Hong Quan and Mr. Vu Tien Loc had praised
and highly appreciated HUD Holdings’ achievements in the passed 10 years in the
new model. The time they proposed to the Group continues to focus on improving
operational regulations, and collection and promote the power of the unit
members to successfully implement the tasks of the Party and State Information
entrusted to.
Minister Nguyen
Hong Quan and some delegates witnessed the Minute signing Ceremony of
Transferring rights and obligations of the State Capital’s Owner
Representatives at the State Corporations by and between Mr. Tran Thanh Ha – Head
of planning and finance department – MOC
and the leaders of the Group and the Corporation to participate in the HUD Holdings.