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Handover and Preliminary Wrap-up Meeting for First 6 Months of 2019 Machines and Industrial Equipment Corporation (MIE)

07/09/2019
In the morning of July 4th 2019, at the Head Office of Machines and Industrial Equipment Corporation, No. 7A Mac Thi Buoi, Vinh Tuy ward, Hai Ba Trung district, Hanoi, the Handover and Preliminary Wrap-up Meeting for the first 6 months of 2019 took place.
In the morning of July 4th 2019, at the Head Office of Machines and Industrial Equipment Corporation, No. 7A Mac Thi Buoi, Vinh Tuy ward, Hai Ba Trung district, Hanoi, the Handover and Preliminary Wrap-up Meeting for the first 6 months of 2019 took place.
 
The meeting was attended by the members of Board of Management, Board of Directors, President of Trade Union, Head of Control Committee, the managers of departments, commissions and centers of the Corporation and the leaders of other units under the Corporation.
 
Mr. Nguyen Khac Hai, Deputy Secretary of Party Committee, General Director of MIE presided over the meeting.
 
At the meeting, Mr. Pham Thanh Dong, Vice General Director, on behalf of Board of General Directors of the Corporation, reported following contents:
1. The implementation of business and production plan for the first 6 months of 2019, the estimated implementation for the last 6 months of 2019.
2. The capital withdrawal.
3. The management of finance and personnel.
4. Others.
 
After having listened to Deputy General Director Pham Thanh Dong present the preliminary wrap-up report on the first 6 months of 2019; the directional statement of Chief Executive Officer of the Corporation, the opinions of Deputy General Director in charge of finance and accounting, Head of Control Committee, President of Trade Union and Chairman/General Director regarding discussion contents of the Meeting as well as other opinions, suggestions and explanations. By analyzing and assessing their opinions, General Director of the Corporation made following conclusions:
 
1. Regarding business and production:
- General assessment: while some units have accomplished their business and production plans for the first 6 months of 2019, other units have not achieved their planned targets for the first 6 months of 2019. Due to the sector characteristics, the revenue value typically accumulates by the end of a year. So, it is suggested that the Chairman, General Director and Leaders focus on directing the promotion of business and production in order to ensure the accomplishment of 2019 plan targets.
 - The Corporation has enacted its Development Direction for period of 2019-2021, vision by 2026, it is proposed that the Leaders direct their units in making plans to achieve their targets as defined in their directions.
 
2. Regarding capital withdrawal:
- The Corporation keeps the capital withdrawal in accordance with the regulations of Prime Minister. However, during the implementation, there are still difficulties, especially objective factors; for example, there are no guidance documents for defining historic and cultural value. This may persist, making it difficult to define the date of capital withdrawal completion.
- The parent company and its subsidiaries defined their short-term focal duties as follows: Strengthen the administration, highly focus on directing the business and production, gradually enhance the capacity of management, business and production, and raise the efficiency of capital and asset use as a premise for later capital withdrawal after having dealt with objective factors.
 
3. Regarding business finance management:
Most companies have made great positive changes in financial management compared to that in 2017 and 2018. The financial management has been specified by Leaders at a new level and initially and actively followed direction contents, positively dealt with certain shortcomings. It is suggested that they keep and strengthen the financial management in the forthcoming period.
 
4. Regarding personnel and salary management:
- Personnel management: Companies have made positive changes in personnel management, especially in restructure of the Corporation system and recruitment, training, re-training, and on-site training. In the forthcoming period, it is proposed that they continue reinforcing, maintaining and upholding.
- Units are interested in, make plans for developing, training and further training officers and well implementing officer planning.
- Seriously build planned salary funds, settle salary fund as timely as stipulated. Use aids for movement in supporting laborers for correct purposes, regulations and ensuring efficiency.
 
5. Regarding restructure of subsidiaries
- Patiently maintain the re-structure of the Corporation Branch in Ho Chi Minh City, Industrial Construction Company.
- Tu Son Regulation Factory: Chairman cum. General Director of Mecanimex Corporation promptly direct the restructure project, definitively finish it in July-August 2019 so that the Factory is stable in terms of direction, organization, and personnel and focuses on effective business and production immediately in 2019.
 
Some photos of the Meeting
 
Mr. Nguyen Khac Hai, Deputy Secretary of Party Committee, General Director of the Corporation
is presiding over the Meeting

Mr. Pham Thanh dong, Deputy General Director of the Corporation is presenting the preliminary
wrap-up report for the first 6 months of 2019

Mr. Tran Quoc Toan, Secretary of Party Committee, Chairman of Management Board
is giving his directional opinion at the Meeting

Ms. Tran Thi Thu Trang, Deputy General Director cum. Head of Finance and Accounting Committee
of the Corporation is giving her opinion

Mr. Dinh Quang Hoa, Head of Control Committee of the Corporation is giving his opinion
 
Mr. Phan Pham Ha, Member of Management Board of the Corporation, General Director
of Hanoi Mechanical Company is giving his opinion

Mr. Nguyen Anh Tuan, Chairman cum General Director of Technoimport Company is giving his opinion
 
Mr. Nguyen Van Thanh, General Director of Quang Trung Mechanical Company is giving his opinion

Ms. Nguyen Thi Thanh Binh, General Director of Mecanimex Company is giving her opinion

Mr. Vu Trung Thuc, General Director of Tools JSC No. 1 is giving his opinion
 
Mr. Cu Ngoc Phuong, General Director of Duyen Hai Mechanical Joint Stock Company is giving his opinion
 
Mr. Truong An Phuoc, Director of Tu Son Regulation Factory is giving her opinion

Mr. Dinh Hong Mai, Chairman of Trade Union of the Corporation is giving her opinion

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