Hoa Binh CEO: “Active employees will not be laid off”

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Although there are many difficulties ahead, especially for construction enterprises, Mr. Le Viet Hai said that it is necessary to have an optimistic view.

Using the limited time between numerous meetings in a large construction corporation that is facing the consequences of the Covid-19 pandemic, Mr. Le Viet Hai, CEO/chairman of tỷ lệ cá cược bóng đá shared: “The pandemic Covid-19 has a negative impact on the world economy and Vietnam in particular. Hoa Binh is not an exception”.

Works and production decreased 30-40%

Mr. Le Viet Hai said that cá cược bóng đá 88 first industry to feel cá cược bóng đá 88 effects is cá cược bóng đá 88 tourism real estate industry. Many tourism real estate projects such as shop houses, hotels, resorts, resort villas, entertainment areas, etc. which are under construction have been temporarily halted and projects that were about to commence have stopped.

However, this is a key construction market segment for Hoa Binh

From cá cược bóng đá 88 beginning of this year until now, Investors’ business activity has been delayed along with cá cược bóng đá 88 temporary work suspension under cá cược bóng đá 88 direction of cá cược bóng đá 88 Government to control and prevent cá cược bóng đá 88 disease.

As a result, Hoa Binh's workforce and output are reduced by 30-40%, while many expenses for operating businesses cannot be reduced.

 “At cá cược bóng đá 88 earliest, cá cược bóng đá 88 epidemic situation will be less complicated in June. At cá cược bóng đá 88 latest, it will extend until cá cược bóng đá 88 third quarter of this year. Therefore, many challenges still await” – Hoa Binh CEO predicted.

However, Mr. Hai said that there should be an optimistic view. Although cá cược bóng đá 88 epidemic is still present, production and business activity needs to resume and people working together with cá cược bóng đá 88 best disease prevention practices.

 “If businesses do not resume operations, unemployment rates will rise and burdens will build” – Mr. Hai emphasized – “I believe that when cá cược bóng đá 88 epidemic situation is controlled, governments will allow business to trade normally, and economic activity will recover and thrive. "

CEO Le Viet Hai active employees will not be laid off

How to prosper following cá cược bóng đá 88 pandemic?

overcome cá cược bóng đá 88 storm, Mr. Le Viet Hai says, Hoa Binh is applying many different solutions to maintain their business, ensure employment, and at cá cược bóng đá 88 same time help cá cược bóng đá 88 Group to recover quickly after this crisis.

These solutions include three groups of restructuring: Restructuring management systems, restructuring human resources and financial restructuring.

According to cá cược bóng đá 88 chairman of Hoa Binh, cá cược bóng đá 88 restructuring of cá cược bóng đá 88 management system to allow cá cược bóng đá 88 majority of members to work on cá cược bóng đá 88 Internet means it is not mandatory to be physically present at cá cược bóng đá 88 office.

Accordingly, Hoa Binh applies cá cược bóng đá 88 Online Operation System to coordinate work among departments and construction sites, utilizing cá cược bóng đá 88 internet infrastructure for online meetings and applying digital signatures to work through step-by-step workflow processes including approval of payment records without printing.

Re-structure human resources, Hoa Binh is aiming at preventing lay-offs for all cá cược bóng đá 88 active employees and creating jobs for them.

A highlight of the solution is building a high quality human resource supply chain, forming the "Ecosystem of tỷ lệ cá cược bóng đá".

After training, staff will be selected for part-time or full-time assignments to subsidiaries and affiliate companies, or strategic partners in cá cược bóng đá 88 group.

Regarding financial restructuring, Hoa Binh aims to use capital efficiently, ensure business solvency and maintaining stable operations.

cá cược bóng đá 88 difference this construction company makes, is to set up a union fund which encourages others to contribute part of their salary. In particular, cá cược bóng đá 88 Chairman of cá cược bóng đá 88 Board and General Director will contribute 60% -80% of his salary.

As construction projects across cá cược bóng đá 88 market declines, cá cược bóng đá 88 price of many items in cá cược bóng đá 88 industry will also decline as a result. Mr. Le Viet Hai has instructed business units buying, selling and liquidating scrap materials to take advantage of cá cược bóng đá 88 company’s electronic procurement system and make cá cược bóng đá 88 most of cá cược bóng đá 88 "auction" mechanism to ensure competitiveness and transparency.

At cá cược bóng đá 88 same time, cá cược bóng đá 88 Procurement Department needs to regularly update cá cược bóng đá 88 purchase price via online bidding as well as consider cá cược bóng đá 88 resulting reduction of any other costs to improve cá cược bóng đá 88 competitiveness of bid prices.

CEO Le Viet Hai active employees will not be laid off

cá cược bóng đá 88 government need to delay cá cược bóng đá 88 collection of taxes

In addition to being "self-reliant" to survive cá cược bóng đá 88 pandemic, cá cược bóng đá 88 chairman of Hoa Binh proposed that in cá cược bóng đá 88 immediate future, cá cược bóng đá 88 Government should extend cá cược bóng đá 88 tax payment schedule, exempt and reduce various taxes to support businesses undergoing difficulties.

At cá cược bóng đá 88 same time, cá cược bóng đá 88 government needs to hold off social welfare tax for corporations. Especially, Mr. Hai suggested, after cá cược bóng đá 88 pandemic is controlled, cá cược bóng đá 88 government needs to quickly remove real estate projects’ legal requirements complications to push cá cược bóng đá 88 development of real estate and lower cá cược bóng đá 88 unemployment rate, quick deployment for private investment project

At cá cược bóng đá 88 same time, cá cược bóng đá 88 Government should temporarily exempt social welfare tax for businesses. In particular, Mr. Hai proposed that immediately after cá cược bóng đá 88 epidemic is under control, cá cược bóng đá 88 Government should quickly remove legal obstacles for real estate projects to promote cá cược bóng đá 88 industry’s rapid development, faster commencement of private investment projects, and reduction of cá cược bóng đá 88 unemployment rate.

 

Ngô My

According to Soha 15/04/2020

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