Thanh Ha Constrexim JSC Actively Overcoming Challenges

After its privatization, the Company started a new approach with operation under new mechanism which requires dynamism and creativeness of management staffs and each shareholder should act to keep up with development trend of market mechanism. Many measures adopted have helped to stabilize the company’s development. Concerning human resources, emphasis is laid to responsibility, capacity strengthening on a rolling basis, active study and application of technologies to meet the investors’ requirements well. The company has introduced preferential supporting policies toward the employees, especially young ones to be sent to training. To address difficulties in capital, the company has taken full advantages of all mobilization forms to guarantee stable operation.

 

 According to Director Tran Trung Thanh of Thanh Ha Constrexim JSC, given the difficulties in real estate market in recent years, enterprises involved in construction materials like Thanh Ha have encountered many obstacles in production and business activities, caused by not only narrowed market but also sectoral internal fierce competition etc. Thus, the Board of Directors has always managed to work out the optimal plans for design, material selection, equipment and suppliers etc so that there will be best products with the most economical costs. It requires the company to pioneer in technology innovation, application of technology advance in production, encouraging creativeness in production and technical renovation as well as ecological environment protection.

 

With such efforts, for years, the company has gained stably increasing growth rate year by year. In the first 9 months of 2012, the turnover reached VND20 billion. Since its privatization, the company has respected and promoted collective ownership and business activeness. Mr Thanh shared that in coming time, the Company will exploit all resources, strengths, timely address weaknesses and pay constant attention to the members’ life. In the context of economic fluctuations, to increase competitiveness, the company has made attempts to engage Thanh Ha brand with “product quality”. The measures to overcome depression include to limitation of loans from banks, rely on internal funding resources, flexibility in production and emphasis on investment into necessary machines, equipment and vehicles.