Board of Directors Meeting – Q3 2012
2012-10-16 04:10:44
On October 13, 2012, Tinh Van Technology Joint Stock Company (Tinh Van Group) held its Board of Directors (BOD) meeting for the third quarter of 2012, chaired by Mr. Hoang To – Chairman of the Board and General Director of the Company.
In his opening speech, Chairman and General Director Hoang To emphasized: “In the first nine months of the year, Tinh Van Group is proud to be among the few profitable businesses with good growth momentum, despite the worsening macroeconomic environment showing no signs of stopping. In this period of market and economic instability, we must maximize the core values that Tinh Van has accumulated over the past 18 years: a leadership team committed to the company’s common goals, a strong governance system, and the agility to seize new business opportunities in the rapidly developing IT market.”
The reports from the Executive Board and Tinh Van Group’s member units provided an in-depth analysis of business results, highlighted completed objectives, and outlined plans and targets for the last three months of 2012.
The Software Solutions & System Integration Center – Tinh Van Solution has successfully restructured, transitioning into a Single-Member Limited Liability Company for Software Solutions & System Integration with two centers: the Product Business Center – focusing on Tinh Van’s traditional packaged software products, and the Project Business Center. The Company’s branch in Ho Chi Minh City is also developing sustainably, following the right direction, and consistently meeting its targets.
Tinh Van Software Export Joint Stock Company – Tinh Van Outsourcing has closely followed its strategy of outsourcing software for mobile phones on Android and iOS platforms, focusing on exporting software to Japan and Singapore. At the same time, Tinh Van Outsourcing has prioritized building its workforce by opening two training courses for approximately 35 programmers.
Tinh Van Consulting and Enterprise Management Joint Stock Company – Tinh Van Consulting maintains its pioneering position in providing comprehensive human resource management solutions (HiStaff) for medium and large enterprises.
Minh Chau Entertainment Joint Stock Company – Minh Chau Corp has accelerated the release of role-playing games on mobile phones, becoming one of the pioneering companies in Vietnam in the field of online game services. Minh Chau Corp has also completed system integration with telecom network service providers in Vietnam such as Mobifone, Vinaphone, Viettel, EVN, Sphone, HT Mobile, Beeline, and has extensive relationships with value-added service providers through shortcodes in Vietnam.
Tinh Van Telecom Joint Stock Company – Tinh Van Telecom has defined a clear strategy of building a digital content distribution network based on a model linked with leading online newspapers and news sites in Vietnam.
Regarding business results, most units achieved their targets for the first nine months. Notably, Tinh Van Telecom reached 110% of its annual revenue plan. In Q4, units will continue striving to meet and exceed business targets, ensuring the revenue levels committed by the Executive Board at the Company’s General Meeting of Shareholders.
Evaluating the reports from the Executive Board and member units, the BOD emphasized: In Q4, the macroeconomic situation will continue to be difficult. The Executive Board of Tinh Van Group and its member units must strengthen cost control, maximize savings, eliminate unnecessary expenses, stay focused on targets, and strive to complete the set plans.
Bui Yen