(LUẬN VĂN THẠC SĨ) Solutions for improving the financial leasing asset management in Vinashin finance leasing company

ĐẠI HỌC QUỐC GIA HÀ NỘI KHOA QUẢN TRỊ VÀ KINH DOANH - LÊ QUANG THIỆP SOLUTIONS FOR IMPOVING THE FINANCIAL LEASING ASSET MANAGEMENT IN VINASHIN FINANCE LEASING COMPANY MỘT SỐ BIỆN PHÁP HỒN THIỆN CƠNG TÁC QUẢN LÝ TÀI SẢN CHO TH TÀI CHÍNH TẠI CƠNG TY TNHH MTV CHO TH TÀI CHÍNH CƠNG NGHIỆP TÀU THỦY LUẬN VĂN THẠC SĨ QUẢN TRỊ KINH DOANH Hà Nội - 2017 TIEU LUAN MOI download : skknchat@gmail.com ĐẠI HỌC QUỐC GIA HÀ NỘI KHOA QUẢN TRỊ VÀ KINH DOANH - LÊ QUANG THIỆP SOLUTIONS FOR IMPOVING THE FINANCIAL LEASING ASSET MANAGEMENT IN VINASHIN FINANCE LEASING COMPANY MỘT SỐ BIỆN PHÁP HOÀN THIỆN CÔNG TÁC QUẢN LÝ TÀI SẢN CHO THUÊ TÀI CHÍNH TẠI CƠNG TY TNHH MTV CHO TH TÀI CHÍNH CÔNG NGHIỆP TÀU THỦY Chuyên ngành: Quản trị kinh doanh Mã số: 60 34 01 02 LUẬN VĂN THẠC SĨ QUẢN TRỊ KINH DOANH NGƯỜI HƯỚNG DẪN KHOA HỌC: TS PHẠM THỊ THANH HÒA Hà Nội - 2017 TIEU LUAN MOI download : skknchat@gmail.com DECLARATION The author confirms that the research outcome in the thesis is the result of author‟s independent work during study and research period and it is not yet published in other‟s research and article The other‟s research result and documentation (extraction, table, figure, formula, and other document) used in the thesis are cited properly and the permission (if required) is given The author is responsible in front of the Thesis Assessment Committee, Hanoi School of Business, and the laws for above-mentioned declaration Hanoi, May 19th, 2017 TIEU LUAN MOI download : skknchat@gmail.com ACKNOWLEDGEMENT I would like to send my sincere thanks to Dr Pham Thi Thanh Hoa - Lecturer of the Institute of Finance and banking - Finance academy, who devoted her guidance to help me complete this dissertation I would also like to thank: - Teachers and lecturers in Master of Business and Administration – Vietnam national University, Hanoi taught and imparted knowledge to me during the course of higher education - Friends and colleagues in the work unit have encouraged me to study and research Hanoi, May 19th, 2017 Student Le Quang Thiep TIEU LUAN MOI download : skknchat@gmail.com TABLE OF CONTENTS ABBREVIATION INTRODUCTION Rationale Literature review 10 Aim of research 11 Object of research 12 Scope of research 12 Research methodology 12 Thesis structure 13 LIST OF FIGURES LIST OF TABLES CHAPTER I: THE BASIC THEORIES FOR THE MANAGEMENT OF FINANCIAL LEASING ASSETS 14 1.1 The basic issues about financial leasing 14 1.1.1 The concept of financial leasing 14 1.1.2 Characteristics of financial leasing activities 15 1.1.3 Classification of financial leasing forms 16 1.1.4 Comparison of financial leasing with operating leasing (net leasing) 19 1.1.5 Comparison between financial leasing with medium and long-term loans 21 1.1.6 The role and significance of financial leasing 22 1.2 The theory of management of financial leasing asset 24 1.2.1 The concept of management of asset in the financial leasing 24 1.2.2 Content of management of asset in the financial leasing 24 1.2.3 The indicators for managing the financial leasing asset 26 1.2.4 Comparing the management of financial leasing assets with the management of pledged, mortgaged assets in other credit institutions 28 1.3 Factors affecting the management of financial leasing assets 30 1.3.1 Subjective factors 30 1.3.2 Objective factors 30 CHAPTER II: THE SITUATION OF MANAGEMENT OF THE FINANCIAL LEASING ASSET IN VINASHIN FINANCIAL LEASING COMPANY 31 2.1 Overview of Vinashin Financial leasing Company 31 2.1.1 The foundation and development of the Company 31 TIEU LUAN MOI download : skknchat@gmail.com (LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company (LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company 2.1.2 Characteristics, main activities of the Company 32 2.1.3 Characteristics of the management system of the Company 33 2.1.4 Overall performance of the Company 35 2.1.5 Position of the Company in the financial leasing market 39 2.2 Situation of financial leasing operatens in VFL company 42 2.2.1 Situation of financial leasing operation and credit of risk 42 2.2.2 Situation of financial leasing operatens in VFL company 47 2.3 Evaluate the management of financial leasing assets 55 2.3.1 Advantages 55 2.3.2 Limitations and causes 56_Toc487100950 Chapter III Solutions for improving the management of leasing asset management in Vinashin finance leasing company 60 3.1 Development orientation of Vinashin finance leasing company 60 3.1.1 The general context of socio-economic 60 3.1.2 Orientation of the company in the future 60 3.2 Solutions to improve the management of financial leasing assets in Vinashin finance leasing company 62 3.2.1 Administration solutions 62 3.2.2 Solutions to build the asset management system for financial leasing 63 3.2.3 Human resource solutions 69 3.3 Recommendations and proposals 70 3.3.1 Recommendations to the State Bank 70 3.3.2 Recommendations to the Ministry of Finance 71 3.3.3 Recommendations to the Ministry of Police, Registry agency 71 CONCLUSION 73 REFERENCES 74 TIEU LUAN MOI download : skknchat@gmail.com (LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company (LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company ABBREVIATION - Ministry of Finance: MOF - Vietnam commercial bank of industry and development: BIDV - Vietnam commercial bank for Foreign: Vietcombank - Vietnam commercial bank for industry and trade: Vietinbank - Vinashin finance leasing: VFL - Vinashin finance company: VFC - Vietnam State bank: SBV TIEU LUAN MOI download : skknchat@gmail.com (LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company (LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company o Step 4: Signing the record, the agreement confirms liabilities and responsibilities, the rights of the parties to make a plan for transfer of assets o Step 5: Prepare plans and coordinate implementation of a safe transfer of assets, savings, rational regulations o Step 6: Update the changes to the system of property asset management data - For cooperation to leasing, mining assets: o Step 1: Review of client assets without the need to use without paying debts o Step 2: To find alternatives asset management system, customer, market and reference customer plans in order to offer the research evaluation o Step 3: The agreement on the mechanism for lease, units responsible for management, methods of managing the cash flow, maturity o Step 4: Signing the record, confirmed the responsibility agreement, the rights of parties to implement the leasing, asset exploitation o Step 5: Update the changes to the system of asset management data, make plans to monitor and check the property regularly to avoid the risk of loss or damage Solutions to build internal rules of asset control, financial risk control and improve the management of assets: Base options: the management of credit risk in terms of asset tracking and monitoring in the current financial situation was not effective and loose Therefore, the solution needed to tighten the management, inspecting the property, financial situation promptly Objective: improve the efficiency of monitoring and supervising the financial situation, assets situation Content of solution: - Developing regulations on coordination of internal exchange, updated information on the assets timely and closely for any fluctuations of assets in order to limit any risks - Developing the mode of risk management corresponds to the status of customer loans: debt group, according to the debt situation of the group, according to the business situation, customer revenues, as follows: 67 TIEU LUAN MOI download : skknchat@gmail.com (LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company (LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company Debt group Mode of risk management Checking finance Checking asset 01 year/time 06 months/time 09 months/time 06 months/time 06 months/time 03 months/time Applied additional measures - Verifing the cash flow months/time - Verifing the cash flow each quarterly - Verifing the asset each quarterly - Verifing the cash flow every month 03 months/time 03 months/time - Researching recovery plan and handling the asset - Researching the valuation and auction - Verifing the asset periodically 60 days/time - Researching recovery plan and handling the asse 03 months/time 03 months/time - Researching the valuation and auction - Verifing the asset periodically every month Solution to build the database of asset management: Base options: information data base to update the storage of assets is mainly craft, making it difficult to track information The property is transportation have no positioning device remote for monitoring Therefore, we have the solution improved asset information system to ensure more efficient and associated with the administration of company leaders Objective: building asset information system smoothly, efficiently and accurately Content of solution: investing in the database system of asset management to ensure the update, storage, warning information on the assets for asset officers, managers, leaders of the company This is the system to meet the requirements of operational leasing operations in the future - Function: o Having the hardware to control the location, journey, time and statistics remote o It can be updated, storage, retrieval, reporting, alerting, data transfer o Decentralisation, use, access o It can be queried, updated remotely through server 68 TIEU LUAN MOI download : skknchat@gmail.com (LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company (LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company o Easy to pair the system with information technology base of the existing company and later o Easy to upgrade and expand in the future to serve the wealth management business in other future services such as operational leasing, insurance agent - The basic system components include: o System information technology infrastructure o System management software o Control of information by satellite: GPS Tracker  control positions, the journey of assets  status, activetime, time off of assets 3.2.3 Human resource solutions Base option: based on the status qualification and professional managers of the property, based on the orientation activities and goals of the management of assets in the future to see the need for adding and retraining the asset managers not only to meet current requirements but also to meet the requirements of development in the future Objective: improve the efficiency of asset management, building the professional staff of property management, qualified professional to perform the inspection, monitoring and evaluation asset Content of solutions: a Planning and recruiting: Planning the personnel to meet the requirements of short-term deficits as well as the required development of new services as: operational lease, services of collateral management for the parent company, insurance agency services, credit service for providers Recruitment needs: - To meet short-term requirements: 02 staffs including 01 staff is in the central region, 01 officer is in the South region in order to reduce travel expenses and time for inspection property, ready to respond to the volatility of the asset - Meet the requirements of long-term development of new services in the future: further 05 staff within the next 05 years: o 02 professional staffs in shipbuilding o 02 professional staffs for marine vessel operators o 01 professional staff for mechatronics b Training: 69 TIEU LUAN MOI download : skknchat@gmail.com (LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company (LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company - Organizing the seminars about asset management operations with the participation of other credit institutions, the units in the financial leasing association to strengthen links, discuss removing difficulties and propose solutions to improve the quality of asset management - Sending staff to training courses, short training by the State Bank, Ministry of Finance, Ministry of Justice organization for credit institutions in general and the financial leasing Association in particular - Sending staff to specialized training courses on property valuation in order to serve the appraisal values before, during and after the rental, while asset disposal 3.3 Recommendations and proposals The financial leasing association have a role as a bridge between the financial leasing companies and State management agencies, particularly the State Bank and the Ministry of Finance Association is the coordination with several ministries such as the State Bank, Ministry of Finance, Ministry of Justice, Ministry of Public Security organized several conferences and seminars participation about the feedback on drafts legal documents, or common policy documents related to financial leasing activities The main activity directions of the financial leasing companies in current period and the near future is still handling with the problems and restructuring under the direction of the State Bank 3.3.1 Recommendations to the State Bank - Allowing the financial leasing companies are required the lessees to adding the assets in case of the value of the periodic valuation of financial assets is lower than the residual debt This is to ensure that credit risk and improving the responsibility to preserve and use the property of the lessee - Asset Insurance: The lessee is responsible to purchase the insurance for the entire period instead of buying the insurance as the current annual The lessors choose the terms, coverage, purchasing procedures and the lessee shall have the premium payment - Developing the specific regulations on risk management, safety ratio, debt classification, classification of assets and the provision for risks to apply for the financial leasing companies 70 TIEU LUAN MOI download : skknchat@gmail.com (LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company (LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company - Allowing Vinashin finance leasing company to expand the business operations to new business service is insurance agent which is not much risk services, generates revenues, resolves the current difficulties - Allowing Vinashin finance leasing company to expand the operational lease in order to increase revenue, expand business areas - Publishing the legal documents to guide the detailed activities of financial leasing operations, and especially the work of recovery, handling the asset Currently there is Circular 08 between State Bank – Ministry of Police Ministry of Justice about recovery and handle asset however through actual Vinashin finance leasing company faces many difficulties due to the concept of circular has not been clearly explained, or misleading meanings and lead to misapplication - The State bank as well as the competent authorities organize to evaluate, purchase the bad debt On that basis, Vinashin finance leasing company can perform credit growth on the principle of ensuring the new leases have good quality, in order to generate cash flow, gradually adjust the asset structure capital resources 3.3.2 Recommendations to the Ministry of Finance - Having the preferential tax policies for the lessee through the form of financial lease, to promote and encourage this new business in Vietnam - Uniforming the provisions referring to financial leasing companies are exempt from import duties for machinery and equipment in the case of the financial leasing company is directly imported unit There currently exist many provisions of the Tax Department, Ministry of Finance, Ministry of Planning and Investment, Ministry of Industry and Trade addressed this but it does not fully and clearly, there sometimes is controversial 3.3.3 Recommendations to the Ministry of Police, Registry agency - Ministry of Police: o Facilitate for property registration in the area which has the lessee and still named the lessor o The transfer into the name of the owner does not need to withdraw the original dossier (making process interruption procedures and take a long time by going through the stages of withdrawal registration records where old and filing at the registered) 71 TIEU LUAN MOI download : skknchat@gmail.com (LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company (LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company o Supporting to the lessor in case of assets are be recovery and handled that encounter the resistance of the lessee (appling for the vehicle traffic and other fixed assets) - Registry agency: o Facilitating the assets registration in registry offices where the property is close to the most o Facilitating the property owner (the financial leasing company) have access to the information portal of the state registry of assets 72 TIEU LUAN MOI download : skknchat@gmail.com (LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company (LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company CONCLUSION Facing the requirements of international economic integration, asset management in financial leasing has become an important priority task towards the objective of safe, effective and sustainable development with the financial leasing companies in Vietnam However, the results of Vinashin finance leasing company achieved in the past is not as expected as well as too low compared with the performance of other financial leasing companies in Vietnam In the current context of Vinashin's difficulties, the introduction of solutions to improve asset management in financial leasing activities at Vinashin finance leasing company is a major and relatively complex issue Based on the application of scientific research methods, the thesis has achieved the following main results: - To outline and systematize the basic theory of financial leasing and asset management in financial leasing activities, thus providing indicators on asset management for prevention purposes And reduce credit risk in financial leasing activities - Analyzing and evaluating the overall organization and operation of Vinashin finance leasing company, which goes into the analysis and assessment of real estate management in financial leasing activities in Vinashin finance leasing company Accordingly, asset management is still limited and risky At the same time, the thesis has pointed out the shortcomings in asset management and the causes of these problems Based on the assessment of the current status and limitations of the management of financial leasing assets, the thesis proposed solutions and recommendations to improve the management of assets in leasing activities in Vinashin finance leasing company Shortterm solutions can be deployed immediately, long-term solutions require additional research and expert consultation Due to insufficient data and accurate representation of the subject, it is hoped that the theoretical, practical and solution issues mentioned in this dissertation will become a reference It makes sense for financial leasing companies and fellow practitioners of the same interest to study this issue in the current context 73 TIEU LUAN MOI download : skknchat@gmail.com (LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company (LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company(LUAN.VAN.THAC.SI).Solutions.for.improving.the.financial.leasing.asset.management.in.Vinashin.finance.leasing.company