(Tiểu luận) topic an analysis of the businessperformance at cat tuong logisticstrading construction co , ltd

In order to have a better overview of the company’s marketing activities, I have chosen the topic: “An analysis of business performance at Cat Tuong Logistics Trading Construction Co., L

FOREIGN TRADE UNIVERSITY

FACULTY OF BUSINESS ADMINISTRATION

-MID – COURSE INTERNSHIP REPORT Major: International Business Administration TOPIC: AN ANALYSIS OF THE BUSINESS PERFORMANCE AT CAT TUONG LOGISTICS TRADING CONSTRUCTION CO., LTD

Student name: Bui Minh Tuong

Student ID: 2013280040

Class: English 1

Course: K59 - CTTTQT

Instructor: Ph.D Bui Thu Hien

Hanoi, 2023

ACKNOWLEDGEMENT

Submission Approval

(Signature)

Bui Thu Hien

First, I am deeply indebted to my instructor Ms Bui Thu Hien, a lecturer of Foreign Trade University for her guidance during the whole of internship and research period I wish to express my great appreciation to her huge support and responsiveness throughout the research period Her suggestion and comments were really a great source of spirit to make the report improved significantly

Furthermore, I am also grateful to Mr Bui Khac Hung, director of Cat Tuong Logistics Trading Construction Co., Ltd, who has been helpful with general advising and supporting from beginning to end of my internship period Finally, I wish to thank all staff and colleagues of Cat Tuong Logistics Trading Construction Co., Ltd for their support during the time I worked and researched in the company

INTRODUCTION

Vietnam's economy is currently expanding quickly, and urbanization there is progressing quickly As a result, the need for high-rise structures, apartments, townhomes, industrial buildings, and road bridges increases swiftly The state and businesses have made significant investments recently in building infrastructure, urban transportation systems, and other critical economic facilities At the same time, the demand for construction has been steadily rising as living standards grow

Additionally, there is a rapid expansion in the manufacture, production, and distribution of goods to consuming sites Due to the widespread use of labor and money as well as the significance to the development of other fields, the construction industry has expanded to become a substantial segment of the national economy The market for building materials is booming, and there are many intricate processes going on, with the trade and logistics of building materials serving as a key link It establishes a link between producers, agents, and significant projects, facilitating the simple movement of building supplies around the nation At the same time, it also plays a significant role in the nation's economic development, having an impact on numerous businesses and professions

As a student majoring in the faculty of Business Administration, logistics and construction is also an area I am interested in and want to learn Therefore, I chose Cat Tuong Logistics Trading Construction Co., Ltd to practice After 5 weeks of internship, I learned about the building materials market as well as the company's marketing operations, with the help of the board of directors, departments, and the dedicated guidance of PhD Bui Thu Hien In order to have a better overview of the company’s marketing activities, I have chosen the topic: “An analysis of business performance at Cat Tuong Logistics Trading Construction Co., Ltd”

This report is divided into 3 chapters:

Chapter 1: An introduction about Cat Tuong Logistics Trading Construction Co., Ltd

Chapter 2: An analysis on business performance of Cat Tuong Logistics

Trading Construction Co., Ltd

Construction Co., Ltd

Due to my limitation of knowledge, skills, and experience, mistakes and faults are inevitable I welcome all comments, advice, and suggestions that help me improve the quality of the report

Finally, I would like to express my gratitude to my instructors and Cat Tuong Co., Ltd’s staff for helping me complete my mid-course internship

CHAPTER 1: INTRODUCTION ABOUT CAT TUONG LOGISTICS TRADING CONSTRUCTION CO., LTD

- Company's name: CAT TUONG LOGISTICS TRADING CONSTRUCTION COMPANY LIMITED

- Trading name: CAT TUONG CTL CO., LTD

- Tax code: 2802397385

- Operation status: In operation (have been granted the registration certificate)

- Registrar place: Tax Branch of Thanh Hoa City - Dong Son

- Address: No 02, Hac Thanh Street, Tan Son Ward, Thanh Hoa City, Thanh Hoa

- Phone: 02373754972

- License date: April 1, 2016

- Operation start date: 04/05/2016

- Account receipt date: Mar 30, 2016

- Taxes payable: Value-added tax, import and export tax, corporate income tax, personal income tax, license tax

1.2 The process of formation and development

1.2.1 Formation

Cat Tuong's founding and establishment required a methodical and strategic approach supported by thorough preparation and wise decision-making The company's creator showed a good business sense by doing in-depth market research and identifying a specific market niche that brought together the industries of building, commerce, and logistics The creator was inspired to put together a skilled and specialized team of industry specialists who were endowed with an instinctive grasp of logistical operations, trading practices, and construction management This

discernment served as a crucial point of value discovery

These professionals engaged in synergistic collaboration to engender a comprehensive business plan, which served as the blueprint for the company's endeavors The meticulously crafted business plan encompassed delineating the company's overarching objectives, identifying the target market, and formulating astute competitive strategies aimed at fortifying its market position Thus, the enterprise embarked on a journey towards actualization, meticulously acquiring the

requisite licenses, permits, and certifications to ensure full compliance with prevailing industry standards and statutory regulations, thereby bolstering its credibility and trustworthiness within the market landscape

Concurrently, the visionary team proactively pursued financial backing to secure the requisite funding for a successful launch of their operations This cautious strategy guaranteed financial stability and won the trust and support of investors and stakeholders, further supporting the venture's viability

Crucially, the formation process of Cat Tuong encompassed the development of a robust supply chain network, a fundamental pillar in its pursuit of operational excellence In fostering meaningful partnerships with suppliers, manufacturers, and subcontractors, the company exemplified its unwavering commitment to unwavering quality, streamlined efficiency, and optimum resource management The cultivation of such symbiotic relationships fortified the foundation for sustainable growth, facilitating Cat Tuong's position as a formidable player in the logistics, trading, and construction domain

With cautious but decisive steps, Cat Tuong commenced its foray into the industry, mindful of the need to lay a strong and resilient groundwork for future expansion and success By adhering to prudent planning, astute market analysis, and agile strategizing, the company was poised to make a resounding impact on the dynamic logistics trading construction sector

In summation, the establishment of Cat Tuong is a testament to the salience of meticulous planning, value-driven insights, and strategic alliances This exemplar of astute entrepreneurship serves as a compelling case study for aspirants seeking to navigate the intricacies of market entry and enduring success within the ever-evolving business landscape of logistics, trading, and construction

1.2.2 Development

- In the year 2016, Cat Tuong Co., Ltd was established with a primary mission centered on the construction of residential properties, emphasizing their commitment to creating comfortable and habitable living spaces for individuals and families

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- Cat Tuong Co., Ltd had become a well-known and significant brand in the

housing construction industry by the year 2019 Their skill went beyond residential construction; they were also outstanding at installing household appliances, which further cemented their place in the market The business also handled sizeable

projects for the railway sector, showcasing their adaptability and capacity to work

on the building of railway stations, warehouses, and related infrastructural

projects

- Cat Tuong Logistics Trading Construction Co., Ltd has positioned itself for

sustained success and continuous impact on the upcoming years as they

consistently advance with a focus on innovation and customer satisfaction The company's future prospects and potential to make a lasting impact in the fields of construction, trading, and logistics are encouraged by their progressive approach, commitment to quality, and diverse experience

1.3 Organizational Structure

The company's functional organization is decided by the director Functional

structure concentrates all the informational and human resources required for a specific activity in one location This is ideal for a small business like Cat Tuong since it

maximizes the company's performance The organization will support superiors'

sharing of important knowledge with their subordinates Because of their specialized training and active management, exceptional personnel are immediately identified and put in positions where they will be most productive, and supervisors are constantly on the lookout for practical knowledge and suggestions

(The figure is shown on the next page)

Figure 1: Organizational Structure of Cat Tuong Logistics Trading Construction

Co., Ltd

Board of

Directors

Board of Manager

Control Board

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1.3.1 Control Board

1.3.1.1 Board of Directors

In Cat Tuong Logistics Trading Construction Co., Ltd, the Board of Directors is responsible for overseeing and directing the company's overall strategy

- Strategic orientation: The board of directors plays an important role in determining the overall strategy of Cat Tuong Co., Ltd They must ensure that the company is on the right track, in line with the goals and core values of the business

- Monitoring and managing logistics activities: Cat Tuong Co., Ltd often carry out many activities related to transportation, storage and distribution of goods The Board of Directors must monitor these activities to ensure that they are carried out efficiently and meet customer requirements

- Financial management: The board of directors must examine and approve the financial plans of Cat Tuong, ensuring that financial resources are used effectively to maintain the company's operations and meet investment needs

- Protection of shareholder interests: The Board of Directors must ensure that the company's decisions and actions are geared towards protecting the interests of shareholders and maximizing the value of the company's shares

- Company representation: The Board of Directors represents the company in meetings with government agencies, business partners, shareholders and other stakeholders

- Building and maintaining corporate culture: The Board of Directors is

responsible for promoting and maintaining a positive corporate culture in Cat

Design Department

Administrative Department

Accounting

Department

Financial Planning Department

Tuong Co., Ltd, ensuring professionalism and respect for employees and business partners

1.3.1.2 Board of Manager

In Cat Tuong Logistics Trading Construction Co., Ltd, the Board of Directors has many important tasks to ensure the smooth and efficient operation of the company

- Strategic planning: The Board of Directors is responsible for developing a long-term strategic plan for the company, development orientation and specific goals

to ensure sustainable development and profitability

- Business Operations Management: The Board of Directors manages the company's day-to-day business operations, including planning, implementing, and overseeing construction and logistics projects

- Building and managing people: The board of directors must build and maintain a high-quality human resources team, ensuring that Cat Tuong has enough human resources to carry out projects and tasks effectively

- Ensure regulatory and legal compliance: The board of directors must ensure that the company complies with regulations and laws relating to logistics construction and operations, in order to ensure legal operations and avoid potential legal problems

- Orientation for innovation and technology development: Management needs to monitor new technology trends and guide innovation policies so that the company can improve and enhance operational performance

1.3.2 Accounting Department

The Accounting Department plays an important role in managing and tracking the financial, accounting and tax activities of Cat Tuong Co., Ltd

- Book management and accounting: The Accounting Department is responsible for tracking, recording and checking the company's financial transactions They must ensure that every transaction is properly and fully recorded in the company's books of accounts

- Prepare financial statements: Accountants must produce periodic financial statements such as profit and loss statements, statement of assets and liabilities,

statement of cash flows, and statement of equity These reports provide important information that helps management make business decisions

- Tax Adjustment and Tax Reporting: Accountants need to ensure the company complies with applicable tax regulations and is responsible for registering and paying the appropriate taxes They also make periodic tax reports for the tax authorities

- Track financial resources: The Accounting Department helps track and manage a company's financial resources, including managing cash, fixed assets, and accounts receivable and payable

- Handling expenditures: Accountants must record and check the company's expenditures, ensure the accuracy and validity of invoices, payment slips and related documents

1.3.3 Financial Planning Department

The Financial Planning Department Cat Tuong Logistics Trading Construction Co., Ltd is responsible for the management and planning related to the financial activities of the company The main task of the Financial Planning Department is to ensure financial balance and efficiency, help Cat Tuong achieves its business goals and optimize profits

- Financial planning: The Financial Planning Department plays a vital role in the financial planning of Cat Tuong Co., Ltd They will participate in the

development of long-term financial plans, annual budget plans and specific financial projects

- Financial Forecast: A Financial planner must make forecasts of future financial metrics, including revenue, expenses, profit, and cash flow These forecasts help the company have a detailed view of the future financial position and adjust the business plan accordingly

- Capital management: Financial Planning Department helps Cat Tuong manage capital effectively They will ensure that the capital is used for the right purposes and optimize the use of capital in business activities

- Evaluation of financial performance: Financial planners usually perform analysis and evaluation of Cat Tuong's financial performance through financial indicators