practical training report degree bachelor of finance banking insurance

Characteristics of the organization and business organization of Liu Luyen Investment Joint Stock Company .... 11 PART II: UNDERSTANDING THE MARKET AND DEVELOPMENT ORIENTATIONS OF THUY L

ACADEMY OF FINANCE UNIVERSITY OF TOULON

PRACTICAL TRAINING REPORT

Degree: Bachelor of Finance - Banking - Insurance

Student: KIEU THANH PHUONG

Class: K091

School year: 2018-2021

Time: 30/6/2019 to 30/7/2019

Hà N i, 2019 ộ

FOREWORD 2

PART I LEARN ABOUT LUU LUA INVESTMENT CORPORATION 3

1 General introduction about the company 3

2 Management functions and tasks 5

2.1 Board of General Directors 5

2.2 The functional departments 6

3 Characteristics of the organization and business organization of Liu Luyen Investment Joint Stock Company 6

3.1.1 Type of business and main goods and services the company is trading in 6 3.1.2 Market input and output of the company 7

3.1.3 The size and financial structure of the company 7

4 Personnel size of the enterprise 8

5 Business results of the enterprise 10

5.1 Proceeds 11

5.2 Profit * Profit includes: 11

PART II: UNDERSTANDING THE MARKET AND DEVELOPMENT ORIENTATIONS OF THUY LUU INVESTMENT JOINT STOCK COMPANY 12 1 Situation of the market 12

2 Development orientation of the company 13

PART III: COMMENTS AND RECOMMENDATIONS OF STUDENTS 13

1 Evaluation of the business results of the enterprise 13

1.2 Difficulties 14

2 The recommendations 14

2.1 Business solution 14

2.2 About organization management 15

2.3 Financial solutions 15

conclude 16

list of Tables

Table 1.1:- Size and financial structure of the company 10 Table 1.2- Labor qualification 11 Table 1.3 - Business situation and contribution to the state budget 12 Table 1.4- Comparison of business situation and contribution to the state budget 13

FOREWORD

Our country is in the period of industrialization and modernization In order to become an industrialized country, the first requirement is that we have to have a material and technical foundation, modern infrastructure sufficient to meet the development needs of the whole society in the future Castle This is the duty of the whole country, of every industry, every field, but most directly, is the role of the construction sector Increasingly, the construction needs of our country are greater Every year, thousands of large and small constructions are launched, from the state-level constructions, to the constructions of households, Therefore, the market for construction is always a potential and promising market much development both

construction material production enterprises and service providers for construction always see their development opportunities So is Luu Luyen Investment Joint Stock Company Seeing that the demand for construction materials in Hanoi is quite large, while the supply is not enough to meet the demand, the company's management decided to build a factory to meet that excess demand As a newly established company in Hanoi, specializing in manufacturing and supplying building materials

to markets in Hanoi and neighboring provinces, the company is gradually asserting its position in the market

After practical time, researching and learning about Luu Luyen Investment Joint Stock Company, with the enthusiastic help of the Board of Directors, the

parts:

Part I: Understanding Luu Luyen Investment Joint Stock Company

Part II: Understanding market and development orientation

Part III: Student comments and recommendations

In the process of writing the report, because my knowledge and ability was limited, it was also the first time I was able to go into a practical study so I could not avoid certain errors Therefore, I hope to receive suggestions from the teachers to complete my training report At the same time, I would like to sincerely thank the teachers for guiding me in this report I would like to express my sincere thanks to the management and staff of Luu Luyen Investment Joint Stock Company for helping me during the training process, as well as for helping me to complete this report

Thank you sincerely !

Hanoi, August 1, 2019 Students practice Kieu Thanh Phuong

PART I LEARN ABOUT LUU LUA INVESTMENT CORPORATION

1 General introduction about the company

- Company name: Luu Luyen Investment Joint Stock Company

- Headquarters: No 135 Xuan Dinh Street, Xuan Tao Ward, Bac Tu Liem District - Hanoi

- Phone: 0977043500 - Fax: 02437501826

- Date of operation: June 26, 2009

- Tax code: 0104010813

Main business lines: manufacturing and trading products for construction

Luu Luyen Investment Joint Stock Company is an independent accounting unit, has legal status, its own seal and operates in accordance with the law As a joint stock company, the capital source of the company is the capital of the shareholders The shareholders will share profits, as well as bear a loss in proportion

to the number of shares held and responsible for the debts of the company within the amount of capital contributed The interests of the eastern gate are protected by law

- Board of Directors: 1 director and 1 deputy director

- Functional sections: Administration - Personnel Department, Production and Business Manager, Finance and Accounting Manager, Sales Manager

GENERAL MANAGER

VICE PRESIDENT

Human

resorce

Sales manager

Manager of Finance and Accounting

2 Management functions and tasks

2.1 Board of General Directors

General manager

The General Director is the person who runs and manages all business activities of the company, is the person with the highest legal status in the management apparatus, and is responsible before law for all activities of the company

Function:

Organize, manage and manage all production and business activities of the company and comply with the law

Appoint, dismiss, demote managerial positions in the company

Proposing measures to improve the performance and management of the company

Implementation of business plans and investment plans of the company

- Vice president

The Deputy Director is the person who assists the General Director to run the company as assigned and authorized by the General Director, responsible to the General Director for the assigned tasks and the religious rights Deputy Directors are also legally responsible before the law for jobs for the company's business operations

2.2 The functional departments

Administration - Human Resources Department: It is responsible for assisting the director in administrative matters, advising and resolving policies, regulations, and regulations of the company Also responsible for the company's personnel management such as recruiting, training, retraining, rewarding

Sales Manager: Responsible for business activities, product sales of the company The sales department has tasks such as making and executing product consumption plans, building marketing programs, finding and executing orders

Head of finance - accounting department: Also under the direct management

of the deputy director, the finance-accounting department will propose, develop, implement financial plans, manage and supervise financial status, monitor the business performance of the company through the period through financial statements

3 Characteristics of the organization and business organization of Liu Luyen Investment Joint Stock Company

3.1.1 Type of business and main goods and services the company is trading

in

Luu Luyen Investment Joint Stock Company operates under two types

of production and service Producing construction bricks and block of pavement Services are mainly construction of road transport works, construction of civil, industrial and leveling works

3.1.2 Market input and output of the company

Inputs: Construction materials such as cement, bricks, stone, sand, and fuel materials such as petroleum are purchased mainly in the city

Output: Mainly carrying out bidding packages of investors of civil, transport and irrigation works of the State

3.1.3 The size and financial structure of the company

(Unit:VND) Year

Equity

27.251.538.203 28.114.299.407 28.660.086.140

Total capital

44.136.167.955 43.798.599.450 50.340.738.063

(Source of financial

statements)

Table 1.1- Size and financial structure of the company

Comment:

- In general, the company has high equity and capital, respectively VND 28,660,086,140 and VND 50,340,738,063

- In the period of 2016-2018, the total capital of the company increased rapidly from VND 44,136,167,955 to VND 50,340,738,063, an increase of VND 6,204,570,108

- Thus, we can see the total capital of the company in the time of increase due

to the development policies of the management board to promote business development along with that is the potential of the company to grow

4 Personnel size of the enterprise

- Labor: Currently the company has a total of 152 including a team of management staff, skilled workers and guards The company is applying the administrative low working hours for the management staff and applies the shift working time regime to the production and construction workers

Table 1.2- Labor qualification

Level

Colleges 8 5,26

5/7 Level workers

high school

24 16,36

Comment:

- Looking at the table, we see that the labor level of workers in level 3/7 is the highest proportion because the work does not need high qualifications but needs the ability to withstand high pressures

- The number of universities, colleges and intermediate schools is low because these are jobs requiring knowledge and understanding

- The number of workers 6/7 and high school average are the jobs requiring labor qualifications

5 Business results of the enterprise

Table 1.3 - Business situation and contribution to the state budget

Proceeds 20.012.252.553 16.971.188.679 25.032.736.752

Table 1.4- Comparison of business situation and contribution to the state budget

2016

2018 compared to 2011

2018 compared to 2016 Proceeds (3.041.063.874) 8.061.548.078 5.020.484.199

5.1 Proceeds

- Revenue in the period 2016-2017 decreased slightly from VND

20,012,252,553 to VND 16,971,188,679 Thereby, the company's business activities are declining

- Next, the revenue from 2017-2018 increased sharply from VND

16,971,188,679 to VND 25,032,736,752 indicating that the company is growing again and growing

- Overview of the company's 3-year revenue growth as if it is trying to grow

5.2 Profit

* Profit includes:

- Profit before tax has improved markedly

+, In the period of 2016, the profit before tax of the enterprise was negative (648,577,475) VND, and by 2017 that number was improved to only negative (290,037,063) VND

+, In the 2017-2018 period, as the company's business activities increased, so the benefits of this period increased sharply to VND 4,701,733

- Profit after tax is similar to profit before tax

*Comment:

Over the years, the company's business activities have been increasing, due to the incentive policy to promote the ability of employees and making the company's operating policies in line with the market, resulting in increasing sales

PART II: UNDERSTANDING THE MARKET AND DEVELOPMENT ORIENTATIONS OF THUY LUU INVESTMENT JOINT STOCK

COMPANY

1 Situation of the market

Currently in the period of international integration and increasing the competitors of Vietnam in general and activities in the field of construction material production business in particular, especially business activities trading and manufacturing materials and equipment for the construction of foundations, leveling and transportation

Supplying and manufacturing construction materials for construction works

is one of the potential activities at present, especially in the era of industrialization and modernization of the country today more and more architectural works The company has built domestic and foreign companies, so the demand for construction materials is increasing Therefore, companies in the field of manufacturing construction materials have to increasingly improve the quality of their products Information from the cement company in Vietnam, now said that the current construction materials are increasing after the Lunar New Year to date, steel prices inched up every day, about 10% compared to before Tet Prices of

construction brick and sand products also increased by 5% - 7% over the previous month Construction sand price at 390,000 - 400,000 VND / m3; Red bricks are from VND 840 - 900 / staff and are always in a state of insufficient supply even though the brick factories are running at full capacity Wall and floor tiles cost from

the previous month

2 Development orientation of the company

- Expanding the size of the company to some northern provinces such as Bac Ninh, Thai Nguyen, Ha Nam to supply and develop the production of construction materials

- Joining and associating with domestic and foreign companies to develop more modern technology

- Development of services, distribution, import-export and infrastructure investment, production and business and human resources

PART III: COMMENTS AND RECOMMENDATIONS OF STUDENTS

1 Evaluation of the business results of the enterprise

1.1 Results and implementation of contract projects

+ Public-private supply of construction materials and production of state road works

+, Besides, it also supplies materials and distributes to small retailers and other reliable customers

+, In addition, the company is trying to find and research investment opportunities

in construction works owned by foreign companies and some other fields Học cách phát âm

1.2 Difficulties

Although the business results of the company over the years are gradually increasing the operation process of the company, there are also some difficulties as follows:

- Due to ineffective retaining policies for employees, recruitment and training are difficult and costly

- The problem of market expansion still faces many difficulties because there are no plans to increase labor productivity and use resources

- Due to the fierce competition between companies and businesses, with large projects, capital adequacy goals are top priority Therefore, the company must find joint venture plans with potential partners to meet the needs of customers, and at the same time share profits to keep customers but ensure capital safety

2 The recommendations

2.1 Business solution

- Introduce the policy of allocation, assigning tasks to assign business targets

to each member of the management board

- Innovating equipment manufacturing machines and materials of the company

- Participate in bidding to supply construction materials for state transport works and infrastructure

- Searching and deploying business projects in the country and abroad