Operation News

The all-army economic conference (19/04/2008)


On April 16 & 17, 2008, the economic conference of the military enterprises held by the military economic department took place in Ho Chi Minh city.

The prominent achievements of the business and operation activities as well as the economic fruits of the military enterprises during 2002- 2007 have been summarized and evaluated profoundly. The conference has also put forward the performance guide lines for the five next years.
In his speech, the SNP’s general director stated about the policy and solutions to develop the company in the process of the international economic integration and lessons learned from the transformation into the holding company of SNP and the equitization of the subsidiaries. He emphasized the importance of the investment in advanced equipment, technology innovation and humane resource quality in the development strategy of the Company. He has also recapitulated the results in performing the transformation of SNP into Holding Company. Accordingly, one year after the transformation, SNP has seven affiliates, two joint stock companies belonging to the SNP’s subsidiaries. These daughter- companies operate at 6 premises in Hochiminh city and other provinces of the Southern economic area namely Binh Duong, Dong Nai, Ba ria Vung Tau. The turnover of the company increased 24.15%
In the conference program, the delegates watched the SNP’s video presentation and visited Cat Lai port. The conference participants highly appreciated the achievement of SNP in the past time and expressed their expectation of the SNP’s great prosperity in the coming time.