Although the Covid-19 pandemic is partly negatively affecting the operation of Group but the Chairman of the Management of Deo Ca Group Ho Minh Hoang said that there is no stagnant or salary reduction for any employees. “The financial accumulations must always be provisioned to manage corporate risk in recurrent costs, but top priority is for employees' salaries” - Mr. Ho Minh Hoang affirmed.
The letter of the Advisor
On April 12, 2020, Assoc.Prof.Dr. Tran Chung, Permanent Advisor of Deo Ca Group Advisory Board sent a letter to Mr. Ho Minh Hoang proposing a 40% reduction of his remuneration to support employees and workers on construction site.
In the letter, Assoc.Prof.Dr. Tran Chung wrote: “A spirit of weathering the epidemic storm, a temperament rarely seen in other businesses. This is a great steering effort of the Group's leaders in the present time.
I myself am over the age of 60, keeping social distancing according to the direction of the Government and the Group's request, my working time is mostly at home.
I am writing to request the Chairman of the Group to reduce my remuneration by 40% starting from April 2020 until the pandemic is controlled and the activities of society return to normal. I would like to share the common difficulties of the Group and supporting the brothers and sisters on the “frontline” during the fight against the Covid-19 epidemic of the whole country”.
Mr. Ho Minh Hoang wrote a letter to thank Assoc.Prof.Dr. Tran Chung for sharing with the difficulties and challenges being posed to Deo Ca Group and his attention to the employees in the system.
In reply to his advisor, Mr. Ho Minh Hoang wrote: “Still working hard though being over 70 years old, in one way of another, you and members in Advisory Board have always made regular and important contributions for the operation of the Group system, especially in this particular context. You and the advisers are typical examples of enthusiastic labor for the younger generation to follow. With your proposal to reduce 40% of the monthly remuneration as written in your letter, as the head of the Group and the leadership perspective, I would like not to agree with your request”.
Dear Chairman of Deo Ca Group Ho Minh Hoang! After the Lunar New Year 2020, the Covid-19 epidemic has negatively affected all aspects of life all over the global. We are not the exception, Deo Ca Group has been affected by the pandemic. And when most domestic enterprises "stand still" or suspend operations and many workers have to take unpaid leave, our Group still “moving” with a reasonable schedule to meet the Government's requirements as well as ensure business production. In recent days, I still see operating management staffs working diligently on expressways and tunnels to ensure safety for the vehicles. Especially, the working atmosphere on the construction site is still burning all day and night, not afraid of hardship in Hai Van mountain and on Trung Luong - My Thuan construction site. They work in the context of strictly implementing epidemic prevention and control measures, determined to complete the set plan, keep their Group's promises to the country and people. A spirit of conquering "storm", a temperament rarely seen in other businesses. This is a great steering effort of the Group's leaders in the present time. I myself am over the age of 60, keeping social distancing according to the direction of the Government and the Group's request, my working time is mostly at home. I am writing to request the Chairman of the Group to reduce my remuneration by 40% starting from April 2020 until the pandemic is controlled and the activities of society return to normal. I would like to share the common difficulties of the Group and supporting the brothers and sisters on the “frontline” during the fight against the Covid-19 epidemic of the whole country”. Thank you. Hanoi, April 8, 2020 Best regards Tran Chung |
No one was left behind
Mr. Ho Minh Hoang said that, in this time, many people questioned what Deo Ca Group will do to overcome this difficult period when many businesses, even well-known enterprises have plan to suspend, cut jobs, reduce salaries.
It can be seen that in the awareness and motto of the Group even the society stands still, Deo Ca will still move. Deo Ca responded and obeying the direction of the Government in epidemic prevention and keep social distancing to overcome Covid-19.
For Deo Ca Group, this is also an opportunity to “closed” to implement “Restructuring, optimizing the management system” in order to adjust the leadership’s thinking; review and re-evaluate key personnels’capacities to establish long term companionship and development strategy of the Group.
At this time, the Board of Directors has adjusted and arranged the scientific working method to prevent, control the epidemic as well as ensure the completion schedules has been committed at key projects such as Hai Van tunnel, Trung Luong - My Thuan expressway.
The pandemic caused by Corona virus has more or less negatively affected the operations of the Group, many advises that should do like many other businesses is to reduce salaries, reduce personnels, etc.
“Right now, Deo Ca is trying to come up with suitable solutions to ensure income for workers, no one is left behind. We have also proved that determination for nearly 35 years of formation and development. The Group does not allow salaries to be delayed or reduced, financial accumulations must always be provisioned to manage corporate risk in recurrent costs, but top priority is for employees' salaries”. - Mr. Ho Minh Hoang emphasized.
Mr. Ho Minh Hoang has just written the song "Overcoming Corona Storm", which is a great spiritual push for the whole Group, stick together to repel the Covid-19 virus as well as repel "the stagnant virus".
The leader of the Group believes that, with the strength of solidarity and responsibility, Deo Ca will surely overcome this difficult period, achieve breakthroughs after the pandemic and the lives of workers will be improved, more stable and better.
Hanoi, April 13, 2020 Dear Assoc.Prof.Dr. Tran Chung - Permanent Advisor of Deo Ca Group First of all, I appreciate, acknowledge and thank you for your companionship for the difficulties and challenges that are posing to Deo Ca Group andyou’re your sharing with employees in the system. Still working hard though being over 70 years old, in one way of another, you and advisors in Advisory Board have always made regular and important contributions for the operation of the Group system, especially in this special context. You and the advisers are typical examples of enthusiastic working for the younger generation. With your proposal to reduce 40% of the monthly remuneration as written in the letter, as the head of the Group and the leadership perspective, I would like not to agree with your request. Dear uncle! In the current context, I think many people question that what Deo Ca Group will do to overcome this difficult period when many businesses, even well-known enterprises have planned to suspend, cut jobs, reduce salaries. In my awareness and motto of action, even if the society stands still, Deo Ca Group will still move. Deo Ca responded and obeying the direction of the Government in epidemic prevention and keep social distancing to overcome Covid-19. For Deo Ca Group, this is also an opportunity to “closed” to implement “Restructuring, optimizing the management system” in order to adjust the leadership’s thinking; review and re-evaluate key personnels’capacities to establish long term companionship and development strategy of the Group. At this time, the Board of Directors has adjusted and arranged the scientific working method to prevent, control the epidemic as well as ensure the completion schedule has been committed at key projects such as Hai Van tunnel, Trung Luong - My Thuan expressway. The pandemic caused by Corona virus has more or less negatively affected the operations of the Group, many advises that should do like many other businesses is to reduce salaries, reduce personnels, … but I did not agree. Right now, Deo Ca is trying to come up with suitable solutions to ensure income for workers, no one is left behind. We have also proved that determination for nearly 35 years of formation and development. The Group does not allow salaries to be delayed or reduced, financial accumulations must always be provisioned to manage corporate risk in recurrent costs, but top priority is for employees' salaries”. I believe that with an open-mind and spirit of overcoming difficulties and working responsibility will continue creating power to help us “Surpassing Corona Storm” like the song that I wrote and transmitted by the members of Deo Ca Group leaders in recent times. The epidemic is still developing and unpredictable, in the upcoming time, if Deo Ca Group needs to implement austerity measures, we will work together, in which key leaders such as the Board of Management and the Board of Directors, The Advisory Council will be the recommended frontline force to set examples. With the strength of solidarity and responsibility, Deo Ca will surely overcome this difficult period and achieve breakthroughs after the pandemic and the lives of workers will be more stable and better. Sincerely wish you and your family health! Chairman of Deo Ca Group Ho Minh Hoang |
The reply letter from Chairman Ho Minh Hoang to his advisor
Public Relation Board
