Vinh City: Plan to merge environmental, green tree and urban management companies

On the afternoon of January 11, Deputy Head of the Provincial National Assembly Delegation Nguyen Thanh Hien, as head of the supervision delegation of the Provincial National Assembly Delegation, worked with Nghe An Urban Environment and Construction Joint Stock Company.

Working scene. Photo: Thanh Le

On June 2, 2016, Nghe An Urban Environment One Member Co., Ltd. was transformed into Nghe An Urban Environment and Construction Joint Stock Company. As of the end of November 2017, the company's charter capital was nearly 37 billion VND, of which the State capital accounted for 80.8%; preferred shares accounted for 9.32%; committed shares accounted for 9.47%; common shares accounted for 0.41%.

As a public service unit, after the model transformation, the company has gradually made efforts to overcome difficulties, stabilize its service business and has begun to make a profit, and its scale of operation has been increasingly expanded. Political organization, party activities, and the role of the trade union organization have been maintained and promoted, ensuring the rights of workers.

Making a recommendation to the monitoring delegation, Mr. Hoang Van Khanh - Chairman of the Board of Directors of the Company said that after equitization, the enterprise was given some autonomy but still had to depend on a lot because the enterprise was under the Provincial People's Committee but the province assigned Vinh City to manage it comprehensively, and in terms of expertise, it was under the management of departments and branches, heavily subsidized.

Mr. Khanh said that to improve production and business efficiency, the company has had many plans to arrange workers, solving the surplus of 42 people; at the same time, it recommended that the State pay attention to investing in machinery and equipment for the environmental sector because household waste is increasingly overloaded.

Mr. Khanh gave an example, on average, every day and night, nearly 500 tons of waste from Vinh City and Cua Lo are dumped into the Nghi Yen Solid Waste Treatment Complex, but there is only one bulldozer. The company has proposed many times, but Vinh City has not yet had the funds to invest.

Mr. Hoang Van Khanh - Chairman of the Board of Directors of Urban Environment and Construction Joint Stock Company proposed the company's development strategy. Photo: Thanh Le

In the context of limited State investment resources, the Chairman of the Board of Directors of Nghe An Urban Environment and Construction Joint Stock Company urged the State to quickly divest capital to attract external resources to invest in machinery and mechanization in environmental sanitation work, reduce labor use, increase work productivity and efficiency; and increase initiative for businesses.

Mr. Le Sy Chien - Vice Chairman of Vinh City People's Committee also shared the view that in the long term, the State needs to divest capital to increase competitiveness, businesses will be proactive, and city residents will enjoy better services.

Also according to the Vice Chairman of Vinh City People's Committee, this locality plans to merge the following units: Nghe An Urban Environment and Construction Joint Stock Company, Cemetery Management Board, Nghe An Infrastructure Development Investment Joint Stock Company; Green Park Joint Stock Company into one unit to streamline the apparatus, improve the quality and efficiency of operations in the field of environment and urban infrastructure.

In his concluding remarks, Mr. Nguyen Thanh Hien assessed: Nghe An Urban Environment and Construction Joint Stock Company has carried out equitization in accordance with the State's procedures and regulations, cared about the lives of workers, and preserved capital after equitization.

Workers of Nghe An Urban Environment and Construction Joint Stock Company clean up in Vinh City. Photo courtesy

In the coming time, the company needs to build a development strategy, clarify the unit's operating model to find the best solution for the company's development; at the same time, carry out propaganda work well, raise people's awareness of environmental protection; invest in applying mechanization technology, increase productivity, increase competitiveness, and reduce labor.