1 monthly report april, 2009 - hr & ga & legal dept. -

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1 MONTHLY REPORT APRIL, 2009 MONTHLY REPORT APRIL, 2009 - HR & GA & Legal dept. - - HR & GA & Legal dept. -

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1

MONTHLY REPORT APRIL, 2009MONTHLY REPORT APRIL, 2009- HR & GA & Legal dept. -- HR & GA & Legal dept. -

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MONTHLY REPORT APRIL, 2009MONTHLY REPORT APRIL, 2009- HR dept. -- HR dept. -

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ENGAGE PROJECT THIS MONTH

1. HR Working Services1. HR Working Services

2. Recruitment2. Recruitment

3. Education & Training3. Education & Training

4. Activities4. Activities

HR Dept. HR Dept.

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1. Human Resource’s Working Services

Announce Uniform PolicyAnnounce Uniform Policy

Apply Work Permit For ExpatriatesApply Work Permit For Expatriates

Reinforce The Competition of Stipulation of Company

Regulations (Working hour, Tel. manner, Uniform, Name tag)

Reinforce The Competition of Stipulation of Company

Regulations (Working hour, Tel. manner, Uniform, Name tag)

HR Dept. HR Dept.

Official Launch The Using of Attendance Managing & Input data

Official Launch The Using of Attendance Managing & Input data

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2. Recruitment

Hochiminh Office

1. Policy Admin Dept.:

2. GA Dept.:

3. Acc. Dept.:

4. Agency:

(Chinese A.O)

New & New & Replacement of Replacement of

Recruitment Recruitment

HR Dept. HR Dept.

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3. Education & Training

1. English Course (1 Class)

HR Dept. HR Dept.

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3. Education & Training

2. Chinese Courses (2 Classes)

Advance Level

HR Dept. HR Dept.

8

3. Education & Training

3. Vietnamese Courses (2 Classes)

Basic Level

HR Dept. HR Dept.

9

3. Education & Training

3. Vietnamese Courses (2 Classes)

Advance Level

HR Dept. HR Dept.

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4. ACTIVITIES

1. Result of Competition among dept.

BEST BEST TEAMTEAMBEST BEST TEAMTEAM

Training Dept.

11stst Prize: 2Mil Prize: 2Mil VNDVND

GOOD GOOD TEAMTEAMGOOD GOOD TEAMTEAM

GA & Legal Dept.

22ndnd Prize: 1Mil Prize: 1Mil VNDVND

HR Dept. HR Dept.

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4. ACTIVITIES

2. Some Activity Clubs Images

BOWLING CLUB BOWLING CLUB (HCM Office)(HCM Office)

HR Dept. HR Dept.

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4. ACTIVITIES

DANCING CLUB DANCING CLUB (HCM Office)(HCM Office)

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4. ACTIVITIES

MOVIE CLUB (HCM Office)MOVIE CLUB (HCM Office)

HR Dept. HR Dept.

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4. ACTIVITIES

MOVIE CLUB (Hanoi MOVIE CLUB (Hanoi Office)Office)

HR Dept. HR Dept.

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4. ACTIVITIES

MOVIE MOVIE CLUB (Da CLUB (Da

Nang Nang Office)Office)

HR Dept. HR Dept.

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PLANNING PROJECT NEXT MONTH

1. HR Services: 1. HR Services:

1.1. Performance Review Regulation1.1. Performance Review Regulation

1.2. Update more benefits to employees1.2. Update more benefits to employees

1.3. Holding a meeting to explain about 1.3. Holding a meeting to explain about Company Regulation to all Dept. HeadCompany Regulation to all Dept. Head

1.4. Holding a meeting to Labor Union 1.4. Holding a meeting to Labor Union Members (guiding the role & Members (guiding the role & responsibility)responsibility)

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PLANNING PROJECT NEXT MONTH

1. Continuous Recruitment of 1. Continuous Recruitment of Pending JobsPending Jobs

2. Education & Training:2. Education & Training: Organize Some Skill Training Courses To Organize Some Skill Training Courses To

EmployeesEmployees

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MONTHLY REPORT APRIL, 2009MONTHLY REPORT APRIL, 2009- GA dept. -- GA dept. -

Cathay Life Insurance Ltd. (Vietnam) 19

GA TASKS

A. Office Building Information1. The World Center:

- New partition of smoke pipe of generator.

- Quarterly checked for fire fighting and prevention.

- 8th FL storage rooms’ steel shelves installation.

2. Norch building:

- Fixed assets checked.

- Finalized offered price with Landlord for generator.

ENGAGED PROJECT THIS MONTH (GENERAL ADMIN)

Cathay Life Insurance Ltd. (Vietnam) 20

GA TASKS (cont.)

3. Mirae building:- Visited some buildings introduced by CBRE and Colliers.

4. Ladeco building:- Handed over by 20 Apr’2009.

5. Danang branch:- Followed up unfinished items.

B. Other projects:1. Set up the attendance records machines for TWC and Norch.2. Time limit for approval report procedure made.

ENGAGED PROJECT THIS MONTH (GENERAL ADMIN)

Cathay Life Insurance Ltd. (Vietnam) 21

GA TASKS1. The World building:

- To follow up some requests for fire fighting and prevention.- Call Center’s glass windows will be made wider.

2. Mirae building: - Continue finding out another place to replace our Big C

office.3. Danang branch & IVB (Hanoi): - To install attendance record machine.4. Norch:

- To sign an agreement for generator.5. Ladeco building (Hanoi):

- To follow up some unfinished items.

NEXT MONTH PROJECT PLAN (GENERAL ADMIN)

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MONTHLY REPORT APRIL, 2009MONTHLY REPORT APRIL, 2009- Legal dept. -- Legal dept. -

Cathay Life Insurance Ltd. (Vietnam)

Circular 62/2009/TT-BTC dated 27/03/2009 guiding some Article Circular 62/2009/TT-BTC dated 27/03/2009 guiding some Article of Law on PITof Law on PIT

Legal DepartmentLegal Department

• Allowances being cost of a vehicle to collect staff, group membership fees, mid-shift meal allowances, training, stationary, uniform, business expenses, telephone, etc

The following items shall not be included in taxable income being salary of resident individuals

• One-off regional transfer allowances

• Cost of one return air ticket paid to return home once per year

• School fees for general level schooling in Vietnam for children

Cathay Life Insurance Ltd. (Vietnam)

Legal DepartmentLegal Department

Dependants: stepmother, stepfatherDependants: stepmother, stepfather

Circular 62/2009/TT-BTC dated 27/03/2009 guiding some Article Circular 62/2009/TT-BTC dated 27/03/2009 guiding some Article of Law on PITof Law on PIT

Working age: Working age: handicapped and unable to work, no income or average monthly income/ year not above 500,000 dong.

Out of working age: no Out of working age: no income or average monthly income/ year not above 500,000 dong

Qualify of dependant: Qualify of dependant:

Effective date: after 45 days Effective date: after 45 days since the signing date and since the signing date and applied for all income arising applied for all income arising from 01/01/2009from 01/01/2009

Cathay Life Insurance Ltd. (Vietnam)

Legal DepartmentLegal Department

• Minimum basic salary: 650.000/monthMinimum basic salary: 650.000/month

• Being applied from: 01 May 2009Being applied from: 01 May 2009

• Effective date: after 45 days from the signing dateEffective date: after 45 days from the signing date

Decree No. 33/2009/ND-CP dated 06/04/2009 Decree No. 33/2009/ND-CP dated 06/04/2009 promulgating on minimum basic salarypromulgating on minimum basic salary

Cathay Life Insurance Ltd. (Vietnam)

Legal DepartmentLegal Department

Decision No. 55/2009/QD-TTg dated 15/04/2009 Decision No. 55/2009/QD-TTg dated 15/04/2009 promulgating on percentage participation of foreign promulgating on percentage participation of foreign

investors in securities market of Vietnaminvestors in securities market of Vietnam

Foreign investorsForeign investors

49%49%

Total number of sharesTotal number of sharesin a publicin a public

shareholding Co. shareholding Co.

Total number of Total number of investment fund certificatesinvestment fund certificates

of one public securitiesof one public securities investment fundinvestment fund

Charter capital of Charter capital of one public securitiesone public securities investment companyinvestment company

Cathay Life Insurance Ltd. (Vietnam)

Legal DepartmentLegal Department

Effective date: since 01 June 2009Effective date: since 01 June 2009

Decision No. 55/2009/QD-TTg dated 15/04/2009 Decision No. 55/2009/QD-TTg dated 15/04/2009 promulgating on percentage participation of foreign promulgating on percentage participation of foreign

investors in securities market of Vietnaminvestors in securities market of Vietnam

Foreign securities Foreign securities business institution contributesbusiness institution contributes

49% of charter capital49% of charter capital

securities company to securities company to establish a securities companyestablish a securities company

fund management company to fund management company to establish a fund management establish a fund management

companycompany

Cathay Life Insurance Ltd. (Vietnam)

HR & GA & Legal DepartmentHR & GA & Legal Department