Group functions

At the group level, we perform several key strategic functions to enhance the value of our businesses, capture Vietnam’s growth opportunities and address Vietnam’s private sector constraints. We focus on executing on transformative initiatives and risk management, areas which we believe are critical value drivers for multi-sector companies competing in Vietnam. By centralizing key functions, we are able to benefit from scale, create synergies, allocate capital more strategically and provide strategic leverage to our subsidiaries and affiliate, who can therefore focus on building best-in-class operations and gaining market share.

• New Business Initiatives - We are responsible for undertaking new business initiatives we believe will be transformational for the group and our businesses. We conduct market research, screen new business opportunities and evaluate entry strategies in order to determine the right execution approach. As part of these efforts, we are also responsible for developing group-wide macro, industry and company views.
• Transaction and Business Execution - We execute transactions and business initiatives at all levels of the Company. We are responsible for M&A, capital raising and key subsidiary business initiatives. Our M&A initiatives include control acquisitions and joint venture partnerships. Through centralizing the execution of certain corporate tasks at the group, we are able to consolidate our access to potential targets and partners, leverage our relationships with advisors and recruit the best execution team. This structure not only creates greater execution efficiencies and reduces cost, but also provides more bandwidth to our subsidiaries and allows them to focus on operating and growing their businesses.
• Business Intelligence Unit - We develop business plans and budgets and monitor the performance of the Company and the subsidiaries. To achieve our objectives, we have implemented and continue to enhance group-wide information systems that combine business reporting with analytics. Our management information systems consolidate information provided by our businesses, third party market audits (including the benchmarking of comparable companies and consumer surveys) and in-house analytics. This allows us to identify operating, financial, industry and macroeconomic trends to manage risks and facilitate management decision making.
• Talent Recruiting and Management - We are responsible for the recruiting efforts for our subsidiaries to fill key senior executive positions. Our global network and experience at the group allows us to cast a wide but targeted net to efficiently find the right people for each job. This has allowed us to build a professional team with an optimal mix of multinational credentials and local execution experience at all levels of the organization.
• Local Execution - We execute and manage aspects of our projects that require greater understanding of local issues and regulations. In particular, we work with local banks for debt financing, manage relationships with regulators and state authorities and handle community matters. Our ability to execute in a local context has been instrumental in de-risking the Nui Phao project after the acquisition with the acceleration of the compensation and resettlement efforts, renewal of key permits and licenses and local project finance.
• Stakeholder Relationships, Corporate Communications & Branding - We are responsible for corporate communications for the entire company and work closely with our businesses to provide regular updates and reports to our stakeholders. We provide periodic and robust information on our strategy, business operations and financial performance to create a culture of transparency and accountability. We value our partnerships and actively manage our relationships.
• Group Control and Governance - We are responsible for the controls, compliance, governance and risk management processes and policies of the company and our subsidiaries. These responsibilities are shared and managed by our functional sub-departments which include Legal and Compliance and Finance and Accounting.