1. MONTHLY REPORT
May 2011
Management Division

2. HR MONTHLY REPORT
May 2011

3. Engaged Projects This Month
Recruitment 1
Training 2
Other activities 3
HR information update 4

4. RECRUITMENT UPDATE 01 04 01 02 01 05 02 Head office & HCMC branch
Agency planning 01
Training center HR GA
Total 04
Danang branch
BDO 01
Total
Hanoi branch
Training center 02
Service center 01
BDO
Total 05
Cantho branch
BDO 02
Total
Total: 12 new comers

5. Finance and Accounting
Training
Technical training courses from parent company
No.
Request division
Training course name
Facilitator 1 IT
DB2 System Performance, Tuning and Problem solving
Trainer from parent company 2
Network system Design, Routing and Security 3
The Introduction of Investment Product System 4
Policy admin
Medical knowledge of insurance fields - claim & UW 5
Finance and Accounting
 Reserve calculation
Planning div. in Vietnam 6
Relationship between actual premium collection and PFYP.

6. Training center at branches
Apply training program for new comers during first 03 months in branches No
Detail
In charge 1
HR dept. send guidance and material to CRD
HR dept. 2
Conduct the training courses:
Orientation training
Functional training
Basic life insurance training
CRD &
Training center at branches 3
Follow up the training schedule and attendance
Effective time: May 01, 2011

7. OTHER ACTIVITIES
Competition regarding to stipulating company regulation – Result update as of May 20, 2011
No.
Department / Division
Accumulated rank 1 IT 2
Policy Admin 3
HR, Legal & GA and Internal Auditing 4
Marketing 5
Acc, Fin & Investment 6
Planning
No.
Branch
Accumulated rank 1
Haiphong Branch 2
Dongnai Branch 3
HCM Brach 4
Cantho Branch 5
Danang Branch 6
HN Branch

8. OTHER ACTIVITIES
Adjust parking allowance for employees working as the World Center building:
Based on the actual price of parking fee around The World Center building.
Adjust the monthly parking allowance:
VND120,000  VND160,000
Effective time: May 01, 2011

9. OTHER ACTIVITIES 2010 tax finalization:
Submit all requested document for 2010 tax finalization to tax authority.
Get the confirmation from tax authority for 2010 tax finalization.
Planned tax refund to employees: May 30, 2011

10. OTHER ACTIVITIES LOMA examination Number of students: 03 students
Number of taken credits: 05 credits
Examination date: May 10 & 11, 2011
The result will be noticed in June 2011
Due to the number of student taking the LOMA examination is only a few. Division director / manager please encourage your staff to take LOMA examination.

11. HR INFORMATION UPDATE
In terms of the Decree No. 22/2011/NĐ-CP issued by Government on April 04, 2011 providing the stipulation of new minimum wage of salary.
Old
New
Minimum wage of salary
VND730,000
VND830,000
Old
New
Maximum SI salary
(20 times of minimum wage of salary)
VND14,600,000
VND16,600,000
Effective time: May 01, 2011

12. Review and revise some company regulations
NEXT MONTH PLAN
Recruitment 1
Review and revise some company regulations 2
Other activities 3

13. MONTHLY REPORT IN MAY, 2011
GA Department

14. Office Building Information
ENGAGED PROJECT IN THIS MONTH (GENERAL AFFAIRS)
Office Building Information
1. Can Tho Agency office
- Finish construction and decoration

15. Office Building Information
ENGAGED PROJECT IN THIS MONTH (GENERAL AFFAIRS)
Office Building Information
1. Can Tho Agency office
- Finish construction and decoration

16. Office Building Information
ENGAGED PROJECT IN THIS MONTH (GENERAL AFFAIRS)
Office Building Information
2. Dong Nai office:
- Equipped and installed a generator for Training room’s light system and devices to be smoothly operated when electricity cut off .

17. Rental after adjustment
ENGAGED PROJECT IN THIS MONTH (GENERAL AFFAIRS)
Office Rental Charge Adjustment :
Da Nang office :
Rental
Area & location
Current
rental
Rental after adjustment
Rental Reduced
SCB Danang – 5th FL
(380 m2)
3,800 usd/mth
3,610 usd/mth
(Effective from Apr.01,2011)
190 usd/mth
SCB Danang – 6th FL
(140 m2)
1,400 usd/mth
1,330 usd/mth
(Effective from Jan.01,2012)
70 usd/mth
TOTAL
5,200 usd/mth
4,940 usd/mth
260 usd/mth

18. Office Rental Charge Adjustment
ENGAGED PROJECT IN THIS MONTH (GENERAL AFFAIRS)
Office Rental Charge Adjustment
2. N’orch office :
Current rental charge: USD/m2 (incl. Service &Tax)
New rental charge : asked the Landlord to reduce based on the current market situation
Status : Official letter sent to N’orch Landlord on Apr.28, 2011 for asking them to reduce rental charge. Keep following up the feedback.

19. Uniform Service Renewal
ENGAGED PROJECT IN THIS MONTH (GENERAL AFFAIRS)
Uniform Service Renewal
Current situation : Lee Phuong for staffs, Han Minh for agencies
New situation: Suggest Lee Phuong for both staffs and agencies (Han Minh will be stopped because of frequent delivery delay)
Uniform Policy will be slightly adjusted

20. Assets Inventory (1st half of 2011)
ENGAGED PROJECT IN THIS MONTH (GENERAL AFFAIRS)
Assets Inventory (1st half of 2011)
Finish : Ha Phan office, Binh Thanh office
On the process :
Finish checking, summarizing and wait for handing-over: Dong Nai office, Ha Noi offices, Can Tho offices
Checking :The World Center, N’orch office
Planning : Danang office, Hai Phong office

21. NEXT MONTH PROJECT (GENERAL AFFAIRS)
Continue assets inventory checking
Emphasize and revise the Incoming / outcoming Document Management Regulation
Set the Regulation on Assets Management and revise the Uniform Policy
Construction of two new rooms for Branch Managers of Hai Phong Branch

22. Monthly Report May 2011 Legal Dept. Mon Tues Wed Thurs Fri Sat Sun 2526 27 28 29 30 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 1 2 3 4 5

23. Contents
Terms and Conditions
Legal Counsel
Legal Newsletter

24. Terms & Conditions I02 I03 I04 I01 WHOLE LIFE UNIVERSAL LIFE - BASIC
WHOLE LIFE UNIVERSAL LIFE - ADVANCE
TERM UNIVERSAL LIFE - BASIC
TERM UNIVERSAL LIFE - ADVANCE

25. Legal Counsel Company’s regulations In progress
Internal Audit Regulation
(Audit Dept.)
Anti Money Laundering Regulation
(F/A Dept.)
Commitment for long term service
(HR Dept.)

26. Legal Counsel
Members’ Council Meeting (for financial statement of 2010)
Legal Compliance (1st time of 2011)
Charter (2nd time of adjustment)

27. Legal Suggestions Lawsuit Legal Counsel
Legal suggestions on insurance business regulations
Lawsuit
Mr. Dang Van Lan’s case (4th meeting pre trial)

28. Till 2020: Top 4 in South-East on tax advantage
Legal News
Decision 732/QĐ-TTg of Prime Minister dated 17 May 2011 on reform tax system of Vietnam period
Specific targets:
Till 2015: Top 5 in
South-East on tax
advantage
Till 2020: Top 4 in South-East on tax advantage

29. Main contents of tax reform:
Legal News
Decision 732/QĐ-TTg of Prime Minister dated 17 May 2011 on reform tax system of Vietnam period
Main contents of tax reform:
For CIT tendency: decreasing step by step
For PIT: adapt international practice
Business Tax was changed into management expense for the enterprise’s operation;
This Decision has just become into valid from 17 May 2011.

30. Thank You !