While Covid-19 pandemic poses threat on public health, as well as world economy, Mr. Nguyen Trung Chinh, Chairman/CEO of CMC Corporation sent 3000 employees a letter to encourage all of them to turn risks into opportunities.
Dear all 3000 employees of CMC Corporation,
I know many of you are trying your best, working day and night to successfully complete the plan of the fiscal year 2019. Moreover, we have to develop a 2020 business plan with key results and numerous challenges, for the purpose of becoming a billion-dollar global company by 2023. However, the globe is facing an unexpected challenge – the threat of coronavirus pandemic . It affects every individuals and organizations around the world, including us.
First of all, I would like to send my greetings to all of you and your families, wishing you peace, safety and health. Thanks to the reports from leaders of different member companies, I know that till now, 100% of CMC’s employees worldwide including Korea, Japan, Singapore are safe. It is the luckiest and the most important at the moment. Hope you and your family stay healthy, so we can together win the COVID-19 pandemic.
Unfortunately, I have to inform you that the world economy is in recession according to the predictions of the world’s leading research institutions. It is estimated that the pandemic can lead to serious recession on the global scale, which can last from 6 months to years. The SARS-CoV-2 virus has been killed thousand people worldwide, leading to the bankruptcy of many companies and the job loss of numerous employees, making the world economy in serious recession. We are definitely affected by this global issue.
Right now, I want all of us to be more united than ever before. Together, we should be one. By our creativity, with strong competence and talent, with determination to journal with the company, I believe our CMC will overcome this stormy challenge. We will win COVID-19!
I want all of us to be calm and cautious. Turning risks into opportunities, constantly innovating to create useful products and services, we can help our customers save operation costs, improve labor productivity to overcome this challenging period.
I suggest that the whole corporation launch a project so that we can strive together and overcome difficulties. More than ever, at this time, if we want to overcome the storm, we have to enhance our solidarity. Hand in hand, we reach out into the big ocean.
I know that all member companies of CMC Corporation are developing their 2020 plans with three scenarios: Development; Careful; Very bad according to the forecasts of the world economy. I also know that you guys are so brave that do not back down in every circumstances. I am so proud to journal with you – brave warriors. You have given me confidence in our victory.
At the moment, our warrior spirit, our “can do” spirit, especially our four core values including Commitment, Creativity, C-Speed and Customer Centricity will help us gain success.
The last thing I want to say to all of you and your family, stay healthy. Human health is the most valuable thing, you should take care of yourself and your families. That is the top priority. For your safety, working from home is preferable and face-to-face meetings are minimized. We should prepare all solutions to make sure that the business will not be interrupted in all circumstances. I know that our companies have many initiatives and technological capabilities to solve this problem. We are accompanying with Microsoft to develop solutions and technologies to help the community and customers prevent the spread of COVID-19 pandemic.
Once again, wish our whole family great safety and peace to together overcome the pandemic.
May our country as well as the whole world win COVID-19!
Chairman/CEO of CMC
Nguyen Trung Chinh