Firstly, contribute to systematizing the theoretical and practical basis of business activities and resreach the history of gpv viet nam technology company limted

VIETNAM NATIONAL UNIVERSITY OF AGRICULTURE FACULTY OF ACCOUTING AND BUSINESS MANAGEMENTINTERNSHIP REPORT Group of Student: 1... VIETNAM NATIONAL UNIVERSITY OF AGRICULTURE FACULTY OF ACCO

VIETNAM NATIONAL UNIVERSITY OF AGRICULTURE FACULTY OF ACCOUTING AND BUSINESS MANAGEMENT

INTERNSHIP REPORT

Group of Student:

1 Pham Thi Hien – 642290 – K64QTKDT

2 Nguyen The Long – 645125 – K64QTKDT

3 Vu Thu Ha – 641599 – K64QTKDT

Lecture: Ph.D Tran Minh Hue

HA NOI, 2021

VIETNAM NATIONAL UNIVERSITY OF AGRICULTURE FACULTY OF ACCOUTING AND BUSINESS MANAGEMENT

INTERNSHIP REPORT

Group of Student:

1 Pham Thi Hien – 642290 – K64QTKDT

2 Nguyen The Long – 645125 – K64QTKDT

3 Vu Thu Ha – 641599 – K64QTKDT

Lecture: Ph.D Tran Minh Hue

HA NOI, 2021

Dear Teachers, this is the first internship, so it means a lot to us, 3rdyear students who are still sitting in the university lecture hall Because inaddition to cultivating specialized knowledge and skills, internships atenterprises and preparing necessary skills to complete the graduation thesisare also very important It is an opportunity for us to have access to the realworking environment at companies and businesses, and to apply the theorytaught in school to real work Especially thanks to that, we have gained theexperience and skills as the basis for the final thesis internship

After 5 weeks of internship, receiving guidance and help from teachersand the company, our group of students including Pham Thi Hien, NguyenThe Long, Vu Thu Ha came from K64 Advanced Agribusiness Administration(K64QTKDT) successfully completed the first practical training session atGPV Vietnam CO., LTD with the topic of general understanding of theCompany's business operations During the internship period, we had manyopportunities and conditions to learn, research and collect comprehensivelyinformation from the history of formation and development, organizationalstructure, business fields to the market, processes, production activities andbusiness results of the company Thereby helping us to better understand thecompany in all aspects and complete the Internship Report on the company

We sincerely thank Instructor Ph.D Tran Minh Hue, Lecturer inAccounting and Business Administration Faculty, Vietnam National Academy

of Agriculture, Mr Vu Tien Thinh and the Board of Directors of GPVVIETNAM CO., LTD The staff in the company enthusiastically guided andhelped us during the internship period and wrote the report

Due to many limitations in knowledge as well as practice time, thereport cannot avoid errors, our team would like to receive comments and

guidance from teachers to report the internship program 1 of our group ismore complete.

We sincerely thank you!

TABLE OF CONTENTS

CHAPTER 1 INTRODUCTION 1

1 Introduction 1

1.1 The rationale of the internship report 1

1.2 Report objectives 2

1.2.1 General objective 2

1.2.2 Specific objective 2

1.3 Scope of report 2

1.3.1 Scope of space 2

1.4 Report methodology 3

1.4.1 Data collection 3

1.4.2 Statistical method 3

1.4.3 Analytical method 3

1.4.4 Synthesis 3

CHAPTER 2: FINDING 4

2 Finding 4

2.1 Introduction of a company 4

2.2 Operating characteristics and consumption market 5

2.3 Resources and Facilities 5

2.3.1 Organization stucture 5

2.3.2 The main product 7

2.3.3 Equipment 9

2.4 Business results of the company in 3 years 10

2.5 Performance Analysis 13

CHAPTER 3: CONCLUSIONS AND RECOMMENDATIONS 15

3 Conclusions and Recommendations 15

3.1 Conclusions 15

3.2 Recommendations 15

LIST OF TABLES

Table 2.1: Income Statement from 2019-2021 (Unit: VND) .10

CHAPTER 1 INTRODUCTION

1 Introduction

1.1 The rationale of the internship report

To complete practical course 1st

Help students with practical approach and apply the knowledge theyhave learned in practical production and business at production facilities.Because the student who does an internship receives credit from theuniversity, graded credit determined by the technical writing faculty, thereneeds to be documentation in addition to the site supervisor's evaluation as abasis for that graded credit Submitting an internship report not only providesthe faculty with a document which qualifies the student for graded credit, italso provides the faculty with in-depth information about the profession theyare responsible for preparing students to participate in Furthermore, and ofconsiderable importance, the internship report increases the student'sresponsibility by requiring the student intern to gather information and planthe report throughout the work experience The student then has anopportunity to demonstrate maturity as a technical writer by presenting,analyzing, and evaluating his or her own work on the job

Responding the demand of faculty accounting and businessmanagement also our requirement

The concept of business analysis

In the most general sense is the process of studying all phenomena andthings directly and indirectly related to human production and businessactivities The analysis process is carried out from the step of actualinvestigation to abstract thinking from observing reality, collecting datainformation, processing and analyzing data information, finding the cause tothe decision set out operational orientations and solutions to implement thoseorientations

The main content of business analysis is the business results indicatorssuch as sales revenue, production value, cost, profit,etc When analyzing, it isnecessary to clearly understand the boundary between quantitative criteria andquality indicators, absolute, relative, average,etc.

Deeply research the factors affecting the performance of businessresults on those targets

1.2 Report objectives

1.2.1 General objective

Clarify the current status of business activities in the company Observethe operation, thereby proposing some solutions related to businessperformance

1.2.2 Specific objective

Firstly, contribute to systematizing the theoretical and practical basis ofbusiness activities and resreach the history of GPV VIET NAMTECHNOLOGY COMPANY LIMTED

Secondly, understand the organization, human resource, understand theprocess of producing product, and their products and analyze financial status

1.4 Report methodology

1.4.1 Data collection

Data collection is the process of gathering and measuring information

on targeted variables in an established system, which then enables one toanswer relevant questions and evaluate outcomes

Secondary data: From available materials of GPV VIET NAMTECHNOLOGY COMPANY LIMTED

Primary data: Using observe to survey

1.4.2 Statistical method

Based on the report which GPV VIET NAM TECHNOLOGYCOMPANY LIMTED give for us: Asset, liability, machines, material,etc.Statistical methods are mathematical formulas, models, and techniquesthat are used in statistical analysis of raw research data The application ofstatistical methods extracts information from research data and providesdifferent ways to assess the robustness of research outputs

1.4.3 Analytical method

An analytical technique (analytical method) is a procedure or a method forthe analysis of some problem, status or a fact Analytical techniques are usuallytime-limited and task-limited They are used once to solve a specific issue.Using the financial statement to analyze based on the outside factorsand inside factors; using excels software to compute; using diagram, table,etc

1.4.4 Synthesis

Research synthesis is the overarching term we use to describeapproaches to combining, aggregating, integrating, and synthesizing primaryresearch findings Each synthesis methodology draws on different types offindings depending on the purpose and product of the chosen synthesisSynthesis the data in financial statement, in the table For example:table show the number of employees and equipment of GPV VIET NAMTECHNOLOGY COMPANY LIMTED

Director is Mr Vu Tien Thinh

GPV VN CO.,LTD operates mainly in the field of food processingHistory and Development: Company was founded in September 29, 2019.GPV Vietnam Technology Co., Ltd, formerly known as VEGANPARADISE COMPANY LIMITED (VEGETARIAN PARADISE COMPANYLIMITED) was established in 2012, co-founded by Mr Tuong Ngoc Tan and Mr

Vu Tien Thinh, with address at Address: No 16, lane 18, Ta Thanh Oai, Ta ThanhOai Commune, Thanh Tri District, Hanoi City The main business of the company

is the production and supply of ready-to-eat foods

In 2019, realizing the increasing market demand, the companyexpanded its operations and established GPV Vietnam Technology Co., Ltd.under the management and administration of Mr Vu Tien Thinh Thecompany operates in the field of food processing and technology transfer forpastry processing The company was initially headquartered in Vinh Phucwith a total area of 2000m2 (of which 600m2 was used as a factory)

In 2020, the Company expanded its factory area to 8000m2, launched thehigh-class pastry brand Cindy, and opened a representative office in Hanoi.Currently, the Company is investing in opening a high-class bakery factory

in Phu Tho with a total area of up to 5000m2, increasing the capacity to 5 tons offlour per day New investment in carton and plastic tray production lines, in order

to proactively provide a part of packaging for products

2.2 Operating characteristics and consumption market

Currently, the company is manufacturing and supplying cakes and instantcakes every day In addition, the company also transfers production technology tofacilities and factories in the fields of pastry processing technology and importsequipment, technology and raw materials for food production

The company's products are a favorite and always selling well atconvenience stores in the Northside of Vietnam, most in Hanoi, Vinh Phucand Phu Tho In which, Hanoi is the highest consumption area, accounting for60% of the company's total product output The convenience stores that thecompany chooses to cooperate with are small and medium-sized, with evenlydistributed items, so consumers can easily access the products The company

is gradually moving towards distributing products in large chain ofconvenience stores such as Vinmart, Tomita, Dalatfarm to reach out to moredemanding customers in the big urban area

2.3 Resources and Facilities

2.3.1 Organization stucture

Currently, GPV Vietnam Technology Co., Ltd has about 30 employeesincluding workers and board of directors All workers, when recruited into thefactory, are thoroughly trained in food hygiene and safety and all of the

employee working in the department must meet the company's recruitmentrequirements in terms of qualifications and experience.

Chief Executive Direct (CEO) of the company is Mr Vu Tien Thinh

He is also the founder of GPV His responsibilities are manages and directsthe company toward its primary goals and objectives Oversees employmentdecisions at the executive level of the company Leads a team of executives toconsider major decisions including acquisitions, mergers, joint ventures, orlarge-scale expansion

Deputy Business Director is Mr Vu Tien Thinh has responsible foroverseeing the development of an organization's business goals andobjectives They typically work to increase business revenue, identify anddevelop business opportunities, and expand the company's presence and itsbrands

Deputy Technical Director is Mr Vu The Vuong has responsible forrecording the technical specifications of the products they use to maintainconsistency throughout the production process He also makes purchases oftech systems, oversee their installation and train their staff to use the newtechnology during production

CHIEF EXECUTIVE DIRECTOR (CEO)

BUSINESS

DEPARTMENT

ADMINITRATION DEPARTMENT

ACCOUNTING DEPARTMENT

DEPUTY BUSINESS DIRECTOR

DEPUTY TECHNICAL DIRECTOR

TECHNICAL DEPARTMENT

Business Department include marketing, finance, operationsmanagement, human resource, and IT These five divisions represent themajor departments within a publicly traded company, though there are oftensmaller departments within autonomous firms.

Adminitration Departmant is important to any company because itworks across all departments and with all kinds of work The functions of theAdmin Department include General Office Management; Asset Management;Transport Management and Security and Safety Management

Accounting Department records accounts payable and receivable,inventory, payroll, fixed assets and all other financial elements Thedepartment's accountants review the records of each department to determinethe company's financial position and any changes required to run the companycost-effectively

Technical Department has fuctions that manage, implement and inspecttechnical work, ensure work progress, saftey, quality and economic efficiency

in company; management of using, reparing, purchasing equipments,machines for business operations in company

2.3.2 The main product

Salted shredded meathamburger (Net weight: 55g, Price 8,000-10,000/piece)

This is the company's first salty cake product It is a best-sellingproduct, loved and trusted by consumers.

high-Chrysanthemum bread (Net weight: 250g, Price 25,000-30,000/piece).GPV's chrysanthemum bread product lines also possess extremely richnutritional content, suitable to be used by all ages.

2.3.3 Equipment

Although GPV is a young company, they invests in very modernequipment and machinery to create high quality bakery products withbeautiful shapes, saving time and expenses for customers, workers and mostimportantly, ensure food safety for products A full set of cake productionlines with full equipment, high productivity, cost-effective support for bread-making technology transfer include:

Machine 1: Dough Mixer

Machine 2: Cake Depositor

Machine 3: Rotary Oven

Machine 4: Cake Filling Machine

Machine 5: Cooling Conveyor

Machine 6: Sterilization

Machine 7: Nitrogen Generator Set

Machine 8: Cake Packing Machine

Machine 9: Date Printer

2.4 Business results of the company in 3 years

Table 2.1: Income Statement from 2019-2021 (Unit: VND)

Source: Business departmentRevenue

In 2019, the company's revenue reached more than 25 billion VND, by

2020 it will reach more than 30 billion VND, an increase of about 5 billionVND In 2021, the revenue suddenly increased by nearly one and a half timeshigher, about 46 billion VND, an increase of nearly 15 billion VND compared

to 2020 It can be said that the company's revenue has a relatively fast growth

It proves that the company has constantly made efforts to negotiate, seek toexpand economic relationships in order to increase revenue, and also showthat the quality of products of the enterprise is increasingly improved, createdreputable in the market In 2019, the company's revenue was 25,623,489,000VND This is the year that GPV Technology Co., Ltd has brought high-classbakery products to the market Thanks to this step forward, GPV's revenue in

2020 has increased by nearly 1.2 times Another reason why revenue isconstantly growing is that the company is very diligent in researching andunderstanding customers' tastes to launch new products on special holidays.Not only that, GPV's products are also constantly innovating in terms ofdesign to meet the maximum needs of customers The period 2020-2021 is adifficult period because the COVID-19 epidemic creates many challenges formost industries and business fields, but for food industry enterprises,