On August 8 in Ho Chi Minh City, Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) was honored to receive the “Best Workplace in Asia 2024” award from HR Asia Magazine - Asia's leading prestigious human resources magazine. HR ASIA also honored Vietcombank in all award categories.

Vietcombank delegates took a souvenir photo with Mr. William Ng - Editor-in-Chief of HR Asia Magazine, Chairman of the HRAA Award Evaluation Council. (Source: VCB News)

“Best Companies to Work for in Asia” - HR Asia Best Companies to Work for in Asia Awards (HRAA) is a prestigious international award held annually to recognize and honor organizations with outstanding human resources policies, leading working environments and high levels of employee engagement in countries in the Asian region.

The award was conducted by the Organizing Committee through many rounds of evaluation, based on an online survey following the overall engagement assessment model (TEAM) for the staff; using independent research, expert opinions as well as direct interviews with the Board of Directors of participating businesses to select and decide the award results.

Although 2024 is the first year Vietcombank has registered to participate in the HRAA award, the Organizing Committee's evaluation results for Vietcombank in all criteria are significantly higher than the market average. Vietcombank is honored to receive all 04/04 award categories of the Organizing Committee, including 1 main award "Best Workplace in Asia" and 3 special awards: "HR Asia Diversity, Equity, and Inclusion Awards - Enterprises with the most outstanding Diversity, Equity, and Inclusion policies", "HR Asia Most Caring Company Awards - Enterprises with the best employee care" and "HR Asia Sustainable Workplace Awards - Enterprises with a sustainable working environment".

The HRAA 2024 Award and the "Harmonia" Gold Cup presented by the Organizing Committee are worthy recognition for all 22,000 Vietcombank employees who have been working together to build and create a sustainable, professional, cohesive and humane working environment. This is also a clear demonstration of the strong commitment of Vietcombank's Board of Directors in always valuing and promoting the human factor, effectively implementing policies on human resource management and development with the strategic goal of becoming "The leading bank in terms of human resource quality".

Mr. Hong Quang - Member of the Board of Directors and Director of Human Resources representing Vietcombank received the "Harmonia" gold cup from the Organizing Committee. (Source: VBC News)

With a wide network of operations domestically and internationally, and a diverse workforce in terms of qualifications, ethnicity, gender, age, etc., building a diverse, equitable and inclusive working environment is not only a goal but also a commitment, the key to Vietcombank's success.

Ms. To Thi Phuong Dung - Head of Human Resources Policy and Planning Department, representing Vietcombank, received the special award from the Organizing Committee. (Source: VCB News)

Vietcombank's Board of Directors, in coordination with mass organizations, always cares about the material and spiritual life of employees; salary policies and preferential treatment mechanisms are competitive compared to the market. The average income of employees at Vietcombank has increased over the years and is always among the market leaders. The bank is also a pioneer in implementing internal bonding activities, sports and cultural programs that encourage a healthy lifestyle, contributing to improving physical and mental health, helping employees balance work and life.

Being recognized by HR ASIA magazine as “Best Workplace in Asia 2024” will bring Vietcombank’s image further, enhance its reputation, employer brand value and position in the labor market, strengthen engagement, attract and retain talent, create internal strength to help Vietcombank maintain its position as the leading bank in Vietnam, gradually improving its position in the region and the world.