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This score is 25 per cent higher than the average score of businesses competing across Asia in 2022 and far ahead of the average score for the Vietnamese nominations. To achieve this position – one that many businesses across the continent aim for – is not easy because the list of Asia's Best Places to Work is selected through an extremely rigorous evaluation process via the Total Engagement Assessment Model – a model based on the criteria of Core, Self, and Group that are applied to major human resource markets in Asia. Core (collective organisation for real engagement) assesses culture, discipline, management capacity, leadership, and agile initiatives. Self (heart, mind, and soul) assesses the level of cohesion, pride, and emotion at work. Finally, Group (think, feel, and do) measures the level of cooperation between members within the business. A representative of CT Group at the HRAA 2022 award ceremony Speaking at the honouring ceremony, deputy director of … [Read more...] about CT Group wins at HR Asia Awards 2022

HD SAISON has unveiled a preferential loan package of VND10 trillion (US$429.78 million) for workers at industrial parks across the country with the stated goal of protecting them from loan sharks. — Photo courtesy of the company HD SAISON, a subsidiary of HDBank, has earmarked a loan package of VND10 trillion (US$429.78 million) at half the market interest rate for workers at industrial parks across the country. Through this, it hopes to help the government stabilise the economy and ensure social security, and protect workers from loan sharks. Workers expressed happiness on hearing about the package. HD SAISON will lend from this package until the end of 2023 at an interest rate of 20 per cent a year compared to the normal rate of 40-50 per cent. Borrowers can roll over their loans for several years. For the sake of workers An HD SAISON spokesperson said the company was honoured to be chosen by the Government and the State Bank of Vietnam as one of two consumer finance … [Read more...] about Why do workers opt for HD SAISON’s loan package?

The surprise came to mind again last week when I heard news about a drunk driver ramming his car into a gas station in Hanoi, injuring eight people. Vietnam has an issue with drinking and driving. This isn't a new conversation, but it remains relevant because the issue has never been resolved. There have been many takes on why this has happened. It was said that fines and other punishment for drunk driving were too low to be a deterrent. Then businesses saw their business fall drastically, at least for a while, when the fines were doubled some time ago. There have been calls for driving licenses to be permanently revoked for drunk driving and that it is made a criminal offense. Under current laws, drivers with any amount of alcohol in their system can be fined up to VND40 million ($1,708) and have their licenses revoked for up to 24 months depending on alcohol levels and types of vehicles, among other factors. If drunk driving leads to a major accident, drivers can be fined … [Read more...] about Restaurants should be held accountable for drunk drivers