HÀ NỘI — The Labour and Social Affairs newspaper – the organ of the Ministry of Labour, Invalids and Social Affairs (MOLISA) -- and Talentnet Corporation launched the Vietnam HR Awards 2018 here Wednesday.

Being launched for the first time in 2014, the award honours enterprises with outstanding strategies and manpower policies in Việt Nam.

Over the past five years, the annual award has attracted participation from a number of enterprises and HR experts across the country.

The enterprises joining the award will be divided into two groups.

Group A is for enterprises with outstanding HR strategies. Enterprises in the group must work in Việt Nam for at least 15 years, have at least 100 employees and own total property worth more than VNĐ11 trillion (US$482.9 million).

Group B is for enterprises with effective HR policies. Enterprises in the group must work in Việt Nam for at least five years and have at least 50 employees.

Documents to apply for the awards should be in Vietnamese and English and sent to the Talentnet Corporation on Floor 6, No 33 Mạc Đĩnh Chi Street in Đa Kao Ward, District 1, in HCM City. One soft copy should be sent through the website www.vietnamhrawards.com.

The deadline for the contestants is June 29.

The award ceremony will be organised in November.

Speaking at the launch ceremony, Deputy Minister of Labour, Invalids and Social Affairs Nguyễn Thị Hà said the awards had become a prestigious, legitimate and legal platform for the enterprise community.

It has contributed to creating a strong foundation for developing HR sector in Việt Nam, she said.

The MOLISA has stated that training and developing manpower, especially high-quality manpower, is its main priority this year.

“It is an urgent and strategic issue, and also measures increases in labour productivity and resolves unemployment,” said Hà.

“To access and adapt to the Industrial Revolution 4.0, developing high-quality manpower is an important duty. In the revolution, vocational training schools and enterprises are the two main factors,” she said.

Nguyễn Trung Chính, Acting Editor-in-chief of the Labour and Social Affairs newspaper, head of the organising committee, said when enterprises want to grow, the first thing they should do is stabilise their manpower and set a strategy to develop their HR capacity.

“Enterprises should follow legitimate references like the Vietnam HR Awards to update their information on the labour market and new trends in HR management,” he said.

Tiêu Yến Trinh, general director of the Talentnet Corporation and deputy head of the organising committee, said setting up an effective and balanced HR strategy was one of the most important priorities of multi-national enterprises and Vietnamese ones.

The awards hope to provide more opportunities for enterprises to exchange information and experiences and create a valuable foundation for HR sector in Việt Nam. — VNS