BIDV honoured as “Outstanding business for employees

Hoa QuynH

BIDV honoured as “Outstanding business for employees”

During an honouring program held on 2 October in Hanoi, BIDV was recognised as one of Vietnam’s 10 best enterprises this year, receiving a Certificate of Merit from the Vietnam General Confederation of Labour.

As stated in BIDV's development strategy, employees play an important role in the bank’s decision making process. Therefore, one of the most important objectives of BIDV is to invest in staff training and development in order to build a qualified workforce that is capable of fulfilling the system's business goals and strategies as well as to meet the political missions of the banking industry. At present, BIDV has more than 25,000 employees who are highly trained with high professional skills and is regarded as one of the best workforces in comparison with other commercial banks in Vietnam.

BIDV also puts special focus on employee development, particularly on professionally organised training programs. During 2019 and 2020, BIDV organised a total of 203 training courses nationwide with the participation of nearly turns of 80,000 trainees. Overall, many training programs and in-depth seminars provided staff with new knowledge in the era of digital technology, such as intensive training courses for digital finance; data science; leadership skills applying simulation technology, the

Mr. Tran Xuan Hoang - Member of BOD, Chairman of BIDV Trade Union, represents BIDV to receive the Certificate of Merit from the Vietnam General Confederation of Labour

application of big data to improve the efficiency of banking operations; and an international conference on blockchain.

BIDV has built up a remuneration policy to show its gratitude to employees for their contributions, notably a competitive salary and bonus system, as well as the ability to create career development opportunities for young employees demonstrating talent through their contributions.

The "Outstanding business for employees" award aims at evaluating and honouring enterprises for their constant efforts to improve the working environment and to care for the physical and mental wellbeing of their employees with a view to building a healthy corporate culture. After all, a culture that ensures harmonious, stable and progressive labour relations between employees and employers towards sustainable development in today’s integration process is the core evaluation criteria of the award.

Mr. Nguyen Dinh Khang, chairman of the Vietnam General Confederation of Labour, said that the winning enterprises this year were selected not only because they met the award’s rigorous criteria, but also because they proved to be the best companies in finding solutions to ensure income security for employees, and contributing to the government’s dual goals of effectively fighting the pandemic while ensuring economic development and social security.