The first Vietnam HR Awards held in HCM City aims to recognie and honour businesses with excellent HR policies and effective strategies. — Photo dantri.com.vn

HCM CITY (VNS) — Thirteen businesses received the Vietnam HR Awards for best human resource practices given away by the Talentnet Corporation and Labour and Social Affairs newspaper at a ceremony in HCM City on Wednesday.

Endorsed by the Ministry of Labour, Invalids and Social Affairs, the newly instituted awards are aimed at recognising and honouring businesses with excellent HR policies, promoting effective HR strategies, and creating a forum to share HR policies and practices.

They are given to outstanding enterprises in five human resources categories: manpower planning and resourcing, compensation and rewards management, performance management, training and human capital management, and best workplace environment.

A sixth prize recognises the efforts of companies that went through transition periods but remained focused on HR and achieved encouraging results.

Only four of the winners were Vietnamese - The Gioi Di Dong, FPT, Tan Cuong Minh, and Thanh Cong Textile Garment, Investment and Trading Joint Stock Company.

The rest were multinational firms — Intel Products Viet Nam, Unilever Viet Nam, Abbott Viet Nam, DHL, and Samsung Vina Electronics.

Intel won in three categories: manpower planning and resourcing, compensation and reward management, and best workplace environment.

This also fetched it the Best HR Practices of the Vietnam HR Awards 2014 award.

Arnold Chan, managing director of Grow Talent Pte Ltd. and a member of the jury, said Vietnamese companies are acknowledged for their flexibility, creativity, and adaptability.

Multinational companies are best known for their professionalism and standard measurement methods, which help develop a HR strategy that is closely connected with the business strategy, he added. — VNS