Great Place To Work unveils Vietnam’s 25 best workplaces for 2024

The list, announced on May 23, is based on the same rigorous criteria as the Fortune 100's 'Best Companies to Work For' in the United States and 'World’s 25 Best Workplaces', and recognises organisations excelling in workplace culture.

The 25 winning companies are divided into three categories: 10 in the 'Small' category (up to 99 employees), 10 in the 'Medium' category (100–999 employees), and five in the 'Large' category (1,000 employees or more).

This year saw a record participation of 125,000 employees across various industries, and the number of certified companies surged by 150 per cent compared to last year, highlighting a growing commitment to excellence in workplace culture.

In today's dynamic business landscape, characterised by challenges such as multi-generational workforces and the integration of AI, maintaining a great workplace environment can seem like an uphill battle.

Great Place To Work honours those that have achieved 'Great Place To Work Certification' and exemplified extraordinary dedication to fostering a positive workplace culture. These businesses have set the gold standard, surpassing expectations associated with their certification.

Board chair of Great Place To Work ASEAN & ANZ, Roland Wee, said, "Vietnam’s economy is expected to remain strong for the next three years, with GDP growth and exports both rebounding strongly. Attracting and retaining talent will be a key competitive advantage for Vietnamese and international businesses looking to capitalise on this growth."

Vietnam faces workforce challenges, with its working-age population (25–64 years) expected to peak in 2040, while the elderly population (65 years and above) is projected to nearly double, reaching 17 million by 2040. However, opportunities remain as China’s working-age population, which peaked in 2020, is expected to decline by almost 100 million people by 2040. Companies able to entice and retain talent will be best positioned to benefit from this demographic shift.

Wee also stressed that the number of companies in Vietnam certified by Great Place To Work has tripled over the past three years. Those workplaces recognised in Vietnam have distinguished themselves even further this year.

While businesses that achieve 'Great Place To Work Certification' have demonstrated a strong commitment to fostering a positive workplace culture, sustainable development is also a crucial topic for both Vietnamese and foreign businesses.

Drew Duncan, managing director of DHL Supply Chain Vietnam, spoke of how DHL is transitioning from fuel-powered to electric vehicles (EVs).

"We are working with suppliers from other Southeast Asian countries to facilitate this transition to EVs. Additionally, we are collaborating with the chamber of commerce and the government to establish the necessary harmonisation codes that will allow us to import commercial EVs, as currently, such codes do not exist," said Duncan.

"We can likely go fully electric over short distances since we can charge the vehicles while they are being loaded or parked at the depot. However, for long-distance travel, the current infrastructure is not yet adequate. In this case, using hybrid vehicles is probably more practical for the next three to five years while the charging infrastructure for long-distance travel is developed," he added.

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