Sixty-four companies with the best policies for treating employees will receive awards from the agencies later this month.

An executive of Tan De Sports Goods Production JSC gives workers lucky money before they leave for the Lunar New Year holiday in 2023. Photo courtesy of the company

The honoring ceremony will be held on the night of October 29 at the Hanoi Opera House, hosted by the Vietnam General Confederation of Labor, the Ministry of Labor, Invalids and Social Affairs (MOLISA), and the Vietnam Chamber of Commerce and Industry (VCCI), and supported by the Lao Dong (Labor) Newspaper.

Launched in 2014, the annual ceremony votes and ranks the companies that have persistently improved their working conditions and developed a healthy and sustainable environment to take care of employees.

In the 2023 edition, the companies will be praised for not only securing their operations and expanding their revenues in the difficult, challenging post-pandemic economy but also for taking care of their employees and providing them with sufficient mental and physical care.

The list of companies has been completed, Tran Thanh Hai, Vice President of the Vietnam General Confederation of Labor, said at the October 23 press conference.

"The number of enterprises applying for the ranking has increased from last year, so it's a positive change. Amid economic uncertainties and adversities, these enterprises have made efforts to maintain and improve their favorable policies for employees," the vice president said.

Since its inception in April, hundreds of companies have applied for the ranking. Through evaluation, the VCCI finalized and announced in mid-August the list of 64 best companies in treating their employees.

The companies' efforts have been a driving factor in Vietnam's socio-economic growth. The rankings prove that these companies have good labor policies and have created good working conditions for their employees, said Hai.

"What makes a good product is both the quality of the production line and the happiness of the workers," he said.

Hoang Quang Phong, Vice President of the VCCI, hailed the rankings as motivation and encouragement for enterprises to achieve better results in the future, create more jobs for Vietnamese people, and boost the country's socio-economic development.

Speaking at the press conference, Dinh Thi Hong Hanh, Director of the Human Resources Department of Tan De Sports Company, said that 2023 is a tough year for the garment and footwear industry.

"For years, we had only accepted large orders. Since Q4/2022, we have to take small orders, fulfill outsourcing orders, and even unprofitable orders. We want to secure jobs first, and then think about cost-cutting measures," she said.

Tan De Sports Company is also one of the 64 shortlisted companies. It has nine factories and employs 17,000 people.