Human Resource Management Report Topic- Analysing Training Activities Of Vingroup.pdf

HUMAN RESOURCE MANAGEMENTREPORT TOPIC: ANALYSING TRAINING ACTIVITIES OF VINGROUP : MAI HOÀNG ANH : NGUYỄN THÀNH TRUNG : NGUYỄN PHAN THẢO NHI : NGUYỄN MINH TẤN BỘ GIÁO DỤC VÀ ĐÀO TẠO TRƯỜ

HUMAN RESOURCE MANAGEMENT

REPORT

TOPIC:

ANALYSING TRAINING ACTIVITIES OF

VINGROUP

: MAI HOÀNG ANH : NGUYỄN THÀNH TRUNG : NGUYỄN PHAN THẢO NHI : NGUYỄN MINH TẤN

BỘ GIÁO DỤC VÀ ĐÀO TẠO TRƯỜNG ĐẠI HỌC SEN

HUMAN RESOURCE MANAGEMENT

REPORT

TOPIC:

ANALYSING TRAINING ACTIVITIES OF

VINGROUP

: MAI HOÀNG ANH : NGUYỄN THÀNH TRUNG : NGUYỄN PHAN THẢO NHI : NGUYỄN MINH TẤN

TABLE OF CONTENT

BỘ GIÁO DỤC VÀ ĐÀO TẠO TRƯỜNG ĐẠI HỌC SEN

- Acknowledgement

I.INTRODUCTION:……….……….……….

……… 5

II VINGROUP AND THEIR TRAINING ACTIVITIES: 6

1 COMPANY BACKGROUND: 6

1.1 COMPANY FOUNDATION AND DEVELOPMENT HISTORY 7

1.2 MISSION, VISION AND CORE VALUES 8

1.3 ORGANIZATIONAL STRUCTURE: ………10

1.4 BUSINESS SITUATION: 10

2 ANALYSING VINGROUP'S TRAINING ACTIVITIES: 12

2.1 TRAINING POLICY: 12

2.2 TRAINING PROCESS: 13

2.3 TRAINING METHODS: 14

2.4 TRAINING BUDGET: 15

2.5 TRAINING CONTENTS: 16

3 ASSESSMENT AND RECOMMENDATION: 18

3.1 ASSESSMENT: 18

3.2 RECOMMENDATIONS

We express our sincere gratitude to Ms Nguyen Thuy Giang, our esteemed instructor, for her invaluable guidance and support throughout the development of this human resource management report Her expertise and insightful feedback have been instrumental in shaping the content and structure of this document We genuinely appreciate the time and effort Ms Nguyen Thuy Giang has dedicated to reviewing and providing constructive input, which has greatly enriched the quality

of this report Commitment to fostering a conducive learning environment has been

a source of inspiration, and we are grateful for the opportunity to learn under her mentorship We would also like to extend our thanks to the entire human resource team for their cooperation and contributions to this project Their collaboration has been crucial in compiling comprehensive insights and analysis

Human Resource Management (HRM) stands at the heart of organizational success, shaping the workforce that drives progress and innovation In today's rapidly evolving business landscape, equipping future HRM professionals with the right skills and knowledge is crucial

This report delves into the intricate training activities undertaken by HRM functions, shedding light on how they are prepared to tackle the challenges and opportunities of tomorrow's workplace By comprehensively analysing the training activities at Vingroup, one of the biggest companies in Vietnam, this report aims to provide a roadmap for future training development and highlight the invaluable contributions of HRM education in shaping the workforce of tomorrow Prepare to embark on a journey through the dynamic world of HRM training and witness how future professionals are equipped to build thriving and inclusive training performance

In today's dynamic business landscape, continuous learning and skill development are critical components for organisations seeking to stay competitive Vingroup, a prominent leader in various industries, understands the critical importance of cultivating a culture of innovation, adaptability, and proficiency among its employees This report delves into Vingroup's comprehensive training activities, aiming to highlight the company's commitment to nurturing talent, driving professional growth, and laying the groundwork for long-term success

As we embark on this journey through Vingroup's training landscape, we invite readers to gain insights into the innovative methodologies, cutting-edge technologies, and strategic partnerships that contribute to the company's commitment to fostering a learning culture Through this report, we aim to showcase how Vingroup's dedication to continuous improvement training and knowledge dissemination is a testament to its role as a trailblazer in the global business arena

1 COMPANY BACKGROUND:

- In 1993, Technocom Group was established in Ukraine and became the forerunner of Vingroup With two original strategic brands, Vinpearl and Vincom, Technocom focused on real estate and tourist investment when it returned to Vietnam in the early 2000s Vingroup Corporation, which formally operated under the Group model, was formed by the merger of Vincom Joint Stock Company and Vinpearl Joint Stock Company in January 2012

- Prior to the merger, Mr Pham Nhat Vuong was the founder and a member of the boards of Vincom and Vinpearl Vingroup, with a market valuation of around 16 billion US dollars, is one of the biggest private economic groupings across many industries in Asia The Group's three main business segments are as follows:

 Technology

 Industry

 Trade in Services.

Vingroup wants to become the area's preeminent Technology, Industry, Trade, and

Service Group To do this, it will continuously innovate, build an elite network of goods and services, and raise standards improve the Vietnamese people's quality

of life and strengthen the country's brands' standing abroad

- DETAILED INFORMATION OF VINGROUP GROUP

 Full name: VINGroup Joint Stock Company

 Vin Group shares: VIC

 Chairman of Vin Group: Pham Nhat Vuong

 General Director of Vin Group: Pham Nhat Vuong

 Website: https://vingroup.net/

Logo of Vingroup

1.1 COMPANY FOUNDATION AND DEVELOPMENT HISTORY

- Vingroup's development process:

In January 2012, Vingroup Corporation—a new legal entity—was established by the merger of Vinpearl Joint Stock Company and Vincom Joint Stock Company, increasing the combined charter capital to 5,500 billion VND Vingroup Corporation consolidated its approach to creating and expanding its four brand groups:

 Vincom real estate sector

 Vinpearl operates mainly in the field of tourism and entertainment

 Vincharm is in the field of healthcare and beauty

 Vinmec provides high-quality medical services

January 7, 2012: Inaugurated Vinmec International General Hospital according to the hotel hospital model

In January 2013, Vingroup joined the World Economic Forum as a founding member

April 2013: Using the Vinschool brand and an interlevel school system spanning from preschool to high school, the company formally entered the Vietnamese education sector

July 2013 saw the official opening of Vincom Mega Mall, Asia's largest subterranean entertainment complex

November 2013: The Vinhomes brand was formally introduced with the goal of creating product lines for upscale real estate and service housing

September 2, 2017 saw the founding of Vinfast, a company that manufactures automobile bodywork, auxiliary and replacement components for engines and motor vehicles, and locomotives and vehicles railroad, tram, vehicle, etc Vingroup Corporation continues to play a leadership role in setting new consumer trends as it strives to provide goods and services that meet worldwide standards and offer fresh perspectives on modern living, regardless of the industry

1.2 MISSION, VISION AND CORE VALUES

- Mission

“For a better life for everyone.”

Vingroup keeps growing at its best, offering goods and services that satisfy global requirements Ensuring that the calibre of the product satisfies the needs and expectations of the consumer, generating enduring value

- Vision

"Vingroup aims to develop into a leading technology - industry - trade and

service corporation in the region."

Vingroup wants to become the area's preeminent Technology, Industry, Trade, and Service Group To do this, it will continuously innovate, build an elite network of goods and services, and raise standards Improve the standard of living for people and strengthen the standing of Vietnamese companies globally

- Core values

Vingroup strives to uphold six core values: Credibility, Integrity, Creativity, Speed, Quality and Humanity These are described below

 Credibility

Vingroup takes great care to preserve its credibility, just as one would guard their honor The Group spares no effort in achieving its objectives and is perfectly equipped to carry out its ambitions

 Integrity

VinGroup's integrity requires us to adhere to the highest ethical standards as well

as all applicable legal requirements Thus, we must always prioritize our clients' needs

 Creativity

Vingroup's management thinks that The Group's ability to live up to its motto,

"Dare To Think, Dare To Do," is a result of creativity All workers are encouraged

to pick up new skills under this attitude

 Speed

The Group believes that operational efficiency and speed are essential to our success "Fast To Decide, Fast To Invest, Fast To Deploy, Fast To Sell, Fast To Change, and Fast To Adapt" are a few of the methods that adhere to our emphasis

on speed

 Quality

Vingroup's operational philosophy of "Best in People, Best in Products and Services, Best in Quality of Life, Best in Commitment to Society" applies to all of our offerings

 Humanity

All of the Group's stakeholders have their interests respected Vingroup is committed to fostering harmony among the interests of all parties involved by placing a strong emphasis on justice, honesty, unity, and strength

1.3 ORGANIZATIONAL STRUCTURE:

Organizational structure of Vingroup

1.4 BUSINESS SITUATION:

- Vingroup ecosystem

The Vingroup ecosystem now works in eight sectors, each of which has a large

number of well-known brands and subsidiaries It is safe to say that since Vingroup

is Vietnamese, everyone utilizes it Utilize Vingroup's services from any location

Property Hospitality

and enter

tainment

Consumer retail

Industrial s Healthcare Education Agriculture Technology

Vinhomes Vinpearl Vinmart Vinfast Vinmec Vinschool Vineco Vintech Vincity Vinpearl Vinpro Vinsmart Vinfa Vinuniversity

Vincom Vinpearl

golf Adayroi

Vinoffice Vintata

Brands of Vingroup corporation

- Customer Segmentation

Selection of the right client segment is one of the factors that contributes to Vingroup's success The following is how this conformance is stated:

- Regarding the property industry:

Vingroup is a leading company in the selection of upscale real estate market sectors, such as luxury flats, high-rise buildings, and retail malls Customers with high salaries, frequently prosperous businesspeople, companies with significant financial potential, are the ones that enterprises target

Regarding the retail industry

Vingroup is no longer the owner of Vinmart But Vinmart supermarket and Vincom retail system swiftly took over the retail industry when they were established Vinmart has been successful in changing people's buying behaviors by getting them to realize the importance of utilizing clean, safe food and providing excellent customer service

- Competitors

Although there is no denying the market's potential, Vingroup faces significant obstacles Strong indigenous brands like Saigon CO.OP, Maximark, Citimart, Satramart, and others have encircled every store and supermarket in the domestic retail sector

- Revenue & profit

After six months, Vingroup brought in 102,530 billion VND in revenue and made 7,936 billion VND in profit—a 128% increase over the same time in 2022 As per the prearranged timeline, VinFast is anticipated to list in August Vingroup Corporation (VIC) has just released its financial statements covering the first half

of 2023 and the second quarter of 2023

VinGroup's business results from 2021 to 2023

2 ANALYSING VINGROUP'S TRAINING ACTIVITIES:

II.1 TRAINING POLICY:

- VinGroup always invests and pays attention to management and employee training Coming to VinGroup, each employee

- Considered as the representative image of the corporation, VinGroup trains employees according to the "Vingroup learning" strategy Any employee who does not improve their expertise or training standards will have their benefits cut Employees must be able to learn anytime, anywhere, and learning at everyone can be considered the first national question of the collective Employees recruited to VinGroup must have a sense of responsibility in work and life Vingroup will ensure employee welfare and improve management efficiency through specific standards

II.2 TRAINING PROCESS:

- Vingroup will have 7 steps in its training process:

 Step 1: Prepare the working environment for new employees of the corporation Send documents as well as process announcements and introduce them to the company's departments and work areas with colleagues Employees may have questions, and their superiors can answer the following questions They will train related professionals and finally evaluate and give feedback

 Step 2: Find out and record information about new employees

Work opinions will help businesses better understand employees and future directions for businesses to consider and adjust according to employees' wishes so that employees have the most comfortable working environment possible In addition, businesses need to learn about employees' interests and skills and enter employee information into one document so that people in other departments can easily look up and contact each other to support each other in their work

 Step 3: Welcome new employees

When welcomed, they will feel the closeness and friendliness of the working environment During the welcome session, they can share and provide basic information about the business

 Step 4: Disseminate necessary information and work orientation

Introduce the departments to the information they will undertake in their work, introduce utilities and benefits as well as inform them about their duties

 Step 5: Move to the professional training stage

Convey professional skills, consider needs, research records, prepare necessary documents, monitor work completion, ability and work efficiency

 Step 6: Provide regular feedback and timely support to employees

Provide assessments, provide and support when employees encounter difficulties, and provide guidance to employees

 Step 7: Check and evaluate the training process

Determine and design a capacity assessment table, create criteria that can be based

on the criteria to evaluate and consider the level of completion of the final job, monitor, evaluate and give results

II.3 TRAINING METHODS:

- Vingroup, a prominent conglomerate in Vietnam, recognizes the critical importance of its human resources and invests heavily in their development The company's human resource strategy is centered around nurturing a skilled workforce that is both virtuous and talented They focus on creating an environment that fosters speed, creativity, and efficiency, enabling employees

to fully develop their capabilities and professional expertise

- A significant aspect of Vingroup's approach is the collaboration with leading global technology companies This is exemplified by their partnership with Intel, which focuses on developing cutting-edge technologies including AI and smart city solutions Such collaborations are integral to Vingroup's strategy to enhance its technological ecosystem and bring advanced

technologies into their products and services

- This emphasis on employee development and technology collaboration demonstrates Vingroup's commitment to building a modern, professional work culture It's a strategy that not only benefits the organization but also contributes positively to the broader Vietnamese labor market by raising the overall quality and qualifications of its workforce