FrieslandCampina Vietnam (FCV) is a joint venture between Binh Duong Producing and Trade Goods (Protrade) Corporation and Royal FrieslandCampina – one of the world largest dairy companies with more than 140 years of experience in ‘from grass to glass’ dairy business. We started our joint venture since 1995 with a compelling vision to provide better nutrition to Vietnam with high nutrient dairy products, for a good living of our farmers, now and generations to come. Our well-known brands include Friso, Dutch Lady, Fristi, Yomost, Ovaltine, etc. Every year, we serve over 1.5 billion of milk packs to Vietnamese consumers, while supporting Vietnamese farmers with dairy development program to transfer our knowledge and help the farmers have sustainable incomes. Our contribution to Vietnam’s’ economic growth was highly appraised by the Government. We have received numerous awards of recognition from the Government, including:
- The 1st and 2nd grade Labour medals in 2016 and 2018 – Government Office
- Top Sustainable Businesses in Vietnam (2017) – VCCI
- Top 50 most Prosperous Companies in Vietnam (2018) – Vietnam Report
- Top 10 Well-known Trademark of Vietnam (2018) – Vietnam Intellectual Property Association
EFFECTIVE COMPENSATION & BENEFITS SCHEMES AND STRATEGY
1. Our HR practices are innovative and creative
Our Compensation and Benefits strategy was developed to support our business strategy and support our pay for performance culture. With the goal to build an ideal working environment, sustainable growth and be one of the leading companies in Vietnam, we focus on building and continuously improving policies for compensation and benefits to ensure the income level commensurate with the employee’s performance. Based on Global frameworks about Base Compensation and Variable Pays, we has setup local Compensation & Benefits frameworks which:
- a) are competitive with local market;
- b) recognize and reward differences in individual performance, maturity and scarcity;
- c) support the ability to attract, engage and retain the right talents for Company.
2. Our HR processes/ standards developed and applied to build people management
As a global framework in total rewards show company commitment in good returns provided to employees in exchange of their time, talents, efforts and results.
EXCELLENT WORK ENVIRONMENT
At FrieslandCampina, we believe that providing our people with the best work environment is instrumental to attracting and keeping our talents. It goes beyond providing superior office facilities although we have a cool, fresh and colorful office in Bitexco Financial Tower and two world class factories in Binh Duong and Ha Nam.
We provide our employees with a mission to work for: “nourishing by nature” and a strong purpose: providing better nutrition for the world we live in and a good living for farmers, now and for generations to come. Our company is a responsible business that always seeks to do what is truly good for the company and for society. Every single day we make a genuine difference in the lives of millions of people. All this gives our employees a sense of purpose and belonging, a sense of teamwork, mutual respect, interdependent and cooperatively working like a family.
At FrieslandCampina, we believe people are our key assets. We need to attract, build and nourish them. Our workplace environment helps make a difference to all employees by allowing them to (1) Be comfortable at work with excellent office facilities; (2) Connect through an open communication culture; (3) Give back to community