TRAINING AND DEVELOPMENT STRATEGY
The training and development of human resources is a key focus for the company’s
leadership, ensuring that all employees have opportunities to participate. Additionally, the company
emphasizes regular performance evaluations for 100% of employees, which helps individuals leverage their
strengths and contribute to the sustainable development of the organization.
- Training and Development Strategy
- Training Plan: PVCFC has developed a training plan focusing on specialized courses,
management and leadership training, ongoing skill development,language training, and internal training
programs.
- Diverse Training Forms: The Company offers various training modalities, including
in-person and online sessions, to provide flexibility and facilitate participation.This approach enhances
the effectiveness of training while maintaining stability in management, production, and business
operations.
- Annual Training Budget: PVCFC ensures that the annual training budget meets the
ongoing needs for employee development, maintaining high quality tosupport job requirements and the
strategic directions of the company.
- Recognizing that people are central to the sustainable development of PVCFC, the
Company’s strategic human resource development plan aims for 2025. The General Director approved Decision
No. 2859/QD-PVCFC on December 24, 2021, which outlines detailed strategic objectives for the 2021–2025
period. This plan focuses on building a team of experts and sourcing personnel to ensure the expertise and
competencies necessary for implementing the company’s development strategy and business operations across
several key areas, including: Corrosion Management; Technology Optimization and Design; Equipment Condition
Diagnosis; Automation Control Systems; Operation of Urea Technology Equipment; Dynamic Equipment; Electrical
Systems and Equipment. Each year, PVCFC reviews its expert talent pool to identify promising candidates for
expert development.
API 579-1/
ASME FFS-1
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METHODS OF COMMUNICATION WITH STAKEHOLDERS
- PVCFC engages with and hires training services from reputable domestic and
international institutes/schools/training units that have expertise in specialized fields, with experienced
and capable instructors.
- PVCFC has signed MOUs with specific universities such as Hanoi University of Science
and Technology, Ho Chi Minh City University of Technology, PetroVietNam University, University of Technical
Education, University of Industry, and Can Tho University.
SPECIFIC ACTIVITY GROUPS TO ACHIEVE THE OBJECTIVES
- Comprehensive Training Programs: In 2023, PVCFC organized
specialized training sessions covering management, leadership, ongoing skill development, language training,
and internal training. The programs were conducted in both in-person and online formats to offer
flexibility, facilitating employee participation and enhancing the effectiveness of training while
maintaining smooth business operations.
- Training for Senior and Middle Management: Courses and seminars were
held on topics such as “How Corporate Culture Enhances Management Effectiveness” and “Board Culture and
Governance through Cultural Leadership” targeted at management personnel from mid-level and above.
- Cultural Development Project Training: A training program entitled
“7 Effective Habits” and “Leading with the Speed of Trust” was conducted for all company employees. These
sessions included extracurricular activities themed around “Effectiveness and Responsibility,” aimed at
strengthening the corporate culture within PVCFC.
METHODS OF COMMUNICATION WITH STAKEHOLDERS
- PVCFC engages with and hires training services from reputable domestic and
international institutes/schools/training units that have expertise in specialized fields, with experienced
and capable instructors.
- PVCFC has signed MOUs with specific universities such as Hanoi University of Science
and Technology, Ho Chi Minh City University of Technology, PetroVietNam University, University of Technical
Education, University of Industry, and Can Tho University.
- Cultural Development Project Training: A training program entitled
“7 Effective Habits” and “Leading with the Speed of Trust” was conducted
for all company employees. These sessions included extracurricular
activities themed around “Effectiveness and Responsibility,” aimed at
strengthening the corporate culture within PVCFC.
- Expert Training: PVCFC places a strong emphasis on developing
experts, having implemented a program that has successfully cultivated 6 specialists across various fields,
including corrosion management, technology optimization and design, equipment condition diagnosis, water
treatment, automation control systems, and Urea technology operation. Additionally, there are 2 candidates
in dynamic equipment and electrical systems who meet competency frameworks, alongside 4 candidates who have
achieved Level 1 expert competency in fields such as Electrical Systems, Equipment Testing, Microbiology,
and Agriculture.
- Corporate Culture Training: Courses on corporate culture are
conducted regularly, including manuals and business conduct codes (COC), offered1- 2 times a year.
Participation and completion rates exceed 85%.
- E-learning Training: Internal training sessions on information
security awareness, anti-terrorism, and soft skills are provided through thee- learning system to help
employees develop supplementary skills for their jobs.
- Onboarding for New Employees: All new hires participate in a
comprehensive onboarding program, with a 100% participation rate. In 2023, the company collaborated with the
Labor Union to organize factory tours, visits to U Minh Forest, and the Ho Chi Minh Memorial site, including
a direct dialogue session with the General Director. The average training hours amount to 26 hours per
employee per year.
PVCFC Internship Welcome Program.
- Internship and Talent Development: PVCFC has implemented programs for interns,
providing training and financial support for students during a3- month internship. This initiative not only
contributes to social welfare and enhances education for the youth but also helps the company build a
pipeline of quality talent. In 2023, PVCFC connected with universities to assess and recruit interns,
resulting in 11 out of 25 interns achieving excellence, with 2 officially hired by the company.
TRAINING RESULTS AND ANALYSIS FOR 2023 AT PVCFC DETAILED RESULTS
PVCFC organized training sessions to enhance the level of professional competence,
knowledge, skills, and expertise to ensure business operations for employees. Specific Training Data:
2021: Total training hours were 24,698 hours.
2022: Total training hours were 24,705 hours.
2023: Total training hours were
30,993 HOURS
with an average of
23.5 HOURS PER PERSON PER YEAR
Training Hours by Employee Classification:
28,175 HOURS/YEAR
Senior Management (executives; department heads and equivalents)
1,100 HOURS/YEAR
Middle Management (deputy department heads and equivalents,workshop heads, team
leaders)
1,722 HOURS/YEAR
Training Budget: The training budget for 2023 was fully met, achieving 100% of the
plan. The allocated budget was VND 13 billion, and the actual expenditure was also VND 13 billion.
Employee Training Participation: The participation rate of employees
in training reached 115.37% of the plan.
The training has significantly enhanced employees’ professional skills, ensuring
the factory operates safely, reliably, and steadily. Employees are now more proactive in performing
comprehensive plant maintenance without the need to hire external experts.
The PVCFC roadmap is currently implementing job descriptions and assigning KPIs to
evaluate performance based on the completion of assigned tasks.
On the other hand, PVCFC provides a team of experts and specialized personnel to
support other units within the Corporation in maintenance, operations, and production activities.
PVCFC has a workforce under 39 years old, accounting for nearly 70% of total
employees. With a young, dynamic, and eager-to-learn attitude, training efforts are focused on this
group to ensure effective training outcomes and to meet the Company’s future goals.
The age similarity among PVCFC personnel allows for targeted and appropriate
training programs. Additionally, the team is easily accessible and effectively utilizes the E-learning
system, which helps save on in-person training budget resources and enhances self-learning capabilities.
This flexibility increases their knowledge and personal value. The team is well-suited in terms of age
and is being prepared for future roles within the Company.
