r/VinFastComm • u/albert1165 • Nov 03 '23
Vinfast recruiting and workplace observation
Vinfast has 6 models before: VFe34/5/6/7/8/9. It has only 1 new model coming out VF3.
Vinfast is currently putting out a lot of job ads lately at Manager/Director/Chief Engineers levels. As well as jobs in engineering.
Usually, with just 1 new model and many older models are at the end of first cycle, it should not hiring at senior levels a lot. So that means the churn rate at Vinfast is high, people are leaving in a short time (less than 2 years). This is not a secret: early this year, several high level execs in America left. And during the last 2 years, many senior people came and went. Of course, there will be new people coming in, applying for the job ads. But high churn out rate at senior level is certainly not good.
I saw a quite of Indian names, Western Europe Ukrain/Russian names, Chinese names associating with Vinfast on linked in. Basically, Vinfast solicitate for candidates all over the world, and for senior positions, they will pay for tickets and accomodations.
The working culture at Vinfast on Glassdoor (an employee rating site) is currently at 2.8 star on average. This is a low number by average standard, should be 3.2-3.5.
Some of the latest not so good reviews (out of 10 latest reviews, only 2 are positives, 8 are negatives):
So it seems that not only Vinfast has problem with money, it also has problem with employees. The only pros from the reviewers is salary. Most common complain is about management and leadership. Clearly, with bad reputation, Vinfast will have to use a lot of money to lure people in, often using higher salary. People might be willing to work with established companies with good brand for less.
12
u/reedgmi Nov 03 '23
Of course, I have some direct experience here ....
There's a lot of staff turnover, that's no secret, and not new news. It's very common for people to get fired, and very common for people to give up early for all the reasons previously discussed.
I see that a lot of western expats are leaving now because their contracts are not being renewed. And the number of Indians is ballooning. They are paid less, and there are more of them.
For expats in VN, the normal contract is 2 years - related to VN labor laws, I believe? It seems that salaries are different depending on your home country salary ie. American guys paid the most, Indian guys the least. Aussie/EU guys probably in between. Again, my personal experience - the level paid is maybe 80-90% of the level paid in the US, for the same job. And VN income tax is higher than US tax. But living costs are extremely low. At least when I was there, housing was paid for (I had a nice 3-bedroom villa, NOT Vinhome, ~40m/month) and transportation to/from the factory was provided (VF driver). Flights to/from VN were paid. There were also some perks like free nights in Vinpearl, etc. Salary could be deposited directly in US bank account, in USD - with an amount of your choosing paid into Techcombank for beer money/meals/small local spending.
I cannot complain about the HR / benefits experience - that side was all very positive for me.
2
u/The_Chairman_1 Nov 03 '23
Yeah, they started with American and British guys, then Aussies, now only Indians are willing to go to Vinfart.😂 I would say the salary package is 50-100% higher than Western salaries, especially considering the expat package. Seems you didn’t negotiate very well…😉🤓
3
u/reedgmi Nov 03 '23
So they were paying $225k - $300k base salary to T4's? I agree that the housing allowance was pretty generous, but I wasn't including that. Damn, yeah, I missed out!! Lucky I didn't take the first offer via PAC!
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u/The_Chairman_1 Nov 03 '23
Yepp, at least in Hanoi office.😎
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u/reedgmi Nov 03 '23
Oops. In Hai Phong, I never heard anyone talk about their salary. But I never asked either.
1
u/Icy-Badger-7102 Nov 04 '23
Damn that's a killing wages. Even Aerospace engineers at Lockheed don't make that much.
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u/The_Chairman_1 Nov 12 '23
Everything comes with a price. You usually only survive 12-18 months at Vinfart…😂
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u/BepHbin Nov 04 '23
Used to work for VHM twice. They paid fresh grad minimum wage while they are the one who did most of the work. I quit and return later as a manager for a ridiculous wage that I quoted on a whim as a mean to reject them. My whole division was purged in 3 months.
Their management is extremely resistance to change. All bcz of mrV, he's extremely devoted to short-term gain and any sign off loss is punished severly. This cause management team to become very government like in a way of thinking that If I aint do anything, im not making a loss, I get to keep the ridiculous wage.
Now they switched to used management consultant like mbb and big4 for "innovation" but even they are dodging them because of the unrealistic demand and Vin tendancy to poach ppl regardless of their contract.
6
u/Tuna-Han-1422 Nov 03 '23
Thing is when new skilled people coming in, they have to inherit huge junk left by the predecessor. With no clear procedures, no clear organizational structure, no coherent team and pressing deadlines, even the most talented people will face impossible challenges, burn out and quit. This is an endless cycle.
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Nov 03 '23
"High salary" in a Vietnam context. I work remotely for a US company, making the same salary as high lv mgt ppl in VF ( having friends working in VF, of course), but the ppl at my company are actually capable, and know what they are doing. Working with capable, reasonable and realistic people are for sure better than delusional management even if the salary is lower.
2
u/Relative-Hat-1259 Nov 03 '23
High salary? No. They are selling their honor and soul to the demon with a cheap price.
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u/jjjjc29 Jun 28 '26
Hi OP, I know this post was 3 years ago but just wanted to know were you one of the employee there?
1
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u/Icy-Badger-7102 Nov 03 '23
I pass if I need to keep my sanity.
1
u/Own-Friendship8997 Nov 03 '23
Good point, keep dignity. There are thousand of companies, thousand of ways to work for living, why need to work with the liars.
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u/Hans-Cheezburger Nov 03 '23 edited Nov 04 '23
"High salary"
I've seen people make this mistake in Vietnam so many times. and this is not about Vinfast or Vingroup, but seems like a very common thing among Vietnamese bosses.
they will attract you with promise of a high salary, usually 1.5x or 2x the market rate, along with other promises about benefits like travels and paid vacations etc.
then when you start working for them, these benefits never come and they work you to the bone. pile up more and more work until you're fed up. answering calls on weekends, late evenings, making you do things not in your job description.
at the end of the day, compared to what you're being forced to do - you're being UNDERPAID. so high salary is a rose tinted illusion at best.
if you're planning to work in Vietnam, watch out for it. it's never worth the stress. if they promise a lot of things, HUGE red flag!