| Abstract | Vietnam has been in the WTO for over one year. Foreign investment into Vietnam has
increased significantly and has created many jobs in cities and provinces. But now in the
market there is lack of skilled and educated labour force, especially in the field of finance,
bank, insurance and trade. Vietnam enterprises are facing a shortage of adequate labour
force because many employees are ready to leave for foreign enterprises with more
attractive salary and working conditions. At the same time it is difficult for Vietnam
enterprises to recruit new well qualified staff. The Industrial Zone Developing Company
(Inzodeco) is facing the same situation.
Inzodeco is the State-owned Company that was established in 1990. Its main activity is
developing industrial zones in Dong Nai province. Inzodeco is one of the first companies
in the country to successfully develop industrial zone. Now Inzodeco is facing the severe
lack of well skilled and educated staff, especially in managerial positions.
There are some critical causes leading to the shortage of well skilled and educated staff.
These are low average salary, unattractive rewards and benefits, unsuitable recruitment and
selection, and weak performance management. Among them the most important thing is
performance management because this factor largely affects other ones such as salary,
rewards, and recruitment. To have good performance management, the company must have
good managerial staff and equip supported software on human resource management.
Especially, the operation of a state owned company is not suitable for the current economic
context any more. If it is not changed this will be a big obstacle for improving and solving
the human resource problems because its operation is too much influenced by regulations
of the Law on State Owned Enterprise. The most important action the company has to do
for improving the situation is changing the operational model of the company.
In general, human resource plays an important role in developing an enterprise or
organization. From this research, it is obvious that labour force is the most precious asset
of an enterprise and Inzodeco is the same case so the company has to conduct necessary
measures to improve human resource management such as set up HRM Department,
looking for talent HR manager with experience at the time changing the operational model
takes place. |