Business

Gentherm takes on human resource for rapid growth

By Dang Hoa May 03, 2019 | 03:32 PM GMT+7

Together with delivering good and quality products, multinational firm Gentherm has always set human centralisation as its top priority in all 13 countries it has invested in.

General director of Gentherm Vietnam Alison Astarita.

Five years ago, US-based Gentherm was ranked second in the Forbes 100 Best Small Companies in America. For three consecutive years after that, it was always on the Fortune 100 list of the fastest growing companies.

The leading brand in the thermal industry currently has more than 13,000 employees working at 26 locations across 13 countries. Vietnam has become Gentherm’s latest investment destination in Southeast Asia, with a $12.6 million factory in Ha Nam province.

According to Gentherm Vietnam general director Alison Astarita, it is the company’s strategy to believe on their people as it identifies human centralisation as the most crucial tactic.

She said that one of the most important tasks at Gentherm is to develop its human resource through giving them knowledge, training them to be more professional and enriching them with social skills.

The company often organises knowledge sharing on well-being and on how to set up and manage family finance and maintaining a good family, how to be a good mother and how to look after their health. It also provides sport activities and endeavours to make the company a fun place to work.

“We are a manufacturing company and it is the people that make us successful. It is obvious that you need to provide good products to the market but actually, your people would bring more value to your organisation,” said Astarita.

She also stressed that there are more women in the management team than men, with a ratio of 55:45, at Gentherm Vietnam. In both technical-based and salary-based employee levels, nearly 51 per cent are actually women.

“This is based on our mindset that when setting up the company, we want to give equal opportunity to the right talents,” she said.

After three years operating in Vietnam, Astarita has witnessed the continuous growth of the company and she expects a breakthrough in coming time brought by about 900 hard-working and creative employees.

The biggest difficulty of Gentherm in Vietnam, according to Astarita, is to find enough technical talents. To overcome this, the company has started to develop their own people by getting fresh graduates, working together with vocational schools, providing internship programmes and training them with technical requirements they need.

“Vietnam is one of the fastest growing economies in the region. That is why we are trying to transfer more business to the country. At the moment, our factory is 75 per cent full. We also have another land next door which we plan to fill in. Definitely, there is a bright future for Vietnam," said Astarita.

BIM Group powers largest solar energy complex in Southeast Asia

BIM Group powers largest solar energy complex in Southeast Asia

National Focus -  6 year
The solar power complex in Ninh Thuan province features three plants with total capacity of 330MWp.
BIM Group powers largest solar energy complex in Southeast Asia

BIM Group powers largest solar energy complex in Southeast Asia

National Focus -  6 year
The solar power complex in Ninh Thuan province features three plants with total capacity of 330MWp.
US giant backs Vietnam’s bid to lead ASEAN gas trade

US giant backs Vietnam’s bid to lead ASEAN gas trade

Business -  1 week

With strategic deals and strong policy alignment from the Vietnamese government, Excelerate Energy aims to anchor Vietnam’s LNG ambitions in the region.

Frasers Property, SPX Express sign deal for largest sorting centre in Southeast Asia

Frasers Property, SPX Express sign deal for largest sorting centre in Southeast Asia

Business -  1 week

Scheduled for completion in 2027, the logistics facility will be the first of its kind in Vietnam significantly boosting parcel processing capacity up to 7 million parcels daily.

Gamuda Land secures VND3,750 billion loan for Eaton Park project

Gamuda Land secures VND3,750 billion loan for Eaton Park project

Business -  3 week

Gamuda Land will use the loan to invest in a luxury real estate project in Ho Chi Minh City.

WHA Group accelerates industrial park investment in Vietnam amid tariff tensions

WHA Group accelerates industrial park investment in Vietnam amid tariff tensions

Business -  3 week

Amid global economic volatility, WHA Group has rapidly rolled out multiple expansion projects in Vietnam, signaling its strategic focus on the country.

Hai Phong Port unveils new deep-water terminals to meet growing trade demand

Hai Phong Port unveils new deep-water terminals to meet growing trade demand

Business -  4 week

Hai Phong Port JSC. has inaugurated international container terminals No. 3 and 4 at Lach Huyen, raising its throughput capacity to 3.5 million TEUs per year.

Hoang Huy Group to raise $79 million for Haiphong property projects

Hoang Huy Group to raise $79 million for Haiphong property projects

Business -  1 month

Hoang Huy expects revenue to exceed VND4 trillion and post-tax profit to reach up to VND2 trillion in fiscal year 2025-2026, targeting annual growth of over 30% for the next five years.