Coats named one of the best companies to work for in Vietnam
- 16 Sep 2018
Coats, the world’s leading industrial thread manufacturer, has been named one of the best companies to work for in Vietnam by HR Asia, the leading regional HR publication.
The announcement was made at a gala dinner and awards ceremony held at the Gem Centre, Ho Chi Minh, Vietnam, on Friday 14 September. The award was accepted on behalf of Coats Phong Phu, Vietnam by Quyen Le, HR Business Partner, Vietnam Cluster.
Bill Watson, Managing Director, Vietnam Cluster, Coats, said: ‘We are extremely proud to receive this recognition. It is a result of the values we hold as well as the way that we respect all of our employees in the business. Every person in the Vietnam business knows that they have the power to make positive changes at any time, and this freedom to operate helps us to make the business successful, and people feel proud to work here.’
The award criteria is based on three main categories: heart, mind and soul which then determine the satisfaction of an individual within their organisation. It is measured using two techniques. First, an Employee Input Survey assesses employee engagement, workplace culture, and advancement and development opportunities. Second, a Workplace and Employee Engagement Survey uses a five point scale to measure engagement and motivation. Coats Phong Phu’s survey scores were higher than the industry average in all three main categories.
The award for Coats Vietnam follows the announcement in August that Coats was included in the unrelated ‘Best 80 Companies to Work for in Brazil’ by Great Place to Work, a global research and training consultancy. Meanwhile, in June, Coats Indonesia was awarded ‘Best Company in Bogor’ by the Mayor of Bogor.
Previous awards for Coats Vietnam include: Outstanding Achievement in Business 2016 and the People Empowerment Category at the Vietnam Supply Chain awards 2014. Bill Watson, Managing Director, Vietnam Cluster, was personally honoured by the Prime Minster of Vietnam with the Certificate of Merit in 2014. Quyen Le, Cluster HR Business Partner, Vietnam and Indonesia was awarded Human Resources Professional of the Year 2014 by Tower Watson. Tram Anh Tran, previously Supply Chain Director, Vietnam, was awarded Supply Chain Professional of the Year 2013 by Vietnam Supply Chain Association.
For more information contact:
Kristina Blissett, Head of Group Communications
kristina.blissett@coats.com
T +44 (0)208 210 5084, M +44 (0)7714 539887
Notes to Editors
About Coats
Coats is the world’s leading industrial thread manufacturer and a major player in the Americas textile crafts market. At home in some 50 countries, Coats employs 19,000 people across six continents. Revenues in 2017 were US$1.5bn.
Coats’ pioneering history and innovative culture ensure the company leads the way around the world: providing complementary and value added products and services to the apparel and footwear industries; applying innovative techniques to develop high technology Performance Materials threads and yarns in areas such as automotive, composites and fibre optics; and extending the crafts offer into new markets and online.
Headquartered in the UK, Coats is a FTSE 250 listed company on the London Stock Exchange. It is the Official Thread Supplier to the Royal Shakespeare Company.
- Each year we make enough thread to go into 8 billion pairs of jeans - that’s one for every person on the planet
- Every month Coats produces enough thread to stretch all the way to the sun
- More than 450 million pairs of shoes are made every year using Coats’ thread
- More than 100 million car airbags are made using Coats’ Performance Materials thread every year
- In 1879 Thomas Edison used Coats’ thread in his experiments to invent the light bulb
- Our Red Heart knitting and crochet yarn brand has been named ‘America’s Most Recommended’ by the Women’s Choice Award for three years running
- Our flame retardant Performance Materials threads can withstand temperatures as high as 1,000 degrees Celsius
To find out more about Coats visit www.coats.com
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