Pros
- Compensation - Working with variety of professionals from established brands - Being a part of something new - Great looking product - Well thought branding/marketing
Cons
This may read harsh, but it's respectfully the truth: 1. Leadership (Chairman) doesn't value American beliefs, standards, cultural norms, opinions, holidays, or past experience; It's a massive business opportunity and not about sustainability. Executive leadership roles and individuals are consistently under-qualified thus turn over, no one can disagree with the Chairman or internal policies. 2. The Bad: - Everything is labor intensive. - Micromanagement is a cultural norm; widespread sense of distrust. - Employees are given a massive amount of responsibility with no authority. - There's absolutely no flexibility or autonomy. - Talented individuals are brought on but their opinions and experience hit walls and hold no value, someone in VN instructs how you to operate in the US. 3. Vendor Relationships, Workplace Conditions: - Vendors aren't respected, bridges are constantly being burned. - Leadership allows operations to take place in extremely poor working conditions where buildings haven't been maintained with a variety of dangerous and uncomfortable working conditions. - You aren't allowed to change your wallpaper or bring a personal mouse and keyboard. The work computers are old/slow/problematic, no dogs, no ergonomics (mouse pad, keyboard pads, standing desks), Working from home is either not allowed or looked down upon, no break room snacks (employees spend their own money to bring sharable snacks), only executives can use private offices, no office music or white noise. - There's a distinct divide between Vietnamese employees and everyone else - Low consideration for employee health, work life balance, happiness, optimizing time spent. 4. Accounting/Finance: - Creates a toxic environment with last minute demands, is allowed to delegate payment processes to all departments, don't track costs, assign repeating failed budget exercises with no consideration to current tasks, There's no proper AP department. Delayed employee reimbursements go through a non user friendly PO process and software that is again labor intensive with constant issues. Lastly, department budgets are manipulated with no communication to affected employees, there's no incentive to save money because saved money in a budget means you're budgeting too high thus your budget gets cut. 5. Culture: - Stress dumping is a norm, everyone's trying to do as little as possible and delegate because of how labor intensive all processes are, worry of budget constraints, or simply being accountable. It's widely known and accepted internally. - There's essentially little to no trust for employees to be self managed, every signature, every approval, for every dollar goes through leadership approval - no matter how serious the urgency - it must wait for approval. So the illusion and internal justification for the above is that VinFast is a high quality sustainable start up going through growing learning pains. But it's really a 30 year old Vietnamese congolmerate (VinGroup) which essentially owns a country and can do whatever it wants...That power, control, way of doing things is felt at VinFast
