Phúc Sinh Says Employees Can Earn Up to 21 Months’ Salary a Year

At a corporate culture seminar held in Ho Chi Minh City on November 10, Phan Minh Thông, founder and chairman of Phúc Sinh (Công ty CP Phúc Sinh), said the company pays employees the equivalent of 18 to 21 months’ salary a year, depending on their length of service and contribution to the business. It also offers employees interest-free home loans with a 10-year term.

Phan Minh Thông said high pay is one reason employees stay with a company for many years, but financial benefits cannot always retain them. He cited an employee who chose to leave after using a company home loan for nine years and repaid the entire amount borrowed. He said companies need to keep adapting their work environments to employees’ needs.

Business leaders discuss corporate culture at the seminar.（VietVance）

According to Phan Minh Thông, the number of employees the company has recruited over the past two years is 40% higher than before, with recent graduates among the new hires. The company is also adapting its workplace culture to meet their expectations for a modern, creative work environment. In September 2026, on the company’s 25th anniversary, it awarded VND 900 million in bonuses to three female employees who had worked there for 17 to 24 years. The total bonuses given to thank employees at the event came to nearly VND 2.5 billion.

Founded in 2001, Phúc Sinh initially traded and exported agricultural products before expanding into production, processing, development of raw material growing areas and commerce. The company now has eight factories and sells products to more than 120 countries and territories. In its 2026 fiscal year, which ended on September 30, 2026, revenue exceeded VND 10.5 trillion (about USD 410 million), up more than 17% from 2025.

Source: VietVance