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The academic qualifications are a benchmark for capability, Tran Van The, office chief of the road and bridge construction giant, said Friday.
The company made headlines this week after announcing all vice chairmen must have a PhD by 2028 and all directors, the chief and deputy chief of staff, assistants and secretaries must have at least an M.A. by 2026.
The said many people in the company are pursuing an executive master of business administration degree at the National Economics University, and around 90 managers and assistants are required to complete their M.A. in the next three years, and the company would foot all their education bills.
He himself received a VND1-billion ($41,110) cash reward for successfully defending a doctoral thesis.
Those who fail to achieve the qualifications will be dismissed or demoted.
Tran Tho Dat, chairman of the National Economics University’s science and training council, said the school has been partnering closely with Deo Ca to train its staff, with the curriculum designed to solve practical problems.
The company’s chairman, Ho Minh Hoang, 51, has an MBA.
Of the 11 directors, 10 have a master’s degree and the other, a PhD.
