Recruit Global Incubation Partners (RGIP), a corporate venture capital arm of Japanese Recruit Holdings, has reached a deal to buy 19.8 percent stake in Anphabe Joint Stock Co, a Ho Chi Minh City-based local human resource (HR) solution provider.
The investment supports Anphabe to expand its Online Network of Management professionals and to become the first integrated Employer Branding (EB) solution provider in Vietnam with 4 key groups of EB services – EB Strategy, EB Creative Development, EB Activation and EB Health Check.
“Vietnam is among promising countries with high economic growth potential while its human resource, especially in senior management segment is always scarce and not yet satisfied business demands on quality.”
“This is one of attractive reasons for international HR solution providers to invest into Vietnam.”
“We decided the investment with two reasons. First, we are highly evaluating Anphabe’s vision and strategy, and think it suits Recruit Group business philosophy,” said Akihiko Okamoto, the President of Recruit Global Incubation Partners.
“It is not coincident that we both select the mission of “Connecting Opportunities” and commit to invest in adding value to users through many free useful activities while developing sustainable business solutions.”
“We are also impressed by Thanh Nguyen and her team, who possess unique combination of essential experiences and expertise to pioneer advanced and differentiated HR solutions. We expect Anphabe to bring new value to both employers and job seekers in Vietnam”.
Besides financial support from the Japanese strategic partner, Anphabe will also have chances to approach more advanced expertise and methodology to keep strengthen its service offering in EB solutions which Anphabe has been a pioneer in Vietnam.
“The strategic investment from a global leading partner like Recruit Group one more time proves that our relentless effort is acknowledged,” said Thanh Nguyen, founder cum CEO of Anphabe.
Recruit Holdings is ranked as the No.1 integrated HR solution provider in Japan with the annual revenue of $10.5 billion for fiscal year 2012.
Anphabe currently owns and operates www. Anphabe.com, considered as Vietnam’s biggest Online Network of Management Professionals with more than 85,000 members, according to Anphabe.
The company is also a HR solution provider for top businesses in Vietnam with main focus on senior professional target talents.