Watson Wyatt Worldwide, a leading global consulting firm, announced today that it has acquired SMART Human Resource Vietnam Company Limited ("SMART HR"), a premier HR consulting services firm in Vietnam.
SMART HR provides human capital consulting services in training and development, talent management, compensation management and salary surveys. The firm has 25 employees with offices in Ho Chi Minh City and Hanoi.
"This acquisition greatly strengthens Watson Wyatt's presence in the broader ASEAN market place and Asia Pacific overall," said Bob Charles, Watson Wyatt's Asia Pacific Regional Managing Director. "By establishing operations in Vietnam, we can provide our global and regional clients with world-class consulting advice in one of Asia's most dynamic emerging markets."
"We are delighted to be part of the Watson Wyatt team," said Jessica Lu, CEO of SMART HR. "This integration will enable us to leverage Watson Wyatt's global network of expertise to offer a broad portfolio of client solutions to the burgeoning Vietnam market."
Jessica will lead Watson Wyatt's Vietnam operations. Watson Wyatt currently has offices across 12 markets in the Asia Pacific region - Australia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan and Thailand.
About Watson Wyatt Worldwide
Watson Wyatt is the trusted business partner to the world's leading organizations on people and financial issues. The firm's global services include: managing the cost and effectiveness of employee benefit programs; developing attraction, retention and reward strategies; advising pension plan sponsors and other institutions on optimal investment strategies; providing strategic and financial advice to insurance and financial services companies; and delivering related technology, outsourcing and data services. Watson Wyatt has 7,600 associates in 32 countries and is located on the Web at www.watsonwyatt.com
About SMART HR Vietnam
SMART HR Vietnam, established in 2001, is a client-focused HR consulting firm providing services in training and development, talent management, compensation management and salary surveys. The firm has 25 employees with 10 associated facilitators/consultants and has a track record of helping foreign multinationals achieve their human capital objectives.
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