Foreign invested enterprises asked to pay union fees
Foreign invested enterprises and
foreign partners to business cooperation contracts in Vietnam will now
be asked to pay 1 percent of their payroll to the trade union in line
with the Law on Trade Unions.
Foreign invested enterprises and
foreign partners to business cooperation contracts in Vietnam will now
be asked to pay 1 percent of their payroll to the trade union in line
with the Law on Trade Unions.
The scheme was launched at a meeting in Hanoi on August 11 by the Vietnam General Confederation of Labour (VGCL) in association with the Ministry of Finance and the Ministry of Planning and Investment.
The target companies include Vietnamese joint-stock enterprises which have 49 percent of their stakes owned by foreign investors.
The Ministry of Finance asked local trade unions to spend the funding to boost trade union operations and provide social welfare to local workers. The ministry also allowed them to allocate some money from the funding to pay unionists for their services, if possible, in line with guidance from the VGCL./.
The scheme was launched at a meeting in Hanoi on August 11 by the Vietnam General Confederation of Labour (VGCL) in association with the Ministry of Finance and the Ministry of Planning and Investment.
The target companies include Vietnamese joint-stock enterprises which have 49 percent of their stakes owned by foreign investors.
The Ministry of Finance asked local trade unions to spend the funding to boost trade union operations and provide social welfare to local workers. The ministry also allowed them to allocate some money from the funding to pay unionists for their services, if possible, in line with guidance from the VGCL./.
You should also see
Prime Minister pays tribute to legendary founders of Vietnam
Prime Minister Pham Minh Chinh and other officials offered incense in commemoration of the Hung Kings, the legendary founders of Vietnam, at Kinh Thien Palace on Nghia Linh Mountain in Viet Tri city, the northern province of Phu Tho, on April 18 (the 10th day of the third lunar month).
See more
Business
Thu Duc city seeks investment in 11 PPP projects
Authorities of Thu Duc city, Ho Chi Minh City, held a conference on April 17 to draw investment in 11 public-private partnership (PPP) projects in the fields of education, culture and sports, with a total capital of over 2 trillion VND (83.3 million USD).
Videos
Real estate market thrives, entities ready to re-enter market
The real estate market has witnessed positive developments, with a slew of projects, including billion-dollar projects, being announced and called for investment in the first quarter of 2024.
Business
Forum discusses support for women-owned firms to join supply chains
A forum on supporting women-owned businesses to join supply chains through sustainable development tools took place in Hanoi on April 17.
Business
Satisfaction of administrative services improves
Vietnamese citizens had greater satisfaction with the administrative services provided by State agencies last year, according to the Satisfaction Index of Public Administration Services (SIPAS) 2023 announced by the Ministry of Home Affairs (MoHA) on April 17.
Business
Petrol prices increase slightly on April 17
The retail prices of petrol were adjusted up from 3pm on April 17 by the Ministry of Industry and Trade and the Ministry of Finance.
