ILO: Vietnam’s new Labor Code close to international standards

TIN LIÊN QUAN
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ILO: VN’s new Labor Code close to international standards. (Photo: toplist.vn)

According to the ILO, the new code is more relevant to universal basic labor rights. Dr. Chang-Hee Lee, Director of ILO Vietnam, hailed the move as an important progress, stating that the amendments in the Labor Code would significantly improve Vietnam’s employment and labor relations, thus creating a solid foundation for international integration and fair trade.

The ILO said the latest revision of the Labor Code has created a more complete legal framework for the implementation of voluntary collective bargaining, an essential tool for a modern socialist-oriented market economy in the process of extensive global integration.

The most important change in the revised Labor Code is that employees at businesses are allowed to establish or choose to participate in an organization that represents them, without having to become a member of the Vietnam General Confederation of Labor.

According to experts, the revised Labor Code plays an important role, paving the way for the full implementation of the 1998 ILO Declaration. The new code has created a better legal framework on employment and labor relations, helping to achieve equitable and sustainable growth, in the context that Vietnam is striving to become an upper-middle income country.

This will contribute significantly to achieving progress on satisfactory employment for all workers, both men and women.

During the process of revising the Labor Code since 2016, the ILO has been providing technical assistance to the Ministry of Labor, Invalids and Social Affairs, employees’ and employers’ organizations, and the National Assembly, aiming to help Vietnam organize consultations on the contents of the draft revised code in the fullest manner, towards ensuring the stakeholders are consulted with evidences and researches while narrowing the gap between the national legal framework and the ILO’s basic conventions.

The ILO Vietnam Director added that the recently adopted code clearly shows the significant steps that are closer to and more consistent with all the four internationally recognized fundamental principles at work.

Rising business costs to upset foreign investment inflow to Vietnam The government has so far also planned to cut costs for businesses to make the country’s investment environment more attractive.

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