The National Assembly of Vietnam has enacted the new Labour Code on 20 November 2019 (Labour Code 2019) that will supersede the prevailing Law No. 10/2012/QH13 dated 18 June 2012 (Labour Code 2012) from 01 January 2021.
The transition period is rather long and the Labour Code 2012 still takes effective during the whole year of 2020, it is thus still at the very preliminary stage to prepare any change for the business to accommodate new regulations outlined in the Labour Code 2019 to the business in this year of 2020. Nevertheless, it is still a prudent step for the business to well prepare in this transition period and plan for the year 2021.
In this legal update, we will discuss about some noteworthy changes under the Labour Code 2019 that, from our point of view, business employers should stay alerted on for the changes which will take effect since 2021.
Hoang Le Hang
Business Development Manager
Tel: +84 24 3971 0888