On November 27, 2024, the National Assembly promulgated the Law on Trade Union No. 50/2024/QH15, replacing the Law on Trade Union 2012 (Law on Trade Union 2024). This Law is promulgated to overcome the limitations and inadequacies of the Law on Trade Union 2012 after more than 10 years of implementation, such as: some matters regarding the organizational system, financial mechanism, trade union rights, etc.. In addition, the Law on Trade Union 2024 aims to institutionalize the Constitution 2013, policies and resolutions of the Party and ensure the consistency of the legal system. The Law on Trade Union 2024 will take effect from July 1, 2025 with the following outstanding regulations:
(i) Supplementing a number of rights and responsibilities of trade unions;
(ii) Supplementing the cases of exemption, reduction or suspension of trade union dues;
(iii) Amending and supplementing the regulations on management and use of trade union finance and supplementing requirements for disclosure of trade union finance.
