On December 14, 2020, the Government issued Decree 145/2020/ND-CP guiding the Labor Code on labor conditions and labor relations. Accordingly, this Decree provides for the time limit for notification before unilateral termination of labor contracts for The enterprise’s executive.

According to the provisions of this Decree, The enterprise’s executive (as stipulated in the Enterprise Law) is a specific profession. When employees in specific profession unilaterally terminate labor contracts or employers unilaterally terminate labor contracts for these employees, the notice period is as follows:

• At least 120 days for an indefinite term or a indefinite-term labor contract of 12 months or more;
• At least a quarter of the term for the labor contract less than 12 months.

This Decree takes effect from February 1, 2021.