On February 17, 2020, the Government issued Decree 20/2020 / ND-CP on the pilot implementation of labor, salary and bonus management for a number of economic groups and state corporations. . This Decree takes effect from April 1, 2020.
Accordingly, this Decree applies to the following groups and corporations:
1. Parent company – Vietnam Posts and Telecommunications Group
2. Parent company – Vietnam Airlines Corporation – JSC.
3. Parent company – Vietnam Flight Management Corporation.
The management of labor in a number of economic groups and state corporations shall be conducted according to the following contents:
1. The company must formulate a labor plan as a basis for recruiting employees.
2. The labor plan is formulated based on production and business plans, labor levels, organizational structure and indirect labor structure streamlined and reasonable.
3. The labor plan is approved by the Members’ Council or Board of Directors before implementation.
4. The recruitment of employees must be conducted publicly and transparently, according to the provisions of law and the labor recruitment regulations, the company’s charter.
5. In case the recruitment of labor exceeds the demand for use, resulting in excess of termination of labor contract, increasing the cost of the company, the General Director must be responsible (including the deduction salaries and bonuses) before the Members’ Council or the Board of Directors of the company.
The promulgation of Decree 20/2020 / ND-CP aims to ensure the openness and transparency in labor, salary and bonus management activities at a number of state-owned economic groups and corporations. maximizing the loss or acts of private interests of state property at a number of state-owned economic groups and corporations.