The leave schedule of National Day holiday on September 2, 2023 for employees and students in Vietnam? What is the leave schedule of stock trading on National Day holiday in 2023?
The leave schedule of National Day holiday on September 2, 2023 for employees in Vietnam?
Pursuant to the provisions of Article 112 of the 2019 Labor Code of Vietnam on public holidays in Vietnam as follows:
Public holidays in Vietnam
1. Employees shall be entitled to fully paid days off on the following public holidays:
a) Gregorian Calendar New Year Holiday: 01 day (the 1st of January of the Gregorian calendar);
b) Lunar New Year Holidays: 05 days;
c) Victory Day: 01 day (the 30th of April of the Gregorian calendar);
d) International Labor Day: 01 day (the 1st of May of the Gregorian calendar);
dd) National Day: 02 days (the 2nd of September of the Gregorian calendar and the previous or next day);
e) Hung Kings Commemoration Day: 01 day (the 10th of the third month of the Lunar calendar).
2. Foreign employees in Vietnam are entitled to 01 traditional public holiday and 01 National Day of their country, in addition to the public holidays stipulated in Clause 1 of this Article.
3. The Prime Minister shall decide the specific public holidays mentioned in Point b and Point dd Clause 1 of this Article on an annual basis.
Thus, the National Day of September 2 every year will be closed on two days on September 2 of the solar calendar and one day immediately before or after.
At the same time, according to the provisions of Article 111 of the 2019 Labor Code of Vietnam as follows:
Weekly breaks
1. Each week an employee is entitled to a break of at least 24 consecutive hours. Where it is impossible for the employee to have a weekly day off due to the work cycle, the employer has the responsibility to ensure that on average the employee has at least 04 days off per month.
2. The employer has the right to determine and schedule the weekly breaks either on Sunday or for another fixed day in a week, which must be recorded in the internal labor regulations.
3. In case a public holiday falls on an employee’s weekly break coinciding with a public holiday as prescribed in Clause 1 Article 112 of this Labor Code, he/she will have compensatory time-off on the next working days.
According to the above regulations, if the weekly rest day coincides with a public holiday or Tet, the employee is entitled to make up for the weekly rest day on the next working day.
National Day (September 2, 2023) falls on a Saturday, so:
- For employees who work on Saturday, the National Day holiday of September 2, 2023 will be off for 3 days. Specifically:
+ Have days-off on September 2 and 01 day before (ie Friday and Saturday) and 01 day off weekly (Sunday). That is from September 1 to September 3.
+ Or have days-off on September 2 and 01 day after that (ie Saturday and Sunday), will be compensated 01 day off on Monday of the next week. That is from September 2 to September 4.
- For employees who do not have a working regime on Saturday, the National Day holiday on September 2, 2023 will be 4 days off. Specifically:
+ If you have a day off on September 2 and the previous day (ie Friday and Saturday), you will be entitled to 1 day off every week (Sunday) and 1 day off on the next Monday. That is, from September 1 to September 4.
+ On September 2 and 01 day after that (ie Saturday and Sunday), you will have 02 days off on Monday and Tuesday of the following week. That is, from September 2 to September 5.
The leave schedule of National Day holiday on September 2, 2023 for students and employees in Vietnam? What is the leave schedule of stock trading holidays on National Day in 2023? (Image from the internet)
How many days-off do students have on September 2, 2023?
Currently, there are no regulations related to the National Day holiday of September 2 for students. Therefore, students will study according to the school's schedule.
However, usually students and students will also have holidays according to the number of holidays that teachers and lecturers are off. Specifically:
- For schools that teach 6 days/week: students and students will have 3 days off
+ Off on September 2 and 01 day before (ie Friday and Saturday) and 01 day off weekly (Sunday). That is from September 1 to September 3
+ Or Off on September 2 and 01 day after that (ie Saturday and Sunday), will be compensated 01 day off on Monday of the next week. That is from September 2 to September 4
- For schools that teach 5 days/week: students will have 4 days off
+ If you have a day off on September 2 and the previous day (ie Friday and Saturday), you will be entitled to 1 day off every week (Sunday) and 1 day off on the next Monday. That is, from September 1 to September 4
+ On September 2 and 01 day after that (ie Saturday and Sunday), you will have 02 days off on Monday and Tuesday of the following week. That is, from September 2 to September 5
What is the leave schedule of stock trading on National Day holiday in 2023?
In Official Dispatch No. 8235/UBCK-PTTT in 2022, guiding the stock trading break schedule on National Day 2023 is as follows:
The Vietnam Stock Exchange, the Ho Chi Minh City Stock Exchange, the Hanoi Stock Exchange, and the Vietnam Securities Depository Center will close for the occasion of National Day 2023 as follows:
- National Day Holiday in 2023: Closed from Friday, September 1, 2023 to the end of Monday, September 4, 2023 (total: 04 days - including 02 weekends).
In addition, the State Securities Commission requires the Vietnam Stock Exchange, the Ho Chi Minh City Stock Exchange, the Hanoi Stock Exchange and the Vietnam Securities Depository to perform:
Notify market members of the above-mentioned trading day off schedule that changes compared to the announced trading break schedule in May 2021 for market members and investors to know and implement.
See details of Official Dispatch No. 8235/UBCK-PTTT in 2022: Click here.
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