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Decision 174/QD-TLD: Financial Revenue Sources of the Vietnam Trade Union

Bich Hoa

12:30, 10/07/2024

Decision No. 174/QD-TLD on the promulgation of the Charter of the Vietnam General Confederation of Labor (12th session) was issued by the Vietnam General Confederation of Labor on February 03, 2020.

Issued together with this Decision is the Charter of the Vietnam General Confederation of Labour (12th tenure) amended and supplemented in accordance with the Resolution of the 12th Congress of the Vietnam General Confederation of Labour and the review opinions of the competent authority. The financial resources of the union consist of the following sources:

- Union fees paid monthly by members amounting to one percent (1%) of their salary;- Union funding contributed by the employing unit according to the provisions of the law;- State budget support;- Other sources of revenue: Revenue from economic activities of the union, cultural and sports activities; projects and proposals assigned by the State; aid and sponsorship from domestic and foreign organizations and individuals.

Note, union finances are managed based on the principles of democratic centralism, publicity, and transparency.

See details in the Charter of the Vietnam General Confederation of Labour issued together with Decision 174/QD-TLD effective from February 03, 2020.

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