Guidance on assessing the implementation of finance of Trade Union in Vietnam in 2024

Guidance on assessing the implementation of finance of Trade Union in Vietnam in 2024

The content mentioned in Guidance 32/HD-TLD of 2024 regarding the development of the 2025 trade union financial estimates issued by the Vietnam General Confederation of Labor.

Guidance on assessing the implementation of finance of Trade Union in Vietnam in 2024

guides the evaluation of the implementation of trade union finances in 2024 as follows:

(1) Concerning the receipt and expenditure of trade union finances:

Based on the results of organizing the receipt, expenditure, and submission of trade union financial obligations for the first nine months of 2024 and the estimated full year of 2024, trade union levels need to focus on evaluating the following key contents:

- Evaluate the advantages and difficulties in collecting union funds and fees according to current regulations; assess the implementation status of the financial budget for trade union receipt and expenditure, budget allocation and fund allocation for the year 2024.

- Evaluate the impact of members and workers having reduced working time or employment contracts terminated due to companies cutting or reducing orders on the implementation of the 2024 union financial receipt and expenditure budget.

- Assess the statistical work and tracking of labor and member data according to organizational reports and financial receipts from trade union statistics.

- Evaluate the implementation of: Resolution 07b/NQ-TLD dated January 21, 2016; Coordination Regulation 3601/QCPH-TLD-BHXH dated September 20, 2016 between the General Confederation and Vietnam Social Security; Evaluate the directed coordination work according to Decision 887/QD-TLD dated July 2, 2015 of the Presidium of the General Confederation; Evaluate the implementation of Regulation 1822/QCPH/BTC-TLD dated December 8, 2014 between the Ministry of Finance and the Vietnam General Confederation of Labor, focusing on analyzing the advantages and difficulties in coordinating inspection and auditing of trade union fund contributions, the result of increased income from trade union funds when implementing the above coordination work.

- Evaluate the financial and asset management work at grassroots trade union units in the production and business sector according to Official Dispatch 6173/TLD-TC dated March 17, 2023 of the Vietnam General Confederation of Labor.

- Trade union professional units: Evaluate the implementation of the 2024 budget estimate; the results of professional income and expenditure; the status of budget expenditure implementation from the state budget; detailed analysis of wages; and the implementation status of policies on self-management and accountability concerning task execution, organizational apparatus, staffing, and financial management according to the Vietnamese Government and General Confederation regulations.

(2) Regarding the management of trade union finance and assets:

- Evaluate the execution of the duties of trade union financial receipt, expenditure, and management according to the decentralization of the General Confederation; decide on principles of developing, allocating, and approving estimates for subordinate units according to the General Confederation's regulations; develop estimates, organize the implementation of estimates, and finalize accounts; disclose estimates, settlement; inspect and guide subordinate units in performing the receipt, expenditure, and financial management tasks for trade union and fund remittance to the superior union; approve reports on estimates and accounts of subordinate units.

- Evaluate the difficulties and advantages at each trade union level in implementing regulations on receipt, expenditure, and financial management. Evaluate and analyze the impact of the financial receipt mechanism and decentralization on the results of collecting union funds and dues.

- Evaluate asset management and construction investment according to current regulations.

- Report the results of implementing self-management policies and accountability regarding staffing usage and the financial situation in union agencies.

More details can be found in Guidance 32/HD-TLD of 2024.

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