Some key contents in the work of building trade union financial estimates for 2024 in Vietnam

Some key contents in the work of building trade union financial estimates for 2024 in Vietnam (Internet image) 

Regarding this issue, LawNet would like to answer as follows:

Some key contents in the work of building trade union financial estimates for 2024 in Vietnam

Specifically, according to  Instruction 95/HD-TLD dated October 10, 2023, the Vietnam General Confederation of Labor has introduced a number of key contents in the construction of trade union financial estimates for 2024 as follows:

(1) Collection of trade union fees: Follow section 1, part II Principles for building and delivering trade union financial estimates for 2024.

(2) Collection of union dues: Follow section 2, part II Principles for building and delivering trade union financial estimates for 2024.

(3) Other revenues:
Based on the realized numbers according to the unit's union financial settlement report in 2022, the estimated realized numbers in 2023, the units expect other revenues in the 2024 estimate in the direction of stabilizing and increasing revenue sources.

(4) Union financial expenditure

Determining the amount of expenditure and payment of obligations of units is carried out according to section 2, part III of the Principles for Building and delivering trade union financial estimates for 2024. In addition, units must ensure some of the following contents:

- Expenditure estimates must be within the scope of revenue distributed and used during the year, according to the regulations of the General Confederation.

In the cost estimate, it is necessary to reserve funding sources to organize key tasks, content and forms of practical activities for the benefit of trade union members and workers, avoiding formalities and waste. The purchase, maintenance, and regular repair of assets are balanced by regular expenditure sources. Capital construction investment is carried out according to the Public Investment Plan approved by the General Confederation's Presidium.

At the same time, it is necessary to determine the obligations to pay funds to the General Confederation in accordance with assigned regulations.

- Trade union agencies need to proactively exercise autonomy, take responsibility for using payroll, and implement administrative management budgets according to the current regulations of the State and the General Confederation.

+ Union financial distribution: implemented according to Decision 1908/QD-TLD dated December 19, 2016 of the General Confederation's Presidium on the promulgation of Regulations on financial management, trade union assets, collection and distribution of revenue sources and rewards, fines, collection and remittance of trade union finances; Decision 887/QD-TLD dated July 2, 2015 of the General Confederation's Presidium promulgating Regulations on Funding for coordination.

+ In 2024, the grassroots Trade Union will be able to use 70% of the total union fee collection and 75% of the total trade union fee collection; upper-level trade unions (all levels) are allowed to use 30% of the total collected trade union fees and 25% of the total collected trade union funds.

+ Expenditures of upper-level trade unions: Follow Decision 1908/QD-TLD dated December 19, 2016 of the General Confederation's Presidium promulgating Regulations on financial management, trade union assets, collection, distribution of revenue and rewards, fines, collection, and payment of trade union finances; Decision 1764/QD-TLD dated December 28, 2020 on amending and supplementing a number of regulations on trade union finance; and Decision 4291/QD-TLD dated March 1, 2022 promulgating Regulations on Standards and spending regimes in Trade Union agencies.

+ Expenditures of the grassroots trade union: Follow Decision 4290/QD-TLD dated March 1, 2022, of the General Confederation on promulgating regulations on revenue, expenditure, financial, and asset management at the grassroots trade union .

+ Estimated union financial revenues and expenditures in 2024 of the unit if funds are used according to Decision 4407/QD-TLD dated March 25, 2022. The content of use is specifically explained in the estimate documents and is implemented in accordance with the authority assigned by the General Confederation.

+ Confederation of Labor of provinces and cities; Central sector trade union and equivalent; The Corporation's Trade Union under the General Confederation and the immediate superior trade union at the grassroots level with affiliated public service units guide the affiliated public service units to prepare estimates and propose to superiors to assign tasks or place orders for fiscal year 2024 from union finance.

- Public service units comply with the current regulations of the State and the General Confederation.

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