Preparation of the trade union financial estimates for 2023 in Vietnam

Preparation of trade union financial estimates for 2023 in Vietnam (Internet image)

The Vietnam General Confederation of Labor has issued Instruction 65/HD-TLD in 2022 on the preparation of trade union financial estimates for 2023.

1. Objectives of developing trade union financial estimates for 2023 in Vietnam

The estimate of trade union financial revenue in 2023 at all levels of construction trade unions is highly feasible. Based on the actual situation, each branch and each locality shall develop a revenue estimate to ensure correct, sufficient, and timely collection according to current regulations, ensuring funding sources for operations.

2. Principles of building trade union financial estimates for 2023 in Vietnam 

- Estimating trade union financial revenue must ensure compliance with Decision 5440/QD-TLD dated October 10, 2022, of the Presidium of the General Confederation of Confederation on promulgating the Regulation on principles of building and assigning trade union financial estimates in 2023. Determining the amount of trade union financial receivables in 2023 and organizing the collection of trade union funds and fees, overcome the situation of loss of funding and union fees, especially in units and enterprises that have not yet established trade unions.

- Estimates of trade union financial expenditures need to be economical, efficient, and avoid waste. The content only focuses on practical and effective activities such as creating and fostering trade union officials, developing union members, and limiting payment for reception, administration, and other expenses.

- During the week, when the General Confederation promulgates new documents related to the implementation of the estimate, the units shall comply with the validity of the newly issued version.

3. Some key contents in the construction of the trade union financial estimate for 2023 in Vietnam 

- Collecting trade union fees:

Comply with Section 1, Part II, Principles of preparation and delivery of public financial estimates for 2023.

- Collecting non-union unions:

Comply with Section 2, Part II, Principles of building and assigning trade union financial estimates for 2023.

- Other Autumn

On the basis of the number made according to the unit's public financial finalization report in 2021, the estimated number of implementations in 2020, the units expect to collect other revenues in the 2023 estimate in the direction of stability and an increase in revenue.

- Expenses for union finance

The determination of expenditures and obligations of units shall comply with Section 2, Part III, Principles of building and assigning trade union financial estimates in 2003. In addition, units must ensure some of the following contents:

+ The cost estimate must be within the scope of the revenue that is distributed and used in the year according to the provisions of the General Confederation. In the estimate, it is only necessary to spend funds to organize key tasks, practical contents, and forms of activities for the benefit of trade union members and employees, avoiding forms and waste... The regular procurement, maintenance, and repair of assets are balanced by recurrent expenditures. The investment in capital construction shall comply with the Public Investment Plan approved by the Presidium of the General Confederation. At the same time, it is necessary to determine the obligations to pay funds to the General Confederation in accordance with the assigned regulations.

+ Trade union agencies need to actively exercise the right to autonomy, be responsible for the use of payroll, and implement the administrative management budget according to the current regulations of the State and the Confederation.

++ Distribution of trade union finance: Comply with Decision No. 1908/QDTD dated December 19, 2016 of the Presidium of the General Union on the promulgation of Regulations on management of trade union finances and assets, collection and distribution of revenues, and trade union financial revenues and remittances; and Decision 887/QD-TLD dated July 2, 2015 of the Presidium of the General Confederation on promulgating the Regulation on funding for coordination.

++ In 2023, grassroots trade unions are allowed to use 60% of total union dues and 75% of total trade union fees; superior trade unions (at all levels) are entitled to use 40% of total union dues and 25% of total trade union dues.

++ Expenditures of the upper-level trade union: Comply with Decision 1908/QD-TLD dated December 19, 2016 of the Presidium of the General Confederation on the promulgation of regulations on financial management, trade union assets, collection and distribution of revenues and rewards, and penalties for collection and payment of public finances: Decision 1764/QD-TLD dated December 28, 2020 on amending and supplementing a number of regulations on trade union finance; Decision 4291/QD-TLD dated March 1, 2022 on promulgating Regulations on standards and spending regimes in trade union agencies.

++ Expenses of the grassroots trade union: comply with Decision 4290/QD-TLD dated March 1, 2022 of the General Confederation on the promulgation of Regulations on revenue, expenditure, financial, and asset management at grassroots trade unions.

++ Estimates of trade union financial revenues and expenditures in 2023 of the unit, if funds are used, comply with Decision 4407/QD-TLD dated March 25, 2022. The content to be used is explained in detail in the cost estimate file and is done in accordance with the authority of the General Confederation.

++ Trade unions at all levels, based on current regulations, direct lower-level trade unions to prepare congressional expenditure estimates (with separate details) that are aggregated in the trade union's financial revenue and expenditure estimates for 2023 for appraisal and approval for lower-level trade unions; at the same time, make an estimate of expenditures of the general meeting at their level, which is summarized in the estimate of financial revenues and expenditures of the trade union in 2023, and submit it to their superiors for approval.

+ Labor Confederation of Provinces and Cities; the Central Sector Trade Union and equivalent; The Corporation's trade union directly under the General Confederation of Confederation; and the grassroots direct superior trade union with its affiliated non-business units shall guide the affiliated non-business units in making estimates and propose superiors to assign tasks or orders, for the fiscal year 2023 from the union's finances (the General Confederation has the following accounting guidance).

- Non-business units comply with the current regulations of the State and the General Confederation.

Diem My

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