Vietnam approved an amended Labor Code, which came into effect in January 2021. The amendment to the labor regulations are a step towards aligning with international labor standards particularly as Vietnam integrates into the world economy as noted by the  International Labor Organization (ILO).

• Vietnam?s National Assembly approved a new Labor Code which took effect in January 2021.
• The amended code offers greater protection for employees and is viewed as better aligned with international best practices.
• The government released Decree 145 guiding the implementation of the labor code, which will take effect on February 1, 2021.
• Businesses should review their labor practices and ensure they are compliant as per amendments in the labor code

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