Letter Of Quick Legal Update 20191029

• Supplementing detailed description of labor contract;
• Supplementing more specific provisions on cases of overtime work from 200 hours to 300 hours per year;
• Changing the retirement age to 62 years for men and 60 years for women;
• Expanding the right to unilaterally terminate the labor contract of the employer;
• Supplementing the provision that employers are entitled to sign multiple time-definite labor contracts with employees who are the elders and foreigners.

The draft Labor Code (amended) is expected to be approved at the end of the National Assembly session.

2| Things to know about special safeguards measures to enforce the Comprehensive and Progressive Agreement for Trans-Pacific Partnership

• Safeguard measures to be taken during the transition period;
• Emergency measures for textile products.

• There is an absolute or relative increase in imports relative to the volume and quantity of domestic production of the goods under investigation;
• The domestic industry is suffered from serious damage or threatened with serious damage;
• The excessive increase in the import of investigated goods is the cause of serious damages or threat to cause serious damages to the domestic manufacturing industry.

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