Vietnam plans to ratify the Convention No. 87 of the International Labour Organisation (ILO) concerning Freedom of Association and Protection of the Right to Organise, a move aimed at reducing trade disputes risks, according to Vietnamese labour ministry officials.
Despite the tightly controlled one-party system and an existing national trade union, the ratification would show the country’s commitment to upholding core labour rights. The ratification, scheduled for October 2024, is crucial for compliance with international agreements.
In the article published in Reuters, the Vietnamese prime minister’s office, the labour ministry and the country’s only national union, the Vietnam General Confederation of Labour has not responded to requests for comment on the anticipated ratification as of the news release.
However, some critics argue that the plans to ratify the C87 could lead to impacts on investments and make some companies unhappy. Others believe that the impact on foreign investors’ interest may be limited. The ratification is seen as vital for upholding labour rights and avoiding trade sanctions under existing agreements with Canada and the EU.
Read the full article which first appeared in Reuters.