Extend National Day holiday to 4 days: Vietnam labor confederation

By Tri Duc
Sun, December 3, 2023 | 10:03 am GMT+7

Vietnam should extend its National Day holiday from two to four days, says the Vietnam General Confederation of Labor, which heads all labor unions in the country.

A street in Hanoi with decorations to mark Vietnam's National Day - September 2. Photo courtesy of Xay Dung (Construction) newspaper.

A street in Hanoi with decorations to mark Vietnam's National Day - September 2. Photo courtesy of Xay Dung (Construction) newspaper.

Currently, the holiday comprises Independence Day (September 2) and one day before or after the date. Instead, the occasion should be a four-day (September 2-5) holiday, allowing workers to take their children to school on September 5, the first day of a new school year, the confederation suggests.

Announcing the proposal at the Saturday session of its 13th congress held December 1-3 in Hanoi, the labor confederation noted that Vietnam’s annual holiday calendar has only 11 days, comprising one for the Gregorian New Year (January 1); five for the Lunar New Year (Tet Holiday); one for the Hung Kings’ commemoration (March 10 of lunar calendar); two for National Reunification Day (April 30) and May Day (May 1); and two for National Day holiday (September 2).

This is five or six days less than other countries in Southeast Asia and beyond, it said.

The confederation also made recommendations regarding the minimum wage; working hours and rest; state management of employers, especially regarding social insurance payment and handling of occupational accidents; rights and benefits of employees in dissolved businesses; and establishment of employees’ organizations.

Vietnam’s third quarter unemployment rate remained unchanged from the second quarter at 2.3%, or 1.08 million people, according to the General Statistics Office.

Overall, the January-September unemployment rate was 2.28%, down 0.07 percentage points year-on-year. The rate was 2.73% in urban areas and 2% in rural areas.

The country’s workforce increased by 546,000, or 1.47% year-on-year, to 52.32 million. The rate of skilled workers was 26.8%, up 0.6 percentage points.

The average monthly income of a worker was VND7 million ($288) in January-September, up VND451,000 ($18.6) or 6.8% year-on-year. The figure was VND8.6 million ($353.8) in urban areas and VND6.1 million ($251) in rural areas.

Comments (0)
  • Read More
HCMC okays projects totalling $1.23 bln at flagship hi-tech park

HCMC okays projects totalling $1.23 bln at flagship hi-tech park

Ho Chi Minh City authorities have granted investment registration certificates for four high-tech projects worth a combined $1.23 billion at the city's flagship innovation hub, reinforcing its position as a leading destination for digital and green economy investments.

Industries - Mon, April 27, 2026 | 5:47 pm GMT+7

Amkor eyes further expansion in Bac Ninh province as Vietnam's semiconductor push gathers pace

Amkor eyes further expansion in Bac Ninh province as Vietnam's semiconductor push gathers pace

Amkor Technology is looking to further invest in its major production base in Vietnam's northern province of Bac Ninh, underscoring growing confidence in the country’s role in the semiconductor supply chain.

Industries - Mon, April 27, 2026 | 5:40 pm GMT+7

Vietnam banks chase record profits despite tighter credit caps squeezing growth

Vietnam banks chase record profits despite tighter credit caps squeezing growth

Vietnam’s 2026 annual general meeting (AGM) season for banks is closing with a clear paradox: lenders are targeting record profits worth tens of trillions of dong (VND10 trillion = $379.38 million), while the key growth driver – credit expansion – is being tightened.

Banking - Mon, April 27, 2026 | 1:23 pm GMT+7

Goertek Vina injects extra $20 mln into northern Vietnam plant

Goertek Vina injects extra $20 mln into northern Vietnam plant

Goertek Technology Vina Company Limited, a subsidiary of Chinese electronics giant Goertek, plans to pour an additional over VND527 billion ($20 million) into its project in Vietnam's northern province of Bac Ninh.

Industries - Mon, April 27, 2026 | 1:04 pm GMT+7

SK Group eyes AI data center tied to $2 bln LNG power project in central Vietnam

SK Group eyes AI data center tied to $2 bln LNG power project in central Vietnam

South Korea’s SK Group is stepping up its presence in Vietnam with plans to develop an AI data center linked to the Quynh Lap LNG-to-power project in Nghe An province, as it pushes its “AI full-stack” strategy overseas.

Industries - Mon, April 27, 2026 | 9:45 am GMT+7

State divestment from Viglacera to be delayed

State divestment from Viglacera to be delayed

The Ministry of Construction will postpone plans to divest state capital from Viglacera (HoSE: VGC) - Vietnam's leading construction material producer and industrial real estate developer, citing valuation challenges and the need to safeguard state assets, a senior official said.

Companies - Mon, April 27, 2026 | 8:05 am GMT+7

Many Vietnamese firms post surging Q1 profits, some up dozens of times year-on-year

Many Vietnamese firms post surging Q1 profits, some up dozens of times year-on-year

First-quarter 2026 earnings at many Vietnamese companies rose sharply despite market volatility, with some firms reporting profits dozens of times higher than a year earlier.

Companies - Mon, April 27, 2026 | 8:00 am GMT+7

Central Vietnam province approves conversion of production forest land for Sun Group's $254 mln urban project

Central Vietnam province approves conversion of production forest land for Sun Group's $254 mln urban project

Authorities of Quang Ngai province have approved the conversion of nearly 83 hectares of production forest land for the development of an urban area project backed by real estate giant Sun Group.

Real Estate - Sun, April 26, 2026 | 1:46 pm GMT+7

Ex-banking tycoon Tram Be re-emerges in infrastructure projects in southern Vietnam

Ex-banking tycoon Tram Be re-emerges in infrastructure projects in southern Vietnam

Tram Be, once a famous banking tycoon in Vietnam, has resurfaced in the corporate arena, appearing as a representative of Ham Giang Construction Co. Ltd. at a working session with Vinh Long province authorities on Thursday.

Companies - Sun, April 26, 2026 | 8:09 am GMT+7

Techcombank keeps real estate bad debt below 1%, fully recovers principal: chairman

Techcombank keeps real estate bad debt below 1%, fully recovers principal: chairman

The chairman of Techcombank said the lender has maintained non-performing loans (NPLs) in the real estate segment below 1%, with full principal recovery even on impaired loans.

Banking - Sun, April 26, 2026 | 8:00 am GMT+7

Posco invests $282 mln in battery materials plant in northern Vietnam

Posco invests $282 mln in battery materials plant in northern Vietnam

South Korean conglomerate Posco will invest a $282 million battery materials project in Vietnam's northern province of Thai Nguyen, marking its first overseas project in the artificial graphite segment.

Industries - Sat, April 25, 2026 | 10:13 pm GMT+7

Hyundai Rotem eyes Vietnam's North-South high-speed railway project

Hyundai Rotem eyes Vietnam's North-South high-speed railway project

South Korea’s Hyundai Rotem is seeking to expand its footprint in Vietnam’s rail sector, including potential participation in the country’s planned North-South high-speed railway.

Infrastructure - Sat, April 25, 2026 | 6:58 pm GMT+7

Masan shares undervalued by 60%: CEO

Masan shares undervalued by 60%: CEO

Masan Group’s MSN shares are trading at a steep discount to intrinsic value and the corporation targets stronger cash generation over the next decade, said CEO Danny Le.

Companies - Sat, April 25, 2026 | 2:33 pm GMT+7

Vietcombank aims to complete private placement in 2026

Vietcombank aims to complete private placement in 2026

The chairman of Vietcombank said the state-controlled lender is working with potential investors and is in detailed negotiations, with a view to executing a private placement in 2026, subject to market conditions.

Banking - Sat, April 25, 2026 | 9:35 am GMT+7

PVOIL targets 30% profit hike, expands into aviation fuel and EV charging

PVOIL targets 30% profit hike, expands into aviation fuel and EV charging

PVOIL, a subsidiary of state-owned Petrovietnam, has set a target of stronger profit growth in 2026 as it diversifies beyond traditional fuel retail into aviation fuel and electric vehicle (EV) charging infrastructure.

Companies - Sat, April 25, 2026 | 8:17 am GMT+7

Foxconn accelerates investment in Vietnam, moves toward humanoid robot manufacturing

Foxconn accelerates investment in Vietnam, moves toward humanoid robot manufacturing

Taiwan’s Hon Hai Precision Industry (Foxconn), a major Apple supplier, is signaling a deeper expansion in Vietnam as it pushes beyond traditional electronics manufacturing into higher-value automation, including industrial humanoid robots.

Industries - Fri, April 24, 2026 | 6:44 pm GMT+7