On December 24, speaking with reporters, Mr. Nguyen Tan Dat - Vice Chairman of the Ho Chi Minh City Labor Federation said that he had grasped information about Panko Vina Company Limited (My Phuoc 1 Industrial Park, Ben Cat Ward, Ho Chi Minh City) issuing a notice to terminate production and business activities.
The Ho Chi Minh City Trade Union and the Management Board of Ho Chi Minh City Export Processing and Industrial Zones have contacted to discuss with Panko Vina Company Limited. However, the company's leaders are currently working in Quang Nam, so they cannot work directly.
Currently, the Ho Chi Minh City Labor Federation has directed units to grasp the living conditions of workers in enterprises.
Mr. Nguyen Tan Dat added that the Ho Chi Minh City Trade Union is implementing a plan to organize activities to care for the 2026 Binh Ngo Lunar New Year for union members and workers. Workers in difficult circumstances will be supported with 1 million VND per case. In addition, support bus and train tickets for workers to return home for Tet. In which, there is an allocation to support workers at Panko Vina Co., Ltd. In case the company stops operating before the Lunar New Year 2026, the Ho Chi Minh City Labor Union will still take care of the company's disadvantaged workers.
In addition, the Ho Chi Minh City Trade Union has directed units to grasp the recruitment needs of businesses in the area. In case, employees at Panko Vina Co., Ltd. need to find a job, the union will introduce jobs to workers, so that workers can quickly have new jobs and stabilize their lives.
The representative of the Management Board of Export Processing and Industrial Zones of Ho Chi Minh City also said that they have preliminarily grasped the above enterprise information. Currently, labor relations in this enterprise are stable, there is no information that the Company owes wages or social insurance. The Management Board of Export Processing and Industrial Zones of Ho Chi Minh City will coordinate with relevant units to have a meeting and work directly to listen to businesses. At the same time, it protects the rights of employees when the company stops operating.
On the side of the Company's Trade Union, the unit is grasping the opinions and aspirations of workers to make further recommendations to the enterprise.
The company's suspension surprised workers. According to records, many imported workers have a rather difficult life. Workers worry about their income during Tet and work after Tet. Workers hope the company will pay their 13th month salary, because the workers have worked for a full year.
Previously, Lao Dong Newspaper reported that on December 23, Panko Vina Company Limited issued a notice about the termination of the company's production and business activities from February 1, 2026. The reason is that the production and business situation is facing difficulties. This enterprise said that continuing to do business in the current context is not feasible. The company is committed to fully fulfilling its obligations related to employees according to the provisions of law.
