Also attending were Mr. Le Quang Vinh - General Director of the Joint Stock Commercial Bank for Foreign Trade of Vietnam; Ms. Thai Thu Xuong - Permanent Vice President of the Vietnam General Confederation of Labor; Vice Presidents of the Vietnam General Confederation of Labor: Ngo Duy Hieu, Phan Van Anh, Nguyen Xuan Hung; Ms. Nguyen Khanh Chi - Permanent Vice President of the Vietnam Bank Trade Union and leaders of the two units.
Lending union members at all levels to buy a house
According to the coordination, the two sides will implement the following contents: Coordinate the collection and transfer of union funds; Coordinate the exploitation and implementation of banking services of the Joint Stock Commercial Bank for Foreign Trade of Vietnam to union members at all levels; Coordinate the provision of financial resources; Coordinate the provision of preferential products and services for union members; Coordinate social activities; Coordinate in information and propaganda work.
In particular, the two sides will coordinate to collect union funds in the production and business sector from employers nationwide into the union fee collection account of the Vietnam General Confederation of Labor opened at the Joint Stock Commercial Bank for Foreign Trade of Vietnam; at the same time, transfer the funds to trade unions at all levels that are used within 24 hours from receiving the union funds transferred by the employer (in case the enterprise does not have a union organization, it will be transferred to the direct superior trade union that is allocated the union fee collection).
The General Confederation supports communication and working with trade unions at all levels on opening accounts and collecting union funds through accounts at the Joint Stock Commercial Bank for Foreign Trade of Vietnam.
Coordinate in considering lending to invest in the construction of housing areas and institutions in industrial parks and export processing zones (the two sides will agree and reach specific agreements when the General Confederation of Labor implements projects that need to use bank loans), lend to union members at all levels to buy houses when the borrowers meet the credit granting conditions of the Joint Stock Commercial Bank for Foreign Trade of Vietnam and the law...
Grassroots trade unions receive trade union funding quickly
The coordination regulations are developed on the basis that all coordination activities are carried out on the basis of voluntariness, equality, mutual benefit, ensuring compliance with legal regulations and in accordance with the functions, tasks, and powers of each party. During the coordination process, it is necessary to ensure the independence of each agency. The coordination according to the established plan ensures the principles: timely, synchronous, tight, unified, regular....
Speaking at the signing ceremony, President of the Vietnam General Confederation of Labor Nguyen Dinh Khang said that collecting union funds for the production and business sector through the Vietnam Trade Union account opened at State-owned commercial banks to distribute union funds to all levels through the union fund collection software has helped all levels of trade unions, especially grassroots trade unions, receive union funds quickly, thereby ensuring financial resources for grassroots trade unions to proactively care for union members and workers.
This method of collecting union funds has also been agreed upon and actively participated by enterprises, thereby contributing to preventing loss of union funds, and the distribution of union funds to all levels of trade unions is also more public and transparent.
To continue to bring the legitimate and legal rights and interests of union members and workers, the General Confederation of Labor has signed a Regulation in coordination with the Joint Stock Commercial Bank for Foreign Trade of Vietnam.
The General Confederation assigned the General Confederation of Finance and the Joint Stock Commercial Bank for Foreign Trade of Vietnam to assign the Joint Stock Commercial Bank for Foreign Trade of Vietnam, Dong Anh branch, as units in the coordination work. The two agencies and units have organized direct working sessions to clearly identify the coordination contents, including the content of managing the collection of funds for the Trade Union in the production and business sector through the Vietnam Trade Union account opened at the Joint Stock Commercial Bank for Foreign Trade of Vietnam.
Speaking at the signing ceremony, Mr. Nguyen Thanh Tung - Member of the Government Party Committee, Party Committee Secretary, Chairman of the Board of Directors of the Joint Stock Commercial Bank for Foreign Trade of Vietnam said that when using Vietcombank's services, the Vietnam General Confederation of Labor and the provincial and municipal labor federations can manage the granting and payment of trade union funds online, 24/7, with regularly updated reports. Grassroots unions and enterprises also easily pay funds through electronic transaction channels, saving significant time and costs.
