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⚠️ Layoff & Redundancy Plans in Vietnam – Legal Requirements, Severance & HR Strategy | LTS LAW FIRM Vietnamese labor law permits layoffs and workforce reductions — but only under strict statutory conditions. Employers who fail to comply risk having layoffs declared unlawful, leading to reinstatement, compensation, and regulatory sanctions. This video provides a step-by-step legal guide to handling layoffs and redundancy plans in Vietnam in a compliant and strategic manner. 🎯 What You Will Learn in This Video: ✅ Lawful grounds for layoffs and redundancy ✅ Difference between individual termination and mass layoffs ✅ Labor Utilization Plan (LUP) requirements ✅ Employee consultation obligations ✅ Notification & approval procedures with labor authorities ✅ Severance pay and job-loss allowance rules ✅ HR strategy to reduce dispute risks ⚖️ Key Legal Requirements for Layoffs in Vietnam: ✔ Existence of lawful redundancy grounds ✔ Preparation of a Labor Utilization Plan ✔ Consultation with employee representative organization ✔ Submission to provincial labor authority ✔ Advance notice to affected employees ✔ Full payment of severance or job-loss allowance 💰 Severance & Job-Loss Allowance: Severance pay: ½ month’s salary per working year (where applicable) Job-loss allowance: 1 month’s salary per working year Minimum job-loss allowance: 2 months’ salary Salary basis must comply with statutory calculation rules ❌ Common Employer Mistakes: ❌ Treating layoffs as normal termination ❌ Skipping authority notification ❌ Incorrect allowance calculations ❌ Inadequate employee consultation ❌ Poor documentation during inspections 💼 LTS LAW FIRM Services: ✅ Workforce restructuring advisory ✅ Labor Utilization Plan drafting ✅ Severance & allowance calculation ✅ Authority engagement & inspection support ✅ Dispute prevention & litigation defense 📊 Trusted by multinational and foreign-invested enterprises operating in Vietnam. 📞 Contact LTS LAW FIRM 🌐 Website: www.lts.com.vn 📧 Email: contact@lts.com.vn 📱 Zalo/WhatsApp: +84 902 798 066 | +84 965 000 524 📍 6th Floor, 520 Cach Mang Thang Tam, Nhieu Loc Ward, Ho Chi Minh City Hashtags #LayoffVietnam #RedundancyPlan #LaborRestructuring #SeverancePayVietnam #HRCompliance #VietnamLaborLaw #LTSlaw