Policies for employees when enterprises are equitized

Legal Consulting Office of Lao Dong Newspaper answers:

Clauses 1, 2, 3, Article 53 of Decree 57/2026/ND-CP on restructuring state capital in enterprises (effective from February 13, 2026) stipulate policies for employees as follows:

1. Employees are allowed to continue working at enterprises after conversion to implement new labor contracts.

2. Employees terminating labor contracts are entitled to the regime of job loss and resignation allowance according to the provisions of labor law or policies for redundant employees when converting ownership of enterprises with 100% state-owned charter capital.

3. Employees who are eligible for pension benefits are implemented according to the provisions of law on social insurance and other rights according to the provisions of law on labor.

Thus, from February 13, 2026, when enterprises are equitized, policies for employees are regulated as above.

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