Pursuant to the Labor Code of the Socialist Republic of Viet Nam dated June 23, 1994 – the Amendment to a number of Articles of the Labor Code dated April 2, 2002;
• Pursuant to the Decree 41/CP dated July 6, 1995 of the Government stipulating in details and providing guidelines for implementing on a number of Articles in the Labor Code on labor discipline and material liability – the Decree 33/2003/ND-CP dated April 2, 2003 amended a number of Articles of Decree 41/CP;
• To stipulate the rights and obligations of both parties in labor relationship in order to ensure a stable harmonious working environment;
• After conferring with the Executive Committee of the Trade Union of the Company;
The General Director of ABC Co., (hereinafter referred to as “Company”) promulgates the Internal Labor Regulations (herein after referred to as “Regulations”) that shall be applied in the Company as follows:
GENERAL PROVISIONS
1. These Regulations include:
o regulations in respect of labor discipline that shall be observed by all employees working at the Company and its affiliates;
o regulations of sanction against employee who violates labor discipline;
o regulations of material liability against employee who has committed an act causing damage to the property of the Company.
INTERNAL LABOUR REGULATIONS Section 1, Artical 3, Term 3
as well as