Communist-ruled Vietnam is expected to ratify this year the UN convention for the free establishment of trade unions, UN officials and diplomats said, in a move meant to cut risks of trade disputes but likely leaving some foreign companies uneasy.
The Southeast Asian manufacturing hub, which is home to factories of international companies including Samsung Electronics (005930.KS), opens new tab, Intel (INTC.O), opens new tab, Foxconn (2317.TW), opens new tab and Canon (7751.T), opens new tab, is highly reliant on commerce, which last year exceeded 160% of the $415 billion domestic economy.
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